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Mon, 28 Dec 2020 | ADMINISTRATION
Peer-to-peer (P2P) lender MoneyThing has fallen into administration, citing the unaffordable costs of litigation by a borrower.
The company said: “The directors of MoneyThing have taken this decision in order to protect th... continue reading
Wed, 23 Dec 2020 | BUSINESS SALE
Confectionery giant Ferrero has completed the acquisition of cereal bar company Eat Natural for an undisclosed sum. The acquisition is part of Ferrero’s attempts to expand its brand portfolio into the healthy snacking sector... continue reading
Tue, 22 Dec 2020 | BUSINESS NEWS
According to new research from insolvency specialist Begbies Traynor, close to 40,000 UK retailers were in “significant financial distress” prior to the government introducing tougher COVID-19 restrictions at the weeke... continue reading
Mon, 21 Dec 2020 | BUSINESS SALE
Acquisitive consultancy group RSK has expanded further with the acquisition of Black & Veatch’s water business in the UK and Asia. The acquisition, which is expected to complete early next year, includes all of the company&r... continue reading
Fri, 18 Dec 2020 | BUSINESS NEWS
WPP, the world’s biggest advertising group, has announced that it intends to pursue £200m-£400m in acquisitions each year in high-growth areas such as ecommerce and tech. In its strategy, announced to investors o... continue reading
Thu, 17 Dec 2020 | BUSINESS SALE
Liverpool-based modular housing firm Ideal Modular Homes has been acquired in a pre-pack administration after running into cashflow difficulties. The company has been acquired by newly formed IDMH from administrators Quantuma and ... continue reading
Wed, 16 Dec 2020 | COMMERCIAL PROPERTY
Property investor Urban Logistics REIT PLC has made three acquisitions totalling £22.9 million in Huntingdon, Fareham and Northampton. The cost has been funded by the company’s recent round of fundraising.
In Hunting... continue reading
Tue, 15 Dec 2020 | ADMINISTRATION
East London-based Lloyd Shoe Company, an Arcadia Group supplier, has filed for administration. The business has become among the first suppliers to be impacted by Arcadia Group’s collapse, but continues to trade as normal wh... continue reading
Mon, 14 Dec 2020 | BUSINESS SALE
Luxury goods firm LVMH has begun sounding out potential buyers for shirtmaker Thomas Pink, with demand for office and formal wear plummeting during the COVID-19 crisis. The sale is reported not include any stock, essentially amoun... continue reading
Fri, 11 Dec 2020 | ADMINISTRATION
Kent-based contractor Coombs (Canterbury) Limited has fallen into administration, blaming a poor trading position that was then exacerbated by the COVID-19 pandemic. Thomas D’Arcy and Christopher Latos of White Maund Insolve... continue reading
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UK administrations update: April 29 – May 6 | ADMINISTRATION
Since our last update, the following businesses have been co...
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Insurance broker secures funding and announces client book acquisition | BUSINESS SALE
Delta Corporate Risk, an insurance broker headquartered in M...
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Full-service practice acquires local construction law specialist | BUSINESS SALE
Reeves James, a specialist construction law practice, has be...
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