Company News
3M to buy medical technology group Acelity in $6.7bn deal
3M has agreed to buy privately-held medical technology company Acelity in a $6. 7bn deal, including debt.
ValiRx acquires IP of failed firm FIT Biotech, forms joint venture
Clinical stage biotechnology company ValiRx announced the acquisition of the global granted patents and intellectual property assets of FIT Biotech for a nominal sum on Thursday.
Barclays sees off Bramson board bid
Barclays has thwarted a bid by Edward Bramson to force his way on to the board, the activist investor conceded before the bank's annual meeting.
VW reiterates full-year targets despite earnings slide
Shares in Volkswagen motored ahead on Thursday despite a dip in first-quarter earnings, after the car manufacturer met analyst forecasts.
Reach4entertainment loss shrinks after overhaul
Reach4entertainment Enterprises shrank its annual loss after a new management overhauled performance at the theatre and entertainment communications group.
Jaywing on target despite 'challenging' market conditions
Agency and consulting business Jaywing told investors on Thursday that full-year earnings looked set to be in line with expectations despite "challenging market conditions" in the UK.
IPF reports solid trading despite Mexican weakness
International Personal Finance reported a solid start to the year despite difficult conditions for its Mexico business.
Gfinity wins esports World Cup partnership
Gfinity confirmed on Thursday that it will be the primary consulting and programme management partner for the inaugural Esports Wega World Cup alongside Truxton Capital.
Zytronic 'cautious' of second half trading as gaming sector sales slip
Touch sensor manufacturer Zytronic warned investors that both revenues and profits from its first trading half looked set to have fallen year-on-year as a result of declining sales to the gaming sector.
Pendragon to sell off two California dealerships for £60m
Car retailer Pendragon has agreed to dispose of two of its Jaguar Land Rover dealerships in California for £60m.
Greencoat UK Wind to raise £665m to pay debt, expand portfolio
Greencoat UK Wind on Thursday said it was raising £665m in order to pay down debt and fund the expansion of its portfolio of UK-based renewable energy projects.
Wizz Air March passenger numbers take off
Wizz Air on Thursday reported a 19% month-on-month rise in growth in passenger numbers to 3. 28m.
AUM top £420bn at Schroders in the first quarter
Schroders’ assets under management have risen to more than £420bn, the fund manager said on Thursday.
Morses Club revenues top £20m
Credit provider Morses Club saw pre-tax profits jump by a quarter to £20m in a "strong" trading year.
Ryanair traffic up 10% in April
Budget airline Ryanair reported a 10% jump in April traffic on Thursday.
FirstGroup appoints Taylor Wimpey's Mangold as CFO
Transport services FirstGroup made a series of changes to its boardroom on Thursday, appointing a new CFO and non-executive director.
Sanderson acquires logistics outfit Gould Hall
Digital technology solutions business Sanderson Group has acquired logistics outfit Gould Hall Computer Services for a maximum enterprise value of £3. 17m.
Equiniti kicks off 2019 with string of new client wins
Equiniti Group on Thursday reported that 2019 has "started well" with a number of new client wins, leaving the company confident of achieving full-year expectations.
Lancashire gross written premiums ticks up in benign claims environment
Lancashire Holdings reported a rise in first-quarter gross written premiums on Thursday amid a "relatively benign" claims environment.
DWF Group acquires Poland legal firm K&L Gates Jamka
Legal business DWF Group has reached an agreement to acquire the legal services business of K&L Gates Jamka for an estimated net asset value of £3m, it announced on Thursday.