IG Group (IGG LN) is cutting hundreds of jobs from its 2300 strong workforce, weeks after announcing the USD 1.3bln acquisition of Underdog, reports Sky News
Newsquawk Staff ·
IG Group (IGG LN) is cutting hundreds of jobs from its 2300 strong workforce, weeks after announcing the USD 1.3bln acquisition of Underdog, reports Sky News.
Sources
- Bridgepoint (BPT LN) is working with bankers at Goldman Sachs on the sale of its stake in Itsu Group, Sky News reports
- Goodwin (GDWN LN) confirms that it is in advanced talks with Cerberus for GBP 1.1bln for the sale of its Mechanical Engineering unit; Discussions are ongoing and there can be no certainty that a transaction will be entered into, nor as to its terms.
- PE firm Cerberus nears GBP 1bln deal for Goodwin's (GDWN LN) defence unit, reports FT
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