Company News
HgCapital Trust offloads stake in F24
Private equity firm HgCapital Trust has agreed to sell its stake in European software-as-a-services business F24 to Altona.
Apax X fund sells stake in Idealista
Apax Global Alpha announced on Monday that the Apax X fund, in which it is a limited partner, has agreed to sell its minority stake in Idealista, a prominent online real estate classifieds platform in southern Europe, to Cinven.
PayPoint kicks off £20m share buyback programme
PayPoint announced the start of a £20m share buyback programme on Monday, aimed at reducing its share capital.
AstraZeneca endometrial cancer treatment recommended for EU approval
AstraZeneca announced on Monday that ‘Imfinzi’, or durvalumab, and ‘Lynparza’, or olaparib, have received a recommendation for approval in the European Union (EU) as treatments for primary advanced or recurrent endometrial cancer in patients with specific genetic profiles.
Ascential says Hudson sale ongoing with 'multiple parties'
B2B events and media group Ascential has said that the sale of its loss-making Hudson division is still ongoing despite earlier expectations that it would be wrapped up in the second quarter.
Aptitude Software wins expanded contract with global insurer
Finance software specialist Aptitude Software Group announced a significant contract win for its Fynapse platform on Monday, with an unnamed major global insurer that is an existing client of the Aptitude Accounting Hub.
Anglo American to suspend Grosvenor mine for 'months' after underground fire
Mining giant Anglo American was forced to suspend production at its Grosvenor steelmaking coal mine in Queensland after an underground fire at the weekend.
Johnson Matthey CFO to join Croda
Croda International on Monday said it had appointed Johnson Matthey chief financial officer Stephen Oxley to the same role at the chemicals company.