Tag: UK
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UK Public Companies Face Rising Threat from U.S. Activist Investors
UK public companies are increasingly threatened by aggressive U.S. investors, with activist funds launching 59 campaigns in a year—more than any European nation and fourth globally. A report by Alvarez and Marsal reveals that these investors seek to improve share prices by pushing for significant changes in struggling businesses. Britain’s public corporations are increasingly facing…
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Shifting Perceptions: Corporate Bonds Gaining Favor Over Government Securities
A remarkable trend in developed bond markets suggests that corporate bonds are being viewed as safer than government bonds by investors. This changing perception, particularly in the U.S., U.K., and parts of Europe, may lead to scenarios where some companies trade at lower yields than their sovereign counterparts, a shift that was previously unthinkable. Recent…
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Vodafone Group Settles Rs 11,650 Crore Dues to Lenders Against VIL Shares
Vodafone Group has settled Rs 11,650 crore in dues to lenders against Vodafone Idea shares, with a pledge to HSBC Corporate Trustee Company, which involves its entities in Mauritius and India. Vodafone Group has successfully cleared approximately Rs 11,650 crore in dues owed to lenders, which were secured against shares of Vodafone Idea Limited (VIL).…
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IT Engineering Firms Pursue Strategic Acquisitions to Enhance BFSI Expertise
IT engineering companies are on an acquisition drive to solidify their foothold in the BFSI sector. Notable acquisitions include Intelliswift for $110 million and asset purchase from SoHo Dragon by Persistent Systems. Furthermore, EPAM Systems’ acquisition of First Derivative and various other mergers underscore the sector’s vitality as BFSI engineering experiences a resurgence, aided by…