London · Est. 2026

The City Brief

The City, through the law.

Topic

M&A

5 briefings touching on M&A.

Monday, 3 August 2026

The Final Approach

Castlelake's takeover clock resets to Friday as Apollo's £7.15-a-share offer holds sway at easyJet, Lloyds shares break the £1 barrier for the first time in two decades, and the City braces for a heavyweight week of earnings from HSBC, BP, Glencore and Diageo.

Thursday, 30 July 2026

The Committee Holds, The Index Doesn't

The Bank of England held Bank Rate at 3.75% for a seventh straight meeting, the FTSE 100 set an intraday record on an oil-driven rally that owed little to UK economic strength, and Segro's board edged toward recommending Prologis's improved takeover bid ahead of a 12 August deadline.

Wednesday, 29 July 2026

The Sweeter Offer

Serica tops a rival bid to win Pharos Energy at a premium, Ocado quietly drops its £190m fight with M&S, and Reckitt beats its quarterly growth forecast while warning that margins have further to fall before they recover.

Monday, 27 July 2026

Put up, or shut up

Railpen walks away from IP Group as the takeover clock runs out, Johnson Matthey asks shareholders to bless a £1bn return of capital, and Aston Martin explains exactly where its new £550m loan sits in the group.

Friday, 24 July 2026

Private equity comes knocking

A £2.4bn approach for a FTSE 250 engineer starts the takeover clock, the High Court declines to rescue a stricken energy supplier, and the FCA asks whether raising fresh capital in London should be easier.

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