Teneo swoops to buy Deloitte’s UK restructuring arm
The deal will be the most significant disposal so far by one of the big four accountancy firms, Sky News learns. The shake-up of Britain’s big four audit firms is to continue in earnest when Deloitte unveils the sale of its restructuring arm to Teneo, a strategic consulting firm which advises many of the UK’s […]
British retailer French Connection receives takeover approaches
Struggling British fashion retailer French Connection is in takeover talks with two possible suitors, it said on Friday. The group said it had received one approach from Spotlight Brands in conjunction with Gordon Brothers International and another from Go Global Retail in conjunction with HMJ International Services Ltd. French Connection said the talks were at […]
Suez Gets Proposal From Ardian, GIP for Friendly Takeover
Suez SA said it received a letter of intent from two funds proposing an amicable takeover, the latest development in the French water company’s attempts to fight off being swallowed by rival Veolia Environnement SA. Private equity firms Ardian and Global Infrastructure Partners would offer 18 euros ($22) a share, Suez said in a statement […]
