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Wales
Thursday 25 June 2020

Latest News

Top Story

New chief executive appointed at Principality

Principality Building Society has appointed a new chief executive who will take up the role subject to regulatory approval.
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Insider Feature
Feature 1

Ask the expert: Will business valuations be affected by Covid?

Firms that were considering selling their business before the pandemic, or even acquiring a company, may be left wondering if valuations are affected by coronavirus. Craig Blackmore of Verde Corporate Finance shares his thoughts.
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Deals

Cardiff advisers work on vet training MBO deal

Dealmakers at Cardiff-based Lexington Corporate Finance have worked on the management buyout of a provider of professional development training for veterinary professionals.
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£271m deal agreed to create facilities management giant

Mitie has lined up a transformative deal to acquire Interserve's facility management business, unveiled a £200m rights issue and extended its revolving credit facility.
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Clearwater reveals M&A strategic alliance

Clearwater International has announced a strategic alliance designed to enhance growth for global middle-market companies.
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CMA provides further Amazon/Deliveroo ruling

The Competition and Markets Authority (CMA) has provided a further judgement on Amazon's plans to invest in food delivery business Deliveroo in a £437m deal.
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Business

Administrators appointed to energy group’s holding company

Administrators have been appointed to Calon Energy Ltd and are set to work with directors and senior management on a new business plan for the wider group's power stations.
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Horse and rider rehab centre set to open in North Wales

A therapist and trainer, who has treated humans and horses, is preparing to open her own dedicated horse and rider rehab centre.
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Swissport to cut more than 4,000 jobs

Ground handling giant Swissport is slashing is UK workforce in half in a move that could impact more than 4,000 jobs.
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Property

Existing tenants agree deals at South Gate House

Two lettings totalling almost 8,000 sq ft of office space have been secured at South Gate House in Cardiff city centre. Property consultancy Knight Frank advised the landlord in the transactions.
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Unite raises £300m for growth

Student accommodation giant Unite has raised about £300m to invest in its development pipeline and accelerate growth.
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Manufacturing

Testing starts on Aston Martin’s first motorbike

Testing has begun on Aston Martin's first motorbike ahead of it entering production in the autumn.
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Member Exclusive News

Time running out for Newport firms to access Covid-related grants

Newport City Council has encouraged businesses within the city to apply for Covid-19 related grants before the deadline at the end of the month (30 June).
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