The supermarket giant Asda has sold certain assets to EG Group. The £750m deal includes Asda’s petrol filling stations, car washes and ancillary land. In October 2020 it was announced that the shareholders of EG Group had acquired a majority stage in Asda.
Cairn Capital is to acquire and merge with Bybrook Capital. Established in 2014, Bybrook is a specialist distressed credit manager.
Infinity Works, a cloud and digital consultancy based in Leeds, has been acquired by Accenture, which believes the acquisition will enable it to “deliver on the promise of technology and human ingenuity”.
NHS and social care systems partner CHS Healthcare has been acquired by Acacium Group.
Video games etailer Fanatical has been acquired by Fandom. Headquartered in the USA, Fandom is a global fan platform which specialises in gaming, comic books, film and TV show content.
The UK’s B2B largest mobile, fixed-line and cloud company has been formed following the announcement that Olive Communications has been acquired by Onecom.
Global Risk Partners has bought a group of companies from Marsh. The deal includes Marsh ProBroker, Bluefin Network and Purple Partnership, Marsh Connections, Marsh Labyrinth and Broker2Broker.
Deloitte has sold its UK restructuring services business to Teneo. The acquisition expands the range of advisory services Teneo provides to business leaders around the world.
Serco has moved to strengthen its North American defence business with the £210m acquisition of Whitney, Bradley & Brown (WBB). The USA is the largest defence market in the world and WBB is a provider of advisory, engineering and technical services to the US Military.