Category : Corporate


Oakley Capital buys GLAS in £1bn+ finance deal

Private equity firm Oakley Capital, backer of Time Out, secures a majority stake in loan administration leader GLAS. The £1bn+ deal signals major growth in private credit. Discover the details.

Mickey Rourke faces LA eviction over $60,000 rent

Hollywood actor Mickey Rourke, 73, is reportedly facing eviction from his Los Angeles home over $60,000 in unpaid rent, following a controversial stint on Celebrity Big Brother. Read the full story.

Spire Healthcare Sets Takeover Bid Deadline

Spire Healthcare, the UK's largest private hospital group, has set a 20 January deadline for suitors to express takeover interest. Learn about the shareholder pressure and potential sale.

£30m German Bank Heist: Ocean's Eleven-Style Raid

Thieves executed a spectacular bank heist in Germany, drilling into a vault and stealing £30 million in gold and valuables. Discover the details of the raid and the aftermath for thousands of customers.

Clear Street UK Head Leaves After London Launch

Clear Street's UK chief, James McKeogh, has exited the firm barely a year after its London launch. Explore the implications for the fintech's European ambitions and the competitive brokerage landscape.

Rolls-Royce Boss Set for £100m Record Payday

Rolls-Royce CEO Tufan Erginbilgic could receive a share award worth over £100m following the engineering giant's dramatic turnaround. Discover how the FTSE 100 firm's value soared.

IBM's 'Turnaround' CEO Louis Gerstner Dies at 83

Louis Gerstner, the former IBM chair and CEO credited with saving the tech giant in the 1990s, has died aged 83. Discover the legacy of the leader who rejected a breakup and refocused on clients.

£1.3bn Powerball jackpot won on Christmas Eve

A single ticket holder in Arkansas scooped a staggering $1.8bn (£1.3bn) Powerball jackpot on Christmas Eve. It's the second-largest US lottery win ever. Read the full story.

John Hancock details bitter feud with mother Gina Rinehart

John Hancock says a dinner 20 years ago was his last positive interaction with mining magnate Gina Rinehart. He discusses their fractured relationship and a high-stakes legal case threatening her empire. Listen to the Full Story podcast.

11 PE-Backed Firms Fail UK Climate Disclosure Rules

A new report identifies 11 portfolio companies owned by major private equity firms as non-compliant with UK mandatory climate-related financial disclosures. Discover the firms involved and the regulatory implications.

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