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Headline News
29 May
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Marks & Spencer appoints Alison Dolan as CFO

Marks and Spencer said on Wednesday that it has appointed Alison Dolan as its new chief financial officer.

29 May
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Wood Group 'evaluating' final takeover approach from Sidara at 230p a share

Wood Group said on Wednesday that it was evaluating a fourth and final "unsolicited, preliminary and conditional" takeover proposal from Dubai-based engineering and consulting firm Sidara at 230p a share.

29 May
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Czech's in the post as Kretinsky strikes £5.3bn deal for Royal Mail

Royal Mail owner International Distribution Services on Wednesday said it had reached agreement with Czech billionaire Daniel Kretinsky on a takeover worth up to £5. 3bn for the 500-year-old company.

29 May
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ConocoPhillips to buy Marathon Oil in $22bn deal

ConocoPhillips confirmed on Wednesday that it has agreed to buy Marathon Oil in an all-share deal worth $22bn.

29 May
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Merck to buy EyeBio for up to $3bn

US pharma giant Merck said on Wednesday that it has agreed to buy ophthalmology-focused biotechnology firm EyeBio for up to $3bn.

29 May
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Averon to buy Foresight Sustainable Forestry in £167m deal

Foresight Sustainable Forestry Company is to be acquired by Averon Park in a £167m deal, it was confirmed on Wednesday, less than three years after the specialist investment firm went public.

29 May
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Funding Circle to cut 120 jobs, CFO to step down

Funding Circle said on Wednesday that it was planning to axe around 120 jobs as part of its cost-cutting and streamlining efforts, as it announced the departure of chief financial officer Oliver White.

29 May
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Ofwat mulls cutting fines for struggling water firms - report

The regulator is considering reducing fines for financially stressed water companies, including crisis-hit Thames Water, it was reported on Wednesday.

29 May
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IWG slumps as CEO Dixon sells 35m shares

IWG slumped on Wednesday after chief executive Mark Dixon sold 35m shares in the flexible workspace provider.

29 May
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JLEN Environmental posts dip in net asset value

JLEN Environmental Assets Group reported a dip in net asset value on Wednesday, on the back of lower power prices and battery revenues.

29 May
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Profits dip at Pets At Home despite revenues jump

Pets At Home posted a jump in annual sales on Wednesday but saw profits fall back, hit by availability issues.