Company News
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Shein makes moves towards London IPO - reports
Monday 24 Jun 2024
(Sharecast News) - Chinese online fast fashion behemoth Shein has taken a step towards a potential public listing, it emerged on Monday, with reports that it confidentially filed documents with Britai... Read More
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Eurofins slumps after Muddy Waters allegations
Monday 24 Jun 2024
(Sharecast News) - Shares in Eurofins Scientific plunged by more than a fifth on Monday after activist hedge fund Muddy Waters accused it of financial regularities, saying it had taken a short positio... Read More
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US sustainable packaging group Sonoco to buy Eviosys for $3.9bn
Monday 24 Jun 2024
(Sharecast News) - US sustainable packing company Sonoco said on Monday that it has agreed to buy Eviosys, a food cans, ends and closures manufacturer, from KPS for about $3.9bn. Read More
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London Tunnels switches listing plan to Euronext Amsterdam
Monday 24 Jun 2024
(Sharecast News) - London Tunnels announced plans to raise £30m through an initial public offering (IPO) on Euronext Amsterdam on Monday, shifting its listing plans from the London Stock Exchange. Read More
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Getir shareholders reportedly approve company's split
Monday 24 Jun 2024
(Sharecast News) - Shareholders of Turkish rapid grocery delivery giant Getir have endorsed a major restructuring plan that would see it split into two separate entities and receive a significant capi... Read More
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Trustpilot bolsters leadership with two new hires
Monday 24 Jun 2024
(Sharecast News) - Review platform Trustpilot announced the appointment of a chief revenue officer and chief strategy officer on Monday, strengthening its senior leadership team as the company moves i... Read More
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Serica Energy completes £15m share buyback
Monday 24 Jun 2024
(Sharecast News) - Serica Energy announced the completion of its share buyback programme on Monday, which it initially launched on 24 April. Read More
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Hutchmed partner gets European approval for fruqintinib
Monday 24 Jun 2024
(Sharecast News) - Hutchmed China announced on Monday that its partner Takeda has received approval from the European Commission for 'Fruzaqla', or fruquintinib, as a monotherapy for adult patients wi... Read More
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UK manufacturing output broadly unchanged in June quarter
Monday 24 Jun 2024
(Sharecast News) - Manufacturers in the UK reported that output volumes remained broadly unchanged in the three months leading up to June, according to the latest industrial trends survey released by ... Read More
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Germany's Covestro enters 'concrete' takeover talks with Adnoc
Monday 24 Jun 2024
(Sharecast News) - German chemicals firm Covestro said on Monday that it had agreed to enter into "concrete negotiations" Abu Dhabi National Oil Co based on a potential €62 per share starting pr... Read More
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Warehouse REIT sells £57.5m of single-let assets
Monday 24 Jun 2024
(Sharecast News) - Warehouse REIT announced the completion of £57.5m in sales of single-let assets on Monday, through three separate transactions. Read More
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Anglo-Eastern reports weaker palm oil production
Monday 24 Jun 2024
(Sharecast News) - Palm oil producer Anglo-Eastern Plantations reported a 4% decrease in fresh fruit bunches production in the first five months of the year on Monday, to 403,200 metric tonnes, down f... Read More
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Apple found in breach of EU competition rules
Monday 24 Jun 2024
(Sharecast News) - Tech giant Apple has been charged with breaking new European Union laws over allowing small companies to compete on its app store. Read More
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Pets at Home kicks off £25m share buyback programme
Monday 24 Jun 2024
(Sharecast News) - Pets at Home Group announced the start of a £25m share buyback programme on Monday, after committing to one in its preliminary results. Read More
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Activist investor Engine Capital urges C&C Group to explore sale
Monday 24 Jun 2024
(Sharecast News) - Activist investor Engine Capital sent a letter to the board of C&C Group on Monday in which it urged the Magners and Bulmers owner to explore strategic alternatives for the drinks c... Read More
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Chemring appoints Tony Wood as its next chairman
Monday 24 Jun 2024
(Sharecast News) - Chemring Group announced the appointment of Tony Wood as an independent non-executive director and chairman-designate on Monday. Read More
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Shepherd out, Montague in as Brooks Macdonald CEO
Monday 24 Jun 2024
(Sharecast News) - Brooks Macdonald Group announced the retirement of Andrew Shepherd on Monday, who has served the company for 22 years, most recently as group chief executive officer (CEO) for the l... Read More
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CLS to turn Vauxhall's Citadel Place into mixed-use community hub
Monday 24 Jun 2024
(Sharecast News) - Commercial property investor CLS Holdings has unveiled development plans for its Citadel Place site in London's Vauxhall, aiming to create a "vibrant community hub" once current lea... Read More
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GSK reports regulatory progress for Omjjara, Jemperli
Monday 24 Jun 2024
(Sharecast News) - GSK announced on Monday that it has received approval from Japan's Ministry of Health, Labour and Welfare (MHLW) for 'Omjjara', or momelotinib, as a treatment for myelofibrosis. Read More
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THG inks multi-year fulfilment and distribution deal with Frasers
Monday 24 Jun 2024
(Sharecast News) - Ecommerce services and fulfilment group THG has announced a new multi-year partnership with retail conglomerate Frasers Group that includes the sale of its portfolio of luxury goods... Read More
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