Browsing Category
General business news
8647 posts
Why Lancaster University’s Bengaluru campus plan could become much more than an education project
Lancaster University’s Bengaluru campus plan is advancing, but final approval, launch timing and KWIN City execution will determine its strategic impact.
July 31, 2026
CBIZ to be taken private by Grant Thornton in largest US accounting M&A in 25+ years
Grant Thornton's $5B cash take-private of CBIZ at 54% premium arrives as Q2 EBITDA fell 14.3%; the only US-listed accounting firm now leaves the NYSE.
July 31, 2026
WSP Global’s second Arcadis approach fails on price and paper currency concerns
Arcadis rejected WSP Global's €5.2 billion revised bid at €51.50 per share, citing undervaluation, WSP stock risk, and leverage inside a combined entity.
July 31, 2026
NYSE parent ICE to acquire bond-trading platform MarketAxess in $6bn cash deal
ICE will pay $167 in cash for MarketAxess, a 33% premium and 10.6x synergized EBITDA, but MKTX was already losing share to Tradeweb before the offer landed.
July 31, 2026
Leonardo DRS to acquire Raft for $450m as defence AI software demand accelerates
Leonardo DRS will acquire Raft for $450 million to expand defence AI and mission software. See what the deal means for $DRS growth and investors.
July 31, 2026
Vanquis Banking Group (LSE: VANQ) plunges after 2026 return target cut
Vanquis Banking Group generated more first-half profit than it made during all of 2025, but weaker lending economics forced another guidance reset and sent its shares towards a 52-week low.
July 30, 2026
Jersey Mike’s IPO prices at $23 as Blackstone-backed chain tests restaurant listings
Jersey Mike’s has priced its $1 billion IPO at $23 per share, but investors must decide whether its franchised sandwich model can justify a $7.3 billion valuation after Blackstone’s rapid ownership reset.
July 30, 2026
Rentokil Initial (LSE: RTO) falls 20% after retiring US margin target
Rentokil Initial delivered stronger first-half profit and cash flow, but abandoning its 2027 North American margin target reopened doubts about the US$6.7 billion Terminix acquisition.
July 30, 2026
RTX’s SPY-6 radar production push shows how naval sensing is becoming a scale business
RTX wins a $1.8 billion SPY-6 radar contract extension as Raytheon output scales. Discover what it means for $RTX, the U.S. Navy and investors.
July 30, 2026
Lockheed Martin (LMT) wins $58.62bn PAC-3 MSE multiyear as Patriot demand triples
Lockheed Martin's $58.62B seven-year PAC-3 MSE award triples Patriot output by 2030. Can the Camden ramp keep pace with stretched NATO stockpiles?
July 30, 2026