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Business 05 Jan 2021 | 7:00 AM

Dealmakers cancel Christmas in busiest-ever holiday merger time

LONDON: Christmas was cancelled for dealmakers this year.

Business 01 Jan 2021 | 7:00 AM

Acadia to sell celebrity rehab centre operator Priory

LONDON: Acadia Healthcare Co Inc said it would sell its UK unit the Priory Group, a care homes operator known for its celebrity clientele, to private equity firm Waterland for about £1.08bil (US$1.47bil).

Business 21 Dec 2020 | 7:00 AM

New UK lockdown signals worsening economic outlook

LONDON: British Prime Minister Boris Johnson and members of his government risk significant political damage for their decision to introduce extremely tough restrictions on London and parts of the south-east England and withdraw a significant part of the social accommodations they had announced for Christmas gatherings.