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Latest MBS News & Intelligence

MBS News

12 July 2024 - 9:08

PE-backed TGI Sport acquires virtual advertising company Supponor The specialist sports technology and media rights company, backed by Bruin Capital and Quadrand Private Equity, has announced the deal, which is expected to close over the summer. It has been a minority shareholder in Supponor since 2019. Read more.

12 July 2024 - 9:01

US and European expansion bolsters Fast Retailing performance The owner of Uniqlo raised its full year guidance for operating income to $2.9bn in its latest results. Uniqlo reported strong revenue and profit gains in Europe and the US, offsetting weaker performance in China. Read more.

12 July 2024 - 8:57

Direct Line reverses longstanding policy to avoid comparison sites A consequence of a root and branch strategy review by new CEO Adam Winslow, Direct Line products will now be available via online price comparison sites such as Compare the Market and Money Supermarket. The insurer will also shift away from pet and travel. Read more.