Company News
Director dealings: Rosslyn Data Technologies chairman snaps up shares
Rosslyn Data Technologies revealed on Wednesday that chairman James Appleby had acquired 5. 28m ordinary shares in the AIM-listed software firm.
Chancellor unveils £40bn of tax rises in first Budget
Chancellor Rachel Reeves unveiled £40bn of tax rises on Wednesday, as she used her long-awaited first Budget to launch a scathing attack the previous government’s fiscal record.
AstraZeneca China president under investigation
Drugmaker AstraZeneca revealed on Wednesday that Leon Wang, the president of AstraZeneca China, was under investigation by Chinese authorities.
Vast Resources reports progress at former Hanes Mine
Vast Resources updated the market on its project involving the processing of material from a rock dump at the former Hanes Gold Mine in Romania on Wednesday.
Grafton takes over Spanish HVAC firm Salvador Escoda
Building materials distributor and retailer Grafton Group announced on Wednesday that it had completed the acquisition of Salvador Escoda, one of Spain’s biggest HVAC distributors, for a maximum consideration of €132m.
Equals receives improved takeover offer, extends deadline
Equals Group updated the market on its ongoing strategic review on Wednesday, announcing that it had received a further improved, non-binding proposal from the consortium comprising Embedded Finance (Railsr), TowerBrook Capital Partners, and JC Flowers for an all-cash offer.
BP Marsh acquires 30pc stake in new broker SRT
BP Marsh announced the acquisition of a 30% cumulative preferred ordinary shareholding in SRT & Partners on Wednesday - a newly established UK retail and London market insurance broker.
Hargreaves Services reports steady progress across business
Hargreaves Services announced steady progress across its three business units - services, Hargreaves Land, and HRMS - in an update on Wednesday.
Eckoh agrees to be acquired by Bridgepoint funds
Secure payments and customer engagement software provider Eckoh announced on Wednesday that it has agreed to be acquired by Eagle UK Bidco - an indirect subsidiary of funds managed by Bridgepoint Advisers II.
Diversified completes $69m acquisition of Texas gas assets
Diversified Energy announced on Wednesday that it has completed the acquisition of operated natural gas assets in eastern Texas for a gross purchase price of $69m.
Campari tumbles on Q3 results
Campari shares tumbled on Wednesday after the Italian drinks maker reported a drop in third-quarter profits.
IG Group appoints Clifford Abrahams as CFO
IG Group said on Wednesday that it has appointed Clifford Abrahams as chief financial officer and as an executive director.
Third-quarter numbers smash expectations at UBS
UBS posted better-than-expected quarterly numbers on Wednesday, after the Swiss bank benefited from a strong performance in the Americas and Asia and an ongoing cost-cutting programme.
Griffin Mining reinstates share buyback programme
Griffin Mining announced the reinstatement of its share buy-back programme on Wednesday, allowing for the repurchase of up to 10 million outstanding shares or a maximum of $10m worth of shares.
Profits, sales plunge at Volkswagen
Profits tumbled at Volkswagen, the German manufacturer confirmed on Wednesday, dragged down by challenging market conditions and higher costs.
'No nuclear risk' from fire at BAE Systems shipyard
Shares in BAE Systems were in the red on Wednesday morning, as emergency services dealt with a fire at its Barrow-in-Furness nuclear submarine shipyard, briefly hospitalising two people and leading to the evacuation of the facility's main building, Devonshire Dock Hall.
Molten Ventures portfolio stable as new CEO takes reins
Molten Ventures announced a stable portfolio performance for its first half on Wednesday, tempered by currency headwinds and shifting leadership.
Team17 taps industry veteran Varachia as its new CFO
Video game developer and publisher Team17 announced the appointment of Rashid Varachia as its new chief financial and chief operating officer on Wednesday.
Hochschild Mining buys Cerrado's Monte Do Carmo Project in Brazil
Hochschild Mining said on Wednesday that its subsidiary, Amarillo Mineração, had exercised the right buy the Monte Do Carmo Project in Brazil from Cerrado Gold for $60m.
Glencore holds full-year production guidance
Glencore reported a mixed production performance for the first three quarters of the year on Wednesday, with copper, cobalt, zinc, and nickel output generally lower year-on-year, while steelmaking coal saw a significant increase.