Lawyers for US cancer sufferers challenge Bayer’s $7.25bn Roundup settlement deal
Lawyers representing US cancer patients are challenging Bayer's $7.25 billion settlement deal for Roundup. The challenge questions the adequacy of the settlement terms.
Why this matters: This could delay compensation for claimants and influence future corporate liability cases.
France’s Engie strikes deal to buy UK Power Networks for £10.5bn
French energy company Engie has agreed to acquire UK Power Networks for £10.5 billion. This deal expands Engie's presence in the UK energy distribution market.
Why this matters: This acquisition could reshape competition in the UK's energy distribution sector.
John Lewis scraps £500m deal to build 1,000 rental homes
John Lewis has canceled a £500 million plan to build 1,000 rental homes. The decision halts a major residential development project.
Why this matters: This reduces planned housing supply in the UK rental market.
MARA Buys 64% of Exaion, Deepening Move Into AI Infrastructure
MARA Holdings has acquired a 64% stake in French computing infrastructure operator Exaion. The deal was first agreed upon in August 2025.
Why this matters: This acquisition expands MARA's capabilities in AI infrastructure, reflecting strategic investment in high-growth technology sectors.
Aston Martin issues another profit warning and sells F1 naming rights for £50m
Aston Martin issued another profit warning and sold Formula 1 naming rights for £50 million.
Why this matters: Profit warnings signal financial challenges, while asset sales can provide liquidity.
Boohoo and Debenhams owner raises £35m, risking Mike Ashley clash
Boohoo and Debenhams owner has raised £35 million in funding. This move could potentially lead to a conflict with Mike Ashley.
Why this matters: This signals a strategic financial move in the retail sector that may affect competitive dynamics.
Craft beer maker Brewdog put up for sale
Brewdog, a craft beer company, has been put up for sale with consultants overseeing the process. The business may be broken up during the sale.
Why this matters: This sale could reshape the craft beer market and affect brand distribution.