financetom
Business
financetom
/
Business
/
PRESS DIGEST-British Business - October 28
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST-British Business - October 28
Oct 27, 2025 8:38 PM

Oct 28 (Reuters) - The following are the top stories on

the business pages of British newspapers. Reuters has not

verified these stories and does not vouch for their accuracy.

The Times

- Activist investor Nelson Peltz's hedge fund Trian and

technology investor General Catalyst have made a takeover offer

for Janus Henderson ( JHG ) valuing it at $7.2 billion.

- GSK will pay up to 268 million pounds ($359.68

million) to Strasbourg-based Syndivia for rights to a

pre-clinical prostate cancer drug showing enhanced anti-tumor

activity against an operation-resistant strain.

The Guardian

- Petrofac ( POFCF ), a North Sea oil and gas contractor, has

filed for administration after losing a major offshore wind

project for failing to meet contractual obligations, putting

over 2,000 jobs in Scotland at risk.

- Britain's competition regulator has raised concerns that

Greencore's ( GNCGF ) 1.2 billion pounds acquisition of rival

Bakkavor ( BKKVF ) could substantially lessen competition in the

market for supermarket own-label chilled sauces.

The Telegraph

- Tom Hayes, the former trader wrongly jailed for Libor

rigging, is suing former employer UBS for more than

$400 million, accusing the Swiss bank of a malicious scheme to

frame him.

Sky News

- KKR is in talks to acquire Costa Coffee from The

Coca-Cola Company ( KO ) in a surprise bid for Britain's largest

high street coffee chain.

($1 = 0.7451 pounds)

(Compiled by Bengaluru newsroom)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Taiwan cultivates young overseas chip talent with summer camps, university courses
Taiwan cultivates young overseas chip talent with summer camps, university courses
Aug 3, 2025
* Taiwan faces talent shortage in semiconductor industry * Synopsys ( SNPS ) hosts bilingual camps to attract overseas talent * Universities launch programs to boost semiconductor education By Wen-Yee Lee TAIPEI, Aug 4 (Reuters) - Dressed in a white protective suit and face mask, Nicolas Chueh listened intently as a guide introduced a series of silver machines used in...
Malaysian palm oil firm FGV to be delisted on August 28
Malaysian palm oil firm FGV to be delisted on August 28
Aug 3, 2025
KUALA LUMPUR, Aug 4 (Reuters) - Malaysia's FGV Holdings , one of the world's largest palm oil producers, will be delisted on August 28 after being taken over by a state-owned body. FGV said last week the Federal Land Development Authority (Felda) had gained more than the 90% of the company's shares required for a takeover. The offer runs to...
VinFast launches first factory in India
VinFast launches first factory in India
Aug 3, 2025
THOOTHUKUDI, Aug 4 (Reuters) - Vietnamese electric vehicle maker VinFast launched its first manufacturing facility in southern India on Monday, marking a key step in its expansion into the world's third-largest auto market. Vinfast plans to roll out cars to the showroom later this month, Pham Sanh Chau, CEO of VinFast Asia, told Reuters at the sidelines of the inauguration...
Copyright 2023-2026 - www.financetom.com All Rights Reserved