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24.02.2025 - 10:32
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Just Eat Takeaway.com sees shares rise as tech firm makes £3.3bn offer
Global technology company Prosus has tabled a £3.3bn bid to take over Just Eat Takeaway.com. The Amsterdam-based private equity firm plans to initiate the offer “as soon as practically possible”, which is anticipated to be in the second quarter, with the deal expected to wrap up by year-end. Prosus has proposed €20.30 per share in …
23.02.2025 - 10:00
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Coca-Cola and Fifa reach agreement in time for Club World Cup
Coca-Cola, alongside German sportswear titan Adidas, had initiated legal proceedings against football’s governing body over sponsorship rights for the expanded Club World Cup. The bone of contention centred on renegotiating new contracts pursuant to the increase in participating teams to 32, as reported by City AM. However, the discord seems to have been mitigated, with …
22.02.2025 - 08:30
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NIC proposes electricity bill hikes for UK households to boost network investment
The National Infrastructure Commission (NIC) has urged for increased billing and a revamp of the UK’s electricity network regulation to cater to the surging power demand. The current regulatory framework overseen by Ofgem is deemed “too complex” and deters network operators from making the necessary “proactive investments” to enhance capacity, according to the government’s independent …
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