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Sainsubury's to appoint its CFO as boss of Home Retail after takeover completes
J Sainsbury announced on Friday it will appoint its chief financial officer John Rogers as chief executive of Home Retail Group on completion of its £1. 4bn takeover.
London pre-open: FTSE to open lower amid Brexit worries
London’s FTSE 100 is expected to open 12 points lower on Friday as oil prices fell and as concerns on this month’s European Union referendum persisted.
Polymetal signs up to Cyanide Management Code
Precious metals mining company Polymetal International announced on Friday that it has become a signatory to the International Cyanide Management Code.
3i Infra completes stake purchase in Wireless Infrastructure Group
3i Infrastructure said it had completed the acquisition of a 36% economic interest in Wireless Infrastructure Group, following clearance from the European Commission under the EU Merger Regulation.
Sainsbury's to appoint its CFO as CEO of Home Retail
London’s FTSE 100 is expected to open seven points lower at 6,225.
Tesco confirms sale of Kipa, Giraffe
Grocery giant Tesco confirmed the proposed sale of its Kipa and Giraffe businesses on Friday, as it continues to slim down and focus on its core retail business.
Friday newspaper round-up: Boots, Brexit, Sky
Boots has parted company with the boss of its UK operation weeks after a Guardian investigation revealed concerns about its business practices. The pharmacy chain’s US parent company, Walgreens Boots Alliance, said Simon Roberts would be leaving in July “to pursue new opportunities”. He has been with the company for 13 years, the last three as president of Boots. – The Guardian.
BP, Det Norske to form joint Norwegian independent producer
BP and Det Norske Oljeselskap on Friday said they were combining the assets and expertise from both companies' exploration and production operations to create Aker BP ASA, which will become Norway's largest independent oil and gas producer.