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The owner of Royal Mail has unequivocally accepted a £3.57 billion ($4.6 billion) takeover bid from Czech billionaire Daniel Křetínský, solidifying the sale of one of Britain’s oldest and most iconic institutions. International Distribution Services (IDS), which owns the loss-making postal service, has firmly accepted a £3.70-per-share ($4.69) takeover offer...

Following a year of cautious observation, 2024 is emerging as a pivotal period for U.S. mergers and acquisitions (M&A). The latest midyear EY-Parthenon Deal Barometer anticipates a 20 % increase in corporate M&A deal volume compared to the previous year, nearly doubling the 12 % growth forecasted in January. Private...

BitFuFu Inc. (NASDAQ: FUFU) has appointed Ms. Calla Zhao as its new Chief Financial Officer, effective last Monday. Zhao, who has served as the company's financial controller since September 2021, brings extensive experience to her new role. Zhao's career includes a notable tenure at GGG Limited, an investment division of...

Alpine Income Property Trust, Inc. (NYSE: PINE) has announced the appointment of Philip R. Mays as Senior Vice President, Chief Financial Officer, and Treasurer, effective June 17, 2024. Mays brings extensive experience to his new role, having recently served as CFO of Shadowbox Studios from September 2021 to February 2024....

UK asset management firm Abrdn has announced that Stephen Bird will be stepping down as group CEO after a four-year tenure. The decision comes after a significant strategic repositioning of the company, with both the board and Bird agreeing that it is the right time for him to pass the...

Gallagher Re Japan has unveiled significant changes in its senior leadership team, appointing George Sherriff as the new CEO and Tsuyoshi "Travis" Noguchi as Chairman. Sherriff, who currently leads the Global Client proposition across the Asia Pacific from Singapore, will maintain his oversight of this offering as he transitions into...

Nearly five years ago to the day of sitting down to write this article, I had an experience that was a core lesson in managing a crisis. My dogs and I were walking along the river one afternoon when we disturbed two deadly poisonous tiger snakes. Feeling something whack against...

Lockheed Martin Corp.'s F-35 Lightning II is an exceptional American fighter jet developed with assistance from BAE Systems and Northrop Grumman. It first flew in 2016 and is rapidly being incorporated into fleets worldwide. What sets the F-35 Lightning II apart is its unparalleled features, such as stealth, maneuverability, and...

In the Age of AI, harnessing the possibility of Millennials could be the single smartest move a leader can make. Why? Imagine this… A leader who is hopeful for the future, optimistic about what is possible and keen to change roles and learn. A team member who loves technology, is...

Over the years, the use of antidepressants has increased significantly worldwide. According to a report by the Organization for Economic Cooperation and Development (OECD), Iceland, Portugal, and the United Kingdom were among the top countries with the highest consumption rate of antidepressants in 2022. Iceland had the highest consumption rate,...