UK

Sources: Revolut scrapped plans to buy a US lender and will instead apply for a US banking license, betting Trump's lighter touch on approvals will be faster

UK-headquartered fintech had hoped to secure a banking charter through buying an American lender  —  Stephen Morris in Davos and Laith Al-Khalaf in London

The UK government plans to take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London

UK satellite company Open Cosmos wins a highly contested Ka-band spectrum license, used for high-speed consumer internet, beating Peter Thiel-backed companies

Adobe and Figma end their $20B merger, announced in September 2022, over “no clear path” to EU and UK antitrust approval; Adobe owes Figma a $1B termination fee

Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma …

UK online grocer Ocado, which licenses its automated warehouse tech to other brands, raised £578M in a share sale and secured a £300M loan facility from banks

Investment firm Carlyle Group confirmed it acquired UK-based game publisher Jagex, which develops RuneScape, reportedly for at least $530M

Experian acquires UK-based ClearScore, which gives users a credit score and matches them to financial products, for £275M plus an unspecified earnout