Category: Business

AcquisitionsBusiness

Global Payments Secures UK Regulatory Approval for $22.7 Billion Worldpay Acquisition

The UK competition regulator has approved Global Payments’ planned acquisition of Worldpay in a deal valued at $22.7 billion. The approval marks a significant milestone in the ongoing consolidation within the global payments industry as major players reposition their business strategies.

UK Regulator Clears Major Payments Industry Acquisition

The United Kingdom’s Competition and Markets Authority (CMA) has cleared the anticipated acquisition of Worldpay Holdco LLC by Global Payments Inc., according to reports from the regulatory body. The decision, announced in a Monday update, removes a key regulatory hurdle for the $22.7 billion transaction that represents one of the largest payments industry deals in recent years.

by Harlow Wesley
BusinessSustainability

UK Businesses Lagging Behind UN Sustainability Targets, New Study Reveals

A major new report indicates UK businesses are falling short of sustainability targets despite financial investments. Only one sector currently qualifies as a “trailblazer” in sustainable practices, with technology and telecommunications performing worst.

UK Companies Off Track for 2030 Sustainability Goals

British businesses across multiple sectors are reportedly not making sufficient progress to meet the United Nations Sustainable Development Goals by the 2030 deadline, according to a comprehensive new analysis. The report, developed in collaboration with UN Global Compact UK, suggests that despite financial investments, the current pace of improvement falls short of what’s required to achieve the global objectives.

by Harlow Wesley