Unilever offloads spreads business to private equity firm KKR
Private equity firm KKR has emerged victorious in a three-way battle for Unilever’s spreads business, striking a 6.8 billion euro (£6 billion) deal to buy the under-performing operation in charge of Flora and I Can’t Believe It’s Not Butter.
UK launches ‘deeper examination’ of ICO cryptocurrency tokens after consumer warning
The UK’s financial watchdog is set to launch a “deeper examination” into Initial Coin Offerings (ICO), in a move that could ramp up regulation against the fundraising tool that has been riding the wave of the Bitcoin boom.
Inquiry into abuse allegations against bishop rushed to judgment, says review
A Church of England inquiry into child abuse allegations against one of its most respected bishops almost 60 years after his death has been criticised for “rushing to judgment” by an independent review.