HBOS' integrated finance team has completed its second investment in two days, buying Bridgepoint's stake in Sondex, a monitoring equipment company, for £33m (€52m) just a day after it spent £4m to fund Lionheart's acquisition of 17 pubs from Regent Inns.

The bank's integrated finance team provided debt and equity to finance the Sondex acquisition. The deal provided an exit for Bridgepoint, the UK and European buy-out firm, which had backed the management buy-out of Sondex in 1998.

HBOS provides exit to Bridgepoint in second deal of the week

William Hutchings

Ex-Fidelity star Anthony Bolton warns US stocks will have ‘day of reckoning’

JPMorgan AM ups headcount 20% in European ETF push

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

GQG Launches Buyback After Stock Tumbles on Adani Probe

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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