Company News
NewRiver agrees £147m takeover of Capital & Regional
NewRiver REIT announced a recommended cash and share offer to acquire Capital & Regional on Tuesday, in a deal valued at £147m.
Galliford Try secures SEALR contract with Buckinghamshire Council
Construction company Galliford Try has secured an £88. 9m contract to complete the South East Aylesbury Link Road project on behalf of Buckinghamshire Council.
Zigup maintains forecasts as new vehicle supply improves
Commercial vehicle rental provider Zigup reported significant improvements in new vehicle supply in an update on Tuesday, bolstering its fleet replacement plans amid robust demand for light commercial vehicles (LCVs).
GSK meningococcal vaccine receives EMA recommendation
Pharmaceutical and biotechnology company GSK said on Tuesday that the European Medicine Agency has recommended meningococcal vaccine for use against certain bacteria groups.
Card Factory posts drop in interim profit, shares slide
Card Factory tumbled on Tuesday as it posted a decline in first-half profit, partly due to increases in the national living wage.
3i Group sees 'good overall performance' YTD
Venture capital firm 3i Group said on Tuesday that it had seen a "good overall performance" across both its private equity and infrastructure portfolios so far this year despite trading against a "weak economic backdrop".
SThree maintains expectations amid tough market conditions
STEM recruitment specialist SThree reported an 8% year-on-year decrease in net fees in a third-quarter update on Tuesday, primarily driven by an 8% decline in contract-related revenues, which now constituted 84% of total net fees.
Raspberry Pi debuts with 55% profit jump; Shares surge
Low-cost micro computer maker Raspberry Pi posted better than-expected interim profit in its maiden results as a listed company, sending shares in the firm higher.
Tui reaffirms full-year earnings guidance
Travel firm TUI reaffirmed its full-year earnings guidance on Tuesday, hailing a "promising" start to Winter 2024/25 as consumers continue to prioritise spending on leisure experiences.
LondonMetric nabs British Land exec as chief investment officer
Real estate investor and developer LondonMetric has appointed British Land's head of real estate as its new chief investment officer.
L&G appoints new head of asset management
Legal & General has nabbed the head of Prudential Financial's investment management business to lead its new Asset Management arm.
AG Barr backs FY expectations as interim profits, revenue grow
Irn-Bru maker AG Barr backed its full-year expectations on Tuesday as it posted a rise in interim profit and revenue and lifted its dividend.