tradingkey.logo

PRESS DIGEST-British Business - April 10

ReutersApr 10, 2025 3:54 AM

- The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

The Times

- British medical property owner REIT Assura AGRP.L has agreed to a 1.61 billion-pound ($2.06 billion) takeover bid from KKR KKR.N and Stonepeak Partners after rejecting a lower cash-and-stock proposal from peer Primary Health Properties PHP.L.

- British Prime Minister Keir Starmer will formally approve investment for the construction of Sizewell C in Suffolk before the spending review in June.

The Guardian

- Britain and India have agreed 90% of their free trade agreement, businesses were told this week.

- U.S. President Donald Trump's unfolding trade war makes it even more "imperative" for Britain to improve its post-Brexit trading relations with the European Union (EU), British chancellor Rachel Reeves has said.

The Telegraph

- British Prime Minister Keir Starmer has inked a 50 billion-pound ($64.21 billion) deal with Comcast CMCSA.O for a new Hollywood theme park in Bedford, which will be built on 480 acres of land and open to visitors 365 days a year.

- Rupert Murdoch's REA Group REA.AX has abandoned a fresh bid for Rightmove RMV.L after U.S. President Donald Trump's tariffs plunged global markets into chaos. The property group had been considering a renewed swoop six months after its last 6.2 billion-pound offer was rebuffed.

Sky News

- Rupert Murdoch's News UK is close to agreeing a deal to combine its influencer marketing division, The Fifth, with Brave Bison BBSN.L.

- Proxy advisor ISS has recommended that shareholders vote against Unilever's ULVR.L remuneration report at its annual meeting later this month over its new chief executive's multi-million pound pay package.

($1 = 0.7788 pounds)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI