By Najiyya Budaly
U.S. biomedical heavyweight Merck said Wednesday that it will buy Verona Pharma for $10 billion to add a drug used to treat lung disease to its portfolio of respiratory therapies.
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By Dawood Fakhir
French insurer Crédit Agricole said Wednesday that it has sold its remaining stake in FDJ United for approximately €183.3 million ($215 million), marking its exit from the international lottery gaming operator.
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By Najiyya Budaly
The London Stock Exchange needs to work at attracting secondary listings from overseas issuers to offset a thinning flow of domestic flotations, a leading British industry group said Wednesday.
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DEALS
By Joel Poultney
Utmost Life and Pensions said on Wednesday that it has penned four retirement savings deals worth £177 million ($240 million) since the start of 2025.
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By Dawood Fakhir
Caspian Sunrise said Wednesday that it has received the required regulatory nod for the $88 million sale of two drilling sites in Kazakhstan to Absolute Resources LLP.
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Brief
By Irene Madongo
Guaranty Trust Holding Company PLC, the parent of Nigerian lender GTBank PLC, said Wednesday that it has started trading on the London Stock Exchange's main market for listed securities, after raising $105 million through a share sale.
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Brief
By Irene Madongo
Hunting PLC said Wednesday that it plans to roll out a share repurchase program worth up to $40 million, a move the precision engineering company expects will lower its share capital.
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PEOPLE
By Tom Fish
Morrison Foerster has hired a borrowing specialist as a partner to join its finance and private equity groups team in London as the firm responds to "building momentum" in the market.
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