After more than six months suspended, shares in Challenger Acquisitions (LON:CHAL) began trading again earlier this morning. The decision to put the quote on hold followed the unveiling of two acquisitions that triggered the market’s arcane reverse takeover rules. It meant the firm had to compile a prospectus ahead of relisting stock in the enlarged company. Although modest, the deals form the basis of Challenger going forward as the part owner of big wheels similar to Read more [...]

HONG KONG—Multiple deals to take U.S.-listed Chinese companies private are being backed by big checks from investors back home who are being promised extraordinary returns when the companies relist on China’s own stock markets.

Foreign private-equity funds used to be the main players in such transactions, which aim to profit from the sky-high valuations afforded to Chinese tech companies in their home market. A consortium led by the…

The Manchester-based developer has bought the 200,000 sq ft grade two-listed Crusader Works near to Piccadilly Station in an off-market deal with private landowner Shafiq Tufail. The cluster of buildings are on Fair Street, Chapeltown Street, Congou Street and Baird Street in Manchester city centre. Some of the mills are linked, forming a central courtyard. The mills are partially occupied Read more [...]