Ingredion Inc. is in advanced talks to acquire Tate & Lyle Plc in a deal valued at £2.7 billion ($3.6 billion), people with knowledge of the matter said, as another famous brand prepares to leaves the London stock market.
Tate & Lyle produces a range of ingredients used in everything from baked goods to animal feed. Source: Tate & Lyle Plc
Some members of the billionaire Glazer family have been debating whether to sell their stake in Manchester United FC, after more than 20 years of ownership that has often been blighted by fan protest, people familiar with the matter said.
When Albert Manifold was hired as chairman of BP Plc, he joked to friends the company needed a “gurrier” — Irish slang for a savvy and scrappy streetfighter — to help turn its fortunes around.
Albert Manifold Photographer: Chris Ratcliffe/Bloomberg
BP Plc unexpectedly fired Chairman Albert Manifold just months into the job due to serious concerns about “governance standards, oversight and conduct,” prolonging a period of turmoil at the UK oil major.
Albert Manifold Photographer: Chris Ratcliffe/Bloomberg
Uber Technologies Inc. is exploring options for a full takeover of Delivery Hero SE, people familiar with the matter said, a move that would help it better compete with DoorDash Inc. outside the US.
Uber signage on a scooter in the Brooklyn borough of New York.
KKR & Co. and Energy Capital Partners are considering raising their offer to acquire energy provider DCC Plc, people with knowledge of the matter said.
A British dealmaking boom has London’s M&A advisers on track for their best year in more than a decade, standing in contrast to investor fears over the country’s latest political crisis.
Commercial and residential developments in the Vauxhall district, beyond Lambeth Bridge over the River Thames in London, UK, on Monday, Feb. 16, 2026. UK unemployment rose to a near five-year high and wage growth eased as the labor market continued to weaken, setting up a potential interest-rate cut by the spring. Photographer: Jose Sarmento Matos/Bloomberg
Nigel Farage and Zack Polanski have reason to celebrate – but what next for Labour and the Tories now that the two-party system has been demolished?
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Kone Oyj agreed to acquire TK Elevator for €29.4 billion ($34.4 billion) including debt, transforming the Finnish company into the industry’s dominant player and putting new pressure on its rivals.
A TK Elevator unit at Chongqing Jiangbei International Airport in China.
Kone Oyj is nearing a cash-and-stock deal to acquire TK Elevator, people familiar with the matter said, in what will be one of the biggest-ever private equity exits in Europe.
An employee monitors an elevator hoisting machine at the Kone Oyj High Rise Laboratory in Tytyri, Finland.
Deutsche Telekom AG is discussing a potential combination with its American arm T-Mobile US Inc., people familiar with the matter said, a move that would create the world’s biggest phone company and set a record for public M&A.
A T-Mobile store in New York. Photographer: Michael Nagle/Bloomberg
Deutsche Telekom AG is discussing a potential combination with its American arm T-Mobile US Inc., people familiar with the matter said, a move that would create the world’s biggest phone company and set a record for public M&A.
A T-Mobile store in New York. Photographer: Michael Nagle/Bloomberg
Pernod Ricard SA and Brown-Forman Corp., the owner of Jack Daniel’s whiskey, are discussing a merger as the alcoholic drink companies look at ways to consolidate amid an industry downturn.
Pernod Ricard SA is exploring a potential acquisition of Brown-Forman Corp., the owner of Jack Daniel’s whiskey, as alcoholic drink companies look at ways to consolidate amid an industry downturn, people familiar with the matter said.
Workers attach labels to bottles of Brown–Forman Corp. brand Jack Daniel's Single Barrel Select Tennessee Whiskey at the company's distillery in Lynchburg, Tennessee, U.S., on Tuesday, May 18, 2021. The European Union agreed to avoid escalating its dispute with the U.S. over metal tariffs, sparing iconic products such as bourbon whiskey and Harley-Davidson motorbikes from a doubling of EU duties next month.
RedCat, the British hospitality group started by former Greene King Plc boss Rooney Anand, is exploring options including bringing in fresh investment to fund expansion, people with knowledge of the matter said.
Skyscrapers and commercial buildings on the skyline of the City of London, UK, on Tuesday, Nov. 18, 2025. UK business chiefs urged Chancellor of the Exchequer Rachel Reeves to ease energy costs and avoid raising the tax burden on corporate Britain as she prepares this year's budget.
D’Ieteren Group has appointed Rothschild & Co. to explore strategic options for its controlling stake in Belron, a global car glass replacement and repair business, according to people familiar with the matter.
Fear of AI’s potential for disruption is enough to push up borrowing costs for software companies, causing problems for a sector that has a lot of debt, according to Arini Capital Management’s founder Hamza Lemssouguer.
Hamza Lemssouguer in London, on Feb. 23. Photographer: Jose Sarmento Matos/Bloomberg
Nestlé SA is considering further reducing its footprint in the ice cream business, as new Chief Executive Officer Philipp Navratil reviews the company’s sprawling operations, people with knowledge of the matter said.
Aluminium jars of Haagen-Dazs branded dairy-free ice cream stand on display during an event at the Nestle SA headquarters in Vevey, Switzerland, on Wednesday, Feb. 12, 2019. While Nestle’s 2019 sales growth accelerated, analysts doubt the world’s largest food company will achieve growth above 4% this year.
Pernod Ricard SA, the maker of Absolut vodka and Chivas Regal whisky, is considering a listing of its Indian business, people with knowledge of the matter said.
A bottle of Ricard Pastis, produced by Pernod Ricard SA, sits on a counter inside a bar in this arranged photograph in Paris, France, on Tuesday, Aug. 25, 2015. Pernod Ricard SA, Europe’s second-biggest distiller, owner of Absolut vodka, Chivas Regal whisky and Ricard Pastis report full year results tomorrow. Photographer: Christophe Morin
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