PE firm Cerberus nears GBP 1bln deal for Goodwin's (GDWN LN) defence unit, reports FT
Newsquawk Staff ·
PE firm Cerberus nears GBP 1bln deal for Goodwin's (GDWN LN) defence unit, reports FT.
Sources
- BP (BP/ LN) and Louisiana agreed to resolve remaining Deepwater Horizon economic damage claims, including a USD 350mln early lump-sum payment to the state
- UK PM Burnham's government reportedly looking at a smaller than expected cut in Britain’s target for EV sales, in a move that is likely to disappoint domestic carmakers, reports FT
- Shell (SHEL LN) agrees sale of French mobility unit to DCC Energy (DCC LN), according to Reuters, citing sources
- UK Culture Secretary Nandy is "minded" to intervene in the deal for Sky to acquire ITV's (ITV LN) media and entertainment units
- Ancora pushing Big Yellow Group (BYG LN) to explore a sale, according to reports
Related headlines
- UK FCA says that the upper tribunal has confirmed it will hear the legal challenges to our motor finance compensation scheme between 16 to 26 February 2027Oct 13
- Asos (ASC LN) confirms no payment information was accessed in the security breachOct 08
- UK Labour Party shelves GBP 800mln of planned military housing repairs until at least 2029, The Times reportsOct 07
- Asos (ASC LN), on reports of a cyber incident, says they do not believe payment-card information or passwords were impactedOct 06
- Ares Management is reportedly the most likely Co. to acquire TalkTalk's consumer division, Sky News reports citing sourcesSep 29
- US Democrat Rep. Khanna is to introduce a bill to regulate artificial intelligence includes a ban on recursive technology according to CNBCSep 28
- Bridgepoint (BPT LN) and Astorg reportedly considering sale of Fenergo at GBP 2bln valuation or greaterSep 28
- Experian (EXPN LN) becomes first personal finance app integrated with Google (GOOGL) GeminiSep 23
- Daily US Equity Opening News - Chinese AI stocks fall amid probe; MSFT plans deeper Copilot discounts; BABA expands data centre capacity; QCOM unveils 2nm chip; Jana urges FUN to explore sale; KBH falls after weaker housing demand & ordersSep 23
- UK banks are reportedly lobbying for fintechs to held fund community banking hubs replacing branches, FT reports citing sourcesSep 22
- BP (BP/ LN) says it met with USW Local 7-1 reps; says company and the union still working on several key issuesSep 17
- "The prospect of a GBP 1bln bidding war for London-listed Gamma Communications (GAMA LN) is receding", Sky's Kleinman reportsSep 11
- 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 NewsSep 09
- Bridgepoint (BPT LN) is working with bankers at Goldman Sachs on the sale of its stake in Itsu Group, Sky News reportsSep 09
- 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.Sep 09