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United States

Ben Martin

Britain's EU referendum cost almost 130 million pounds to organize

Dec 14 2018

LONDON The cost of staging the 2016 referendum that triggered Britain’s impending exit from the European Union was almost 130 million pounds ($163 million), the UK’s electoral regulator said on Friday, amid calls from some politicians for a second vote.

RPT-Sleeping bags and mini golf as traders brace for Brexit all-nighter

Dec 10 2018

LONDON, Dec 7 As lawmakers gather in Britain's parliament on Tuesday to vote on the future of the country's relationship with Europe, traders in London's financial hub will be bracing for a potential burst of market turmoil that could affect the Brexit process itself.

Sleeping bags and mini golf as traders brace for Brexit all-nighter

Dec 07 2018

LONDON As lawmakers gather in Britain's parliament on Tuesday to vote on the future of the country's relationship with Europe, traders in London's financial hub will be bracing for a potential burst of market turmoil that could affect the Brexit process itself.

Intu shares nose-dive after Whittaker consortium drops bid

Nov 29 2018

A consortium led by the biggest investor in Intu Properties has scrapped a 2.9 billion-pound bid for the British shopping center owner, the second time in less than a year a takeover of the firm has collapsed.

Playtech founder sells stake in the gambling software company

Nov 23 2018

LONDON Playtech's founder Teddy Sagi has sold out of the gambling software company he set up 19 years ago by offloading a stake worth around $87 million.

UK plans to tighten takeover rules face resistance from business

Nov 21 2018

LONDON One of Britain's biggest pension funds has joined other investors, law firms and trade bodies in raising concerns about plans to give the government more power to scrutinize takeovers and other deals on security grounds, documents seen by Reuters showed.

Investor advisory firms back Takeda's $62 billion deal for Shire

Nov 20 2018

LONDON Two shareholder advisory firms have backed Takeda Pharmaceutical's $62 billion takeover offer for drugmaker Shire , dealing a blow to a group of investors who hope to block the deal.

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