Nexperia has been locked in a dispute with its Chinese unit after the Dutch government took control of Nexperia from its Chinese owner Wingtech on Sept 30.The EU is determined to find a diplomatic solution over the ownership of Dutch chipmaker Nexperia, the European Commission’s tech chief Henna Virkkunen has said.That’s all for today but you can read all the latest business and economic stories from The Telegraph here .Thanks for joining us on this live blog.Chris Beauchamp, an analyst at IG, said: “Next w ...

Core Viewpoint - Princes Group plans to list on the London Stock Exchange to access capital for M&A ambitions and accelerate growth [1][2] Group Overview - Princes Group is part of Italy's NewPrinces and aims to raise approximately £400 million ($537.9 million) from the IPO [2] - The company was acquired from Mitsubishi Corp. for £700 million in May last year and subsequently rebranded as NewPrinces [3] Financial Performance - Princes Group reported pro-forma revenues of £2.1 billion and adjusted EBITDA of £122.3 million for the year ending December 31 [5] - For the first half of fiscal 2025, pro-forma revenue was £964.2 million with adjusted EBITDA of £71 million [5] Business Strategy - The UK is identified as the largest market for Princes Group, with a focus on expanding product portfolio and international reach [4] - The company operates in five divisions: food, fish, Italian products, cooking oils, and drinks, featuring brands like Princes, Napolina, Delverde, and Naked Noodle [6] - Princes Group is actively pursuing M&A opportunities to unlock new geographies and diversify its operations [4]