Company News
DS Smith trading in line despite ‘challenging’ end markets
Packaging company DS Smith said on Tuesday that trading since 1 May has been in line with its expectations despite "challenging" end markets, amid continued resilient pricing and strong cost control measures.
Caledonia sells stake in 7IM to Ontario Pension Plan Board
Caledonia Investments said it was selling its majority stake in retail wealth manager Seven Investment Management (7IM), to Ontario Teachers' Pension Plan Board for £255m.
PZ Cussons offers to buy out Nigeria minority stake for £23m
Consumer goods firm PZ Cussons has offered to buy out the minority-held shares of PZ Cussons Nigeria (PZCN) for £22. 8m with a plan to de-list the business from the Nigerian stock exchange.
TI Fluid buys Hungary's Cascade for €25.4m
TI Fluid Systems said it had agreed to buy Hungarian firm Cascade Engineering Europe for €25. 4m (£21. 7m) in cash.