Saturday, March 21, 2026

UK aerospace company wins lawsuit against ex-CEO who lobbied against Chinese investment deal

Gardner said Upton contacted politicians ​and encouraged them to pressure the British ⁠government to "call in" ‌the deal and impose onerous conditions, to try ​and ​keep his job under a different potential owner. But Judge Richard Smith ruled on Friday that Upton had breached his duties as ‌a director of Gardner by taking steps that "he knew would undermine the transaction," including sending emails to lawmakers ​to oppose ​the deal.

from Tech-Economic Times https://ift.tt/6pDMTrH

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Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...