Shares in British supermarket chain Morrisons spiked higher Friday after New York-based private equity firm Clayton, Dubilier & Rice trumped a previous offer for the company with a 7 billion-pound ($9.5 billion) bid, the Associated Press reported. Morrisons’ board has accepted the offer and said shareholders should vote in favor of the takeover at a meeting due in early October.

The remnants of Greensill Capital, the U.K. financing company that collapsed earlier this year, filed for chapter 15 bankruptcy in the U.S., aiming to halt litigation filed by one of its biggest clients, a coal-mining company owned by the governor of West Virginia, WSJ Pro Bankruptcy reported. Greensill’s U.S. bankruptcy filing on Wednesday seeks to halt a lawsuit brought earlier this year by coal supplier Bluestone Resources Inc. and its owners, West Virginia Gov. Jim Justice and his family, according to court papers filed in the U.S. Bankruptcy Court in New York.

A London court on Wednesday approved a 10 billion pound-plus ($14 billion-plus) class action against global payments processor Mastercard that claimants said could entitle 46 million British adults to roughly 300 pounds each if it is successful, Reuters reported. The Competition Appeal Tribunal (CAT) had been expected to certify Britain's first mass consumer class action, brought by former financial ombudsman Walter Merricks, after the UK Supreme Court overruled objections to it in December.

Swiss-Irish food group Aryzta has agreed a new €500 million revolving credit facility with three banks and has announced the disposal of its Brazilian businesses, the Irish Times reported. No financial details have been disclosed on the sale of the Brazilian subsidiaries to Grupo Bimbo SAB de CV. The transaction is expected to close shortly. Aryzta said the new credit facility, which is expected to be used by early October, is underwritten by Credit Suisse, Rabobank and UBS. It replaces the group’s current €800 million facility, which maters in September 2022.

Nearly a hundred highly paid bankers left Britain ahead of its departure from the European Union, the bloc's banking watchdog said on Wednesday, the latest confirmation of how Brexit has reshaped Europe's financial sector and its tax base, Reuters reported. The European Banking Authority (EBA) said in its annual survey of bankers earning a million euros ($1.17 million) or more a year that Britain saw a drop of 95 high earners in 2019.

Greensill Capital’s bankrupt U.S. unit won court approval to sell its Finacity Corp. business to White Oak Global Advisors for $7 million after reaching a deal with unsecured creditors, Bloomberg News reported. The transaction includes an agreement with Finacity founder Adrian Katz, who dropped demands for $21.2 million in payments related to Greensill’s purchase of Finacity in 2019. In return, the bankrupt U.S. unit will not try to sue Katz or certain other insiders for their role in the deal.

Cryptocurrency exchange Binance was providing its services in the Netherlands without the required registration, the Dutch central bank (DNB) said on Monday, in the latest regulatory hurdle for the company, Reuters reported. The company was not in compliance with the Anti-Money Laundering and Anti-Terrorist Financing Act, the De Nederlandsche Bank said, adding the warning applies to Binance Holdings Ltd and its entities that provide crypto services in the country.

Job vacancies in Britain climbed to a record high at the start of the summer as businesses competed with each other to fill positions after the government lifted pandemic restrictions, the New York Times reported. From May to July, businesses sought to fill 953,000 vacancies, up 44 percent from three months earlier and well above prepandemic levels, according to data from the Office for National Statistics published on Tuesday.

The euro zone economy grew 2% in the second quarter, the European Union statistics office said on Tuesday, confirming its earlier reading as the easing of coronavirus restrictions spurred economic activity after a brief recession, Reuters reported. In a separate release Eurostat also said that employment in the 19-nation bloc grew 0.5% in the April-June period compared to the previous quarter, in line with forecasts of economists polled by Reuters.