AI video creation firm Synthesia bags $90m in Series C at $1bn valuation
Synthesia, a London-based artificial intelligence (AI) video creation platform, has successfully raised $90 million in a Series C funding round led by Accel. The Series ... Read More
Hyatt Hotels to acquire hotel booking service Mr & Mrs Smith for £53m
Hyatt Hotels has agreed to acquire Mr & Mrs Smith, a London-based boutique and luxury hotel booking service, for £53 million in an all-cash deal. ... Read More
Brookfield Reinsurance to acquire specialty insurance underwriter Argo Group
Canadian investment management company Brookfield Reinsurance will acquire Bermuda-based insurance company Argo Group International in an all-cash deal valued at around $1.1 billion. The transaction ... Read More
M&G taps Tata Consultancy Services for implementing cloud-only strategy
Tata Consultancy Services (TCS) said that it will help London-based savings and investments business M&G to transition into a cloud-only organisation by 2025 under an ... Read More
Twig acquires teen banking company Vybe Technologies to serve Gen Z market
Twig has acquired Vybe Technologies, a teen banking services provider in the UK, in a move to increase its market reach. The financial terms of ... Read More
Maple Leaf Foods begins production at London poultry facility in Ontario
Maple Leaf Foods, a Canadian consumer packaged meats company, has begun production at its new poultry facility in London, Ontario, increasing the company’s chicken processing ... Read More
Societe Generale, Alliancebernstein to create cash equities and equity research JV
Societe Generale, a French financial services major, and AllianceBernstein, an investment management and research firm, are planning to create a joint venture (JV) to establish ... Read More
Community Fibre deploys TCS HOBS platform from Tata Consultancy Services
Tata Consultancy Services (TCS) said that Community Fibre, a full fibre broadband provider in London, has deployed its TCS HOBS platform for modernizing its business ... Read More
Cendyn acquires London-based hotel solutions provider digitalhotelier
Cendyn, a technology solutions provider for hoteliers, has acquired digitalhotelier, a London-based hotel solutions provider, for an undisclosed price. Digitalhotelier is engaged in providing hotels ... Read More
Ensurance to sell UK operations to PSC Insurance Group
Ensurance, an Australian insurance underwriting agency, has signed a non-binding agreement to divest Ensurance UK Ltd, its UK operations, to PSC Insurance Group for AUD ... Read More