Company News
Loan provider Amigo to wind down "in next few months"
Guarantor loans group Amigo has said that the orderly wind-down of the business is expected to happen "in the next few months", though it still remains open to any buyout offers from third parties.
Senior secures 12-year contract extension with Rolls-Royce
FTSE 250 engineering and manufacturing group Senior said on Wednesday that its aerospace division has been awarded a 12-year contract extension with Rolls-Royce for the supply of precision machined structures and components.
Hiscox sells Thailand, Singapore ops for undisclosed sum
Specialist insurer Hiscox said it had signed a deal to sell DirectAsia, its business operations in Singapore and Thailand to Ignite Thailand Holdings for an undisclosed sum.
LandSec says demand holding up despite rising rates
Property developer Land Securities reported a rise in lettings over the first five months of the financial year as demand for office space held up, despite rising interest rates.
PureTech Health pinches Arix boss as new chief portfolio officer
Biotherapeutics company PureTech Health, which develops medicines to treat serious diseases, has appointed the boss of Arix Bioscience as its new chief portfolio officer.
Flutter buys 51% stake in Serbia's MaxBet for €141m
Gambling company Flutter Entertainment said it had bought a 51% stake in Serbia's MaxBet for €141m (£123m), with an option to acquire the remaining 49% in 2029 based on performance.