In a landmark move reflecting BP’s commitment to green energy, the British oil giant has acquired the remaining 50.03% stake in its solar joint venture, Lightsource BP, for £254 million. This acquisition, first announced in late 2023, underscores BP’s ambitious strategy to become a leader in renewable energy as it pivots from traditional fossil fuels […]
Shares of Rightmove, the UK’s leading online property portal, soared by nearly 25% after Australia’s REA Group confirmed its interest in a potential acquisition, a move that could significantly reshape the landscape of the global property market. Rightmove’s valuation jumped to approximately £4.4 billion as investors responded to the news, highlighting the ongoing appetite for […]
Alliance Trust PLC and Witan Investment Trust plc have officially announced their intention to merge, forming a new entity named Alliance Witan PLC. This strategic move follows a detailed review by Witan of its investment management arrangements and aims to create a powerhouse in the global equity investment market. Merger Highlights: – Combined Strengths: The […]