Company News
Ardian, Saudi fund to buy 37.6% stake in Heathrow
Ferrovial - Heathrow’s largest shareholder - said on Friday that it has agreed to sell a 37. 6% stake in the London airport to the Saudi Public Investment Fund and French private equity firm Ardian for just under £3. 3bn.
Director dealings: Netscientific director ups stake
Netscientifc revealed on Friday that executive director Ed Hooper had acquired 20,000 ordinary shares in the AIM-listed life sciences VC group.
Bradda Head reports promising results from Basin Project drilling
North America-focussed Bradda Head Lithium reported promising geochemical results from its drilling programme at the Basin Project in Arizona on Friday.
Aptamer enters partnership with Microsaic Systems
Aptamer Group announced a partnership with Microsaic Systems on Friday, to develop a panel of Optimer binders for integration into Microsaic's water testing system.
CMA clears Pennon's Sutton & East Surrey Water and South West merger
Water utility company Pennon has received the green light from the UK's competition watchdog for the proposed merger of Sutton & East Surrey Water and South West.
Tesco CEO's £10m pay package overshadows Q1 sales jump
British supermarket chain Tesco on Friday held annual guidance after reporting a 4. 6% jump in UK first-quarter sales, but the £10m pay packet for company boss Ken Murphy was the only number in focus.
CPPGroup offloads legacy Italy operations
CPPGroup, a provider of real-time, digitally delivered assistance products, announced the disposal of its legacy operations in Italy on Friday.
Raspberry Pi shares jump as retail investors join the fray
Budget computer maker Raspberry Pi saw a significant jump in its shares on Friday morning, as retail investors began trading its stock.
Regulator launches formal probe into Barratt-Redrow tie-up
The competition watchdog has launched an official investigation into the proposed £2. 5bn takeover of house builder Redrow by Barratt Developments, it was confirmed on Friday.
Vodafone looking to offload Indus Towers stake - report
Vodafone Group is reportedly looking to sell its whole $2. 3bn stake in India's Indus Towers through stock market block deals next week.
Tissue Regenix purchases building at Texas site
Medical technology company Tissue Regenix has purchased the building it currently leases at its facility in Universal City, Texas.
Crest Nicholson rejects two takeover proposals from Bellway
Crest Nicholson confirmed on Friday that it had rejected two, unsolicited takeover approaches from Bellway, the latest valuing the group at about £650m.
MP Evans processed crops volumes increase, crude production rises
Palm oil producer MP Evans said on Friday that both processed crops and crude production had risen across the first five months of the year.
Physiomics re-engages with DoseMe for personalised dosing software
Physiomics, a mathematical modelling and data science specialist focussed on therapeutics and personalised medicine, has re-engaged with DoseMe to implement its personalised dosing software on the ‘DoseMeRx’ platform, it announced on Friday.
Germany calls on EU to soften China tariffs - report
Germany is lobbying the European Union to soften or even scrap a proposed tariff hike on Chinese-made electric vehicles, it was reported on Friday.
Keywords Studios extends deadline for offer from EQT
Keywords Studios announced an extension to the deadline for a possible cash offer from a fund within the EQT Group on Friday.
Pantheon International appoints new portfolio manager
Pantheon International announced the appointment of Charlotte Morris as its co-lead portfolio manager on Friday.
Corero inks three-year deal as product wins award
Corero Network Security announced a new three-year partnership with US-based A2 Hosting, a provider of high-performance hosting solutions, on Friday.
Acuity RM appoints new finance director
Governance, risk and compliance software specialist Acuity RM Group announced the appointment of Katherine Buchan ACA as its finance director on Friday, effective immediately.
Renalytix test gets US Medicare coverage determination
Renalytix announced on Friday that Medicare has issued a final local coverage determination (LCD) for its ‘kidneyintelX. dkd’ testing.