Anousha Sakoui

Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024.

European utility Engie has joined forces with Canada's second-largest pension fund to try to buy British power network Electricity North West (ENWL), according to two sources with knowledge of the matter.

By Naomi Rovnick and Anousha Sakoui LONDON (Reuters) - Investors are looking at UK markets as a potential haven as political uncertainty

Thames Water is pursuing talks with some of its creditors about a 1 billion pound ($1.34 billion) lifeline to give it space to restructure 16 billion pounds of debt and avoid the threat of administration, two sources with knowledge of the matter said.

Northvolt is in talks with investors and lenders to secure about 200 million euros ($218 million) in funding, three sources familiar with the matter said, as the cash-strapped Swedish battery maker seeks to stabilise its short-term finances. The talks have been taking place this week as the company seeks short-term financing while it still aims to raise a larger amount of capital, one of the sources said.

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(Reuters) -Applied Nutrition's shares opened 7% above its initial public offering (IPO) price on Thursday, giving the British supplements maker a valuation of 375 million pounds ($486.11 million) in one of the largest London IPOs this year.

The government has been on standby to place Thames Water, which is at the centre of a scandal over sewage pollution in rivers, into a special administration regime given the risk of a financial collapse

Signage for British utility company Thames Water at a repair site in London, on June 28, 2023. Toby Melville/Reuters

Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division, four people with knowledge