Company News
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Mulberry considering position as Challice rejects new Frasers offer
Monday 14 Oct 2024
(Sharecast News) - Luxury handbag maker Mulberry on Monday said it was considering its position after major shareholder Challice said it had no intention of selling its 56% stake to Mike Ashley's Fras... Read More
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InPost in advanced talks to buy remaining 70% of Menzies - report
Monday 14 Oct 2024
(Sharecast News) - Logistics firm InPost is reportedly closing in on a deal to take full ownership of Menzies Distribution Group. Read More
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BP Marsh invests in new London-based MGA
Monday 14 Oct 2024
(Sharecast News) - BP Marsh announced a new investment in London-based managing general agency (MGA) Volt on Monday, which specialises in energy insurance. Read More
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Elixirr secures £45m facility with NatWest
Monday 14 Oct 2024
(Sharecast News) - Global consultancy firm Elixirr International announced on Monday that it has secured a £45m revolving credit facility from NatWest to support its growth strategy, including mergers... Read More
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DP World announces £1bn injection into London Gateway
Monday 14 Oct 2024
(Sharecast News) - The London Gateway is to become Britain's largest container port within five years after operator DP World announced a £1bn expansion to boost capacity. Read More
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International Paper shareholders give green light for DS Smith takeover
Monday 14 Oct 2024
(Sharecast News) - Shareholders of American pulp and paper giant International Paper have given their approval for the £5.8bn takeover of London-listed packaging group DS Smith. Read More
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TI Fluid 'minded to recommend' 200p-a-share takeover offer from ABC Technologies
Monday 14 Oct 2024
(Sharecast News) - TI Fluid Systems said on Monday that it would be "minded to recommend" an improved takeover proposal from ABC Technologies at 200p a share, should a firm offer be made. Read More
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Thruvision H1 sales seen missing guidance, CEO to depart
Monday 14 Oct 2024
(Sharecast News) - Security technology firm Thruvision warned on Monday that H1 sales would fall short of guidance and revealed that chief executive Colin Evans would be leaving the group in order to ... Read More
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FCA lifts collection restrictions on S&U subsidiary Advantage
Monday 14 Oct 2024
(Sharecast News) - Motor and property finance specialist S&U announced on Monday that the Financial Conduct Authority (FCA) had agreed to lift the collection process restrictions previously imposed on... Read More
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Helical reports progress across development pipeline
Monday 14 Oct 2024
(Sharecast News) - Helical reported significant progress across its development pipeline and investment portfolio in a trading update on Monday, particularly in its London office projects. Read More
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Coral Products swings to FY loss
Monday 14 Oct 2024
(Sharecast News) - Plastic products manufacturer Coral Products warned on Monday that it would be lossmaking in FY25 as a result of a reduction in both revenues and gross margins. Read More
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Life Science REIT completes new lease at Oxford Technology Park
Monday 14 Oct 2024
(Sharecast News) - Life Science REIT announced on Monday that it has completed a new lease with quantum technology company Infleqtion for 7,500 square feet of fully-fitted laboratory space at the Inno... Read More
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Augmentum taps William Reeve as its new chairman
Monday 14 Oct 2024
(Sharecast News) - Augmentum Fintech announced the appointment of William Reeve as chairman of its board on Monday, effective 1 November. Read More
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SIG unveils refinancing plans
Monday 14 Oct 2024
(Sharecast News) - SIG unveiled plans to refinance its existing debt on Monday, with a proposed offering of €300m senior secured notes due in 2029. Read More
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Frasers Group's Ger Wright steps down as Sport MD
Monday 14 Oct 2024
(Sharecast News) - Retailer Frasers Group revealed on Monday that Ger Wright will stand down from her role as managing director of Sport on 30 November but will remain on its board as a non-executive ... Read More
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GSK reports positive results from depemokimab trial
Monday 14 Oct 2024
(Sharecast News) - GSK has announced positive results from a phase III trial of its depemokimab treatment for chronic rhinosinusitis with nasal polyps (CRSwNP). Read More
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Gambling stocks tank on report of potential £3bn tax raid
Monday 14 Oct 2024
(Sharecast News) - UK gambling stocks tumbled on Monday following a report the government is planning a tax raid of up to £3bn on the gambling sector in this month's Budget. Read More
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PageGroup cautious as recruitment weakness continues
Monday 14 Oct 2024
(Sharecast News) - PageGroup reported a 13.5% drop in group gross profit for the third quarter on Monday, reflecting ongoing challenges across global recruitment markets. Read More
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LondonMetric adds £8.5m rent in year to date
Monday 14 Oct 2024
(Sharecast News) - LondonMetric Property said it had settled a number of deals that have added £8.5m in annual rent in the financial year to date. Read More
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EasyJet appoints Lineas exec as new CFO
Monday 14 Oct 2024
(Sharecast News) - EasyJet has announced that it is appointing the chief financial officer European freight operator Lineas as the new head of its finance function, as current CFO Kenton Jarvis gets r... Read More
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