United Kingdom


Farfetch tops price range in IPO in boon to luxury market


PARIS Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands.


AT&T asks U.S. appeals court to uphold approval of Time Warner acquisition 20 Sep 2018

WASHINGTON AT&T Inc on Thursday asked a federal appeals court to reject the Justice Department's challenge to its acquisition of Time Warner, saying the government had offered no basis for second guessing key conclusions of a ruling upholding the transaction.


Rare auction showdown could decide fate of broadcaster Sky 20 Sep 2018

LONDON A protracted $34 billion bidding war for European broadcaster Sky between U.S. rivals Comcast and Twenty-First Century Fox is likely to be settled by a quick-fire auction on Saturday.


Aston Martin aims to steer round Brexit to $6.7 billion IPO 20 Sep 2018

LONDON Luxury British carmaker maker Aston Martin is seeking a price tag of up to 5.1 billion pounds ($6.7 billion) in its stock market debut next month and has geared up for any Brexit outcome, it said on Thursday. | Video


Russian sovereign wealth fund plans more investments with Alibaba after JV: CEO 12:16pm BST

MOSCOW Sovereign wealth fund Russian Direct Investment Fund (RDIF) plans more investments with China's Alibaba after the two became partners in a Russian joint venture last week and separately invested in a developer of augmented reality technology, the RDIF's head said.


Uber in talks to buy food delivery firm Deliveroo: Bloomberg 20 Sep 2018

Ride-hailing company Uber Technologies Inc [UBER.UL] is in early talks to buy food delivery company Deliveroo, Bloomberg reported on Thursday, citing people familiar with the matter.


Adobe to buy marketing software firm Marketo for $4.75 billion 12:23am BST

Adobe Systems Inc on Thursday agreed to buy Marketo Inc for $4.75 billion from private equity firm Vista Equity Partners Management, adding heft to its cloud-based digital marketing business.


Shell in talks to sell $1.3 billion of Gulf Coast assets: Bloomberg 20 Sep 2018

Royal Dutch Shell Plc is in talks to sell its assets in a Gulf of Mexico oilfield to Focus Oil to pay for its takeover of BG Group Plc, Bloomberg reported on Thursday, citing people familiar with matter.

Lone Star eyes float of German building materials maker Xella: sources 10:11am BST

FRANKFURT Buyout group Lone Star is considering a stock market flotation of German building materials maker Xella which it bought in 2016 for 2.2 billion euros ($2.6 billion), three people close to the matter said.


Danish cannabis IPO aims to benefit from surge in investor interest 9:02am BST

COPENHAGEN Danish cannabis firm StenoCare is preparing to list shares in Copenhagen next month, the first in Europe to launch an initial public offering (IPO) to take advantage of a surge in investor interest.