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HgCapital Trust offloads stake in F24
Private equity firm HgCapital Trust has agreed to sell its stake in European software-as-a-services business F24 to Altona.
Apax X fund sells stake in Idealista
Apax Global Alpha announced on Monday that the Apax X fund, in which it is a limited partner, has agreed to sell its minority stake in Idealista, a prominent online real estate classifieds platform in southern Europe, to Cinven.
Europe open: Stoxx up as far-right RN wins first round of French election
European shares opened higher at the start of the new trading week as investors assessed first round results in France’s snap parliamentary election which showed the far-right anti-immigrant National Rally (RN) party in front.
PayPoint kicks off £20m share buyback programme
PayPoint announced the start of a £20m share buyback programme on Monday, aimed at reducing its share capital.
London open: Stocks gain as investors mull French election news, Nationwide data
London stocks rose in early trade on Monday as investors mulled the latest French election news and UK house price data.
AstraZeneca endometrial cancer treatment recommended for EU approval
AstraZeneca announced on Monday that ‘Imfinzi’, or durvalumab, and ‘Lynparza’, or olaparib, have received a recommendation for approval in the European Union (EU) as treatments for primary advanced or recurrent endometrial cancer in patients with specific genetic profiles.
Ascential says Hudson sale ongoing with 'multiple parties'
B2B events and media group Ascential has said that the sale of its loss-making Hudson division is still ongoing despite earlier expectations that it would be wrapped up in the second quarter.
Aptitude Software wins expanded contract with global insurer
Finance software specialist Aptitude Software Group announced a significant contract win for its Fynapse platform on Monday, with an unnamed major global insurer that is an existing client of the Aptitude Accounting Hub.
China factory activity grows at fastest pace since 2021 - Caixin
Chinese manufacturing activity grew at its fastest pace as production gains offset slowing demand, according to the private sector Caixin survey published on Monday.
UK house price growth broadly stable in June - Nationwide
UK house price growth was broadly stable in June, according to data released on Monday by Nationwide.
London pre-open: Stocks seen up as investors mull Nationwide data, French election news
London stocks were set to rise at the open on Monday as investors mulled the latest French election results and looked ahead to the UK election this week.
Anglo American to suspend Grosvenor mine for 'months' after underground fire
Mining giant Anglo American was forced to suspend production at its Grosvenor steelmaking coal mine in Queensland after an underground fire at the weekend.
Croda taps JMAT's finance chief, Anglo American suspends production at Queensland mine
London open The FTSE 100 is expected to open 32 points higher on Monday, having closed down 0. 19% on Friday at 8,164. 12.
Johnson Matthey CFO to join Croda
Croda International on Monday said it had appointed Johnson Matthey chief financial officer Stephen Oxley to the same role at the chemicals company.
Monday newspaper round-up: Investment bankers, energy price cap, Raspberry Pi
London’s investment bankers are expected to rake in bigger bonuses this financial year, as the City begins to recover from a two-year slump in deals caused by surging interest rates. Demand for investment banking services – such as facilitating mergers and acquisitions, advising companies and governments on fundraising, and underwriting new stock and bonds – was hit by a sharp increase in borrowing rates after the pandemic, as central banks acted to tame runaway inflation.