London-listed pawnbroker H&T has been acquired by a US firm, in a deal that marks another loss for the London Stock Exchange (LSE).
The acquisition of the company, which is a major player in the UK's pawnbroking and jewellery markets, highlights the ongoing trend of UK-listed companies being bought out by international firms.
The deal provides the US firm with a strong foothold in the UK market and an opportunity to expand its operations.
For H&T's shareholders, the acquisition provides a premium on their investment.
However, for the LSE, the deal is another example of a UK-listed company being taken private and delisted.
The trend of companies leaving the London market is a growing concern for policymakers and regulators, who are working to make the LSE a more attractive place to list.
The acquisition of H&T underscores the importance of the UK's financial markets and the need to ensure that they remain competitive and dynamic.
The deal is a key development for the UK's pawnbroking sector and a reminder of the ongoing consolidation in the financial services industry.
OSB Group PLC has increased its dividend and backed its guidance, but reported a 20% drop in first-half profit.
Beacon Rise Holdings has named Mark Tavener, the former finance lead at Manolete, as its new chief financial officer.
Fast-fashion company Shein is reportedly exploring a listing in Hong Kong as its London IPO plans face significant political and regulatory scrutiny.
Fast-fashion company Shein is reportedly exploring a listing in Hong Kong, as its plans for a potential London IPO face significant regulatory and political challenges.
The UK's financial watchdog has launched an investigation into the financial health and practices of the London-listed engineering and consulting firm Wood Group.
The exclusive members' club Soho House has announced it will be returning to private ownership after a period of public trading.
The chairman of fast-fashion giant Shein has reiterated the company's desire to become a publicly listed company, even as its IPO plans face scrutiny.
Luxury jewellery brand Faberge has been sold to a technology investor for a reported £37 million, a move that marks a new direction for the iconic brand.
Private equity giant Bain Capital is reportedly considering a bid for the London-listed software firm Craneware, a move that would take the company private.
The London Stock Exchange's AIM market has welcomed RentGuarantor, a company that provides guarantor services for tenants and landlords, following its move from the Aquis Stock Exchange.
The London Stock Exchange has welcomed Guaranty Trust Holding Company Plc, a major Nigerian financial services firm, to the market.
A UK parliamentary committee has launched an investigation into the potential London IPO of fast-fashion giant Shein, raising concerns over its business practices.
An explainer has been published on 'Pisces', a potential new UK stock market that could provide an alternative to the London Stock Exchange's main market.
The London Stock Exchange has welcomed Associated British Ports, the UK's largest port operator, to the market following a successful £300 million bond offering.
The owners of software company Visma are reportedly close to appointing banks for a potential £16 billion stock market listing in London.
An editorial from The Guardian argues that the shrinking of the London Stock Exchange is a symptom of a 'broken growth model' and low business investment in the UK.
Former star fund manager Neil Woodford faces a ban from the financial services industry and a substantial fine over the collapse of his flagship investment fund.
The Supreme Court has delivered a landmark judgment on undisclosed commissions in motor finance, which could have significant implications for a potential consumer redress scheme.
London Stock Exchange Group (LSEG) announced robust H1 2025 performance, with significant income growth and plans for further share buybacks.
UK’s IG Group exceeded annual profit forecasts and announced a $170 million share buyback program.
Chancellor Rachel Reeves unveiled the Financial Services Growth and Competitiveness Strategy at the Mansion House speech.
Londoners are purchasing the lowest proportion of houses outside the capital in over a decade due to stalling local prices and the shift back to office working.
FTSE 100 property developer Berkeley Group has warned of a housing slowdown in London, forecasting further decline unless the government addresses regulatory and tax hurdles.
Amazon offers 45% discount on L'Oreal Paris Laser Renew Anti-Ageing Triple Action Eye Cream.
UK borrowing costs for 30-year debt reached 5.72%, a 27-year high, raising fears of economic decline.
Poundland plans to close up to 68 stores in 2025 following financial difficulties and restructuring.
Chancellor Rachel Reeves announced the autumn budget for November 26, aiming to address a £30 billion deficit with growth measures.
Financial expert Martin Lewis has issued a strong warning against criminals who use his name and deepfake technology in 'disgraceful' online adverts to scam vulnerable people, after a woman's husband lost thousands of pounds.
The Powerball jackpot has soared to an estimated $1.3 billion, the fifth-largest in the lottery's history, after no winning ticket was sold in the latest drawing, marking the 41st consecutive drawing without a winner.
The UK's long-term borrowing costs have reached a 27-year high, fueling speculation about the government's economic credibility and the future of Chancellor Rachel Reeves following a significant government reshuffle.
.png?width=1200&auto=webp&crop=3%3A2)
.jpeg?width=1200&auto=webp&trim=0%2C0%2C0%2C0)
