Company News
Carr's Group profits tumble as agriculture woes persist
Shares in Carr's gained on Thursday after the agriculture and engineering group maintained its dividend and reported a record engineering order book despite full-year profits dropping by a third.
Saudi Telecom to approach Patrick Drahi regarding BT stake
Saudi Telecom may be preparing to approach British Telecom's largest shareholder Patrick Drahi regarding raising its interest in the UK telco.
Smart Metering shareholder PrimeStone, founders to reject KKR deal
Smart Metering Systems fell on Thursday after shareholder PrimeStone and the company’s founders, Alan Foy and Steve Timoney, said they plan to oppose its £1. 3bn acquisition by US private equity firm KKR.
Swisscom weighing offer for Vodafone's Italian business
Swiss telecommunications firm Swisscom has been mulling over an offer for Vodafone's Italian operations early next year, according to Bloomberg, potentially countering a rival bid from Iliad SA.
GlobalData shares surge on £434m investment from private-equity firm Inflexion
Data analytics and consulting firm GlobalData is selling a 40% stake in its healthcare division to private-equity group Inflexion for £434m, allowing it to de-leverage the balance sheet and accelerate M&A.
Hargreaves Services hikes divi by 70% but warns on profits
Hargreaves Services said it is hiking its dividend payout by 70% despite delivering a profit warning to the market on Thursday.