The £60m disposal is priced at a 3% discount to Unite’s June 2026 book value and is expected to complete in mid-October.
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Key insight: Small Business Bank in Kansas, with $73 million in assets, failed Friday, the fourth failure this year. Supporting data: The failure will cost the Deposit Insurance Fund roughly $5.7 million, about 8% of the firm’s total assets at the time of failure. Forward look: The fourth failure makes 2026 the worst year for…
Gold and silver prices: The price of the yellow metal in India’s retail market dropped on Wednesday, 23 September, amid news of talks between the US and Iran at the UN meeting. President Donald Trump said late Tuesday that US officials had a “very good meeting” with Iran’s delegation and that it lasted about three…
Stripe, the programmable financial services company, announced on 19 August 2026 that it has agreed to acquire OpenRouter, a prominent AI model gateway and routing platform. The deal, revealed in a joint statement from the companies’ San Francisco and Dublin offices, is aimed at helping businesses better manage token usage and optimise AI-related costs. OpenRouter’s…
A Marriott Bonvoy W Hotel is coming to a 1970s-era office tower in Charlotte as part of a developer’s larger plan to convert the building into mixed-use. New York-based Spandrel Development Partners has teamed up with 7G Group, a boutique real estate firm, to bring in the hotel as the anchor of a planned conversion…
After months of trying, Dream Finders Homes finally acquired Beazer Homes, creating a larger pool for its mortgage business. Processing Content Dream Finders entered a definitive agreement to buy Beazer in an all-cash transaction for about $2.2 billion, the companies announced in a press release Friday. Beazer shareholders will receive $33.50 in cash for each…
Luckin Coffee: Sizing The Gulf Opportunity And Unit Economics, Reiterate Hold