British enterprise app consultancy and developer Mubaloo has been acquired by New York-headquartered IPG Mediabrands, as the consumer-facing marketing agency expands into the growing enterprise mobility sector.
As we look to Christmas, sometimes there’s no telling what’s in store for us when it comes to gifts. Indeed, life itself always has a few surprises up its sleeve for us, so imagine the surprise a pair of entrepreneurs had when the company that rejected their job applications later bought their firm for $19bn…
By Ross Cocker
An increasing number of UK businesses are turning to mergers and acquisitions as a vehicle for growth.
British restaurant payment and loyalty service Velocity has bolstered its offering with the acquisition of complementary restaurant booking app Uncover, which works with 350 eateries in London.
By Simon Brooke
Innocent, Pret and Instagram – they’ve all come under fire for accepting deals with larger firms in the form of Coca-Cola, McDonald’s and Facebook respectively. But what’s a small company to do when a takeover opportunity arises
The world’s largest hotel firm, which boasts more than 5,500 venues and 1.1m rooms worldwide, has been created as Marriott has acquired Starwood Hotels & Resorts for $12.2bn.
In what marks its second acquisition in under a month, London-based digital restaurant service Velocity has bought Canadian counterpart Tab Payments, which will provide access to more than 100 new eatery clients in Toronto and Montreal as the British firm embarks on conquering America.
Quorn Foods, maker of protein-rich meat substitutes, has been sold by owners Exponent Private Equity and Intermediate Capital Group to a Philippines-based food business for £550m.
With the £114m purchase of Unruly by Rupert Murdoch’s News Corp marking a turning point for one of the UK’s most successful technology companies in recent times, what are both parties getting out of the transaction
The UK’s fourth largest supermarket chain, Morrisons, has agreed to sell 140m of its M Local convenience stores to a group led by “Secret Millionaire” and retail entrepreneur Mike Greene for £25m – but where did Morrisons go wrong
