Headline News
IDS subsidiary GLS to buy 20% stake in Greek courier firm ACS
International Distribution Services - the parent company of Royal Mail - said on Monday that subsidiary GLS has agreed to buy a 20% stake in Greek courier firm ACS Postal Services from Quest Holdings for €74m (£62m).
Ocado lining up former Microsoft executive as next chairman - report
A former Microsoft executive is reportedly being lined up as the next chairman of Ocado Group.
Sanofi to sell 50% stake in Opella to CD&R
Sanofi said on Monday that it has agreed to sell a 50% stake in its consumer healthcare business, Opella, to US private equity firm Clayton, Dubilier & Rice in a €16bn deal.
PureTech's Seaport closes $225m series B round
PureTech Health announced on Monday that Seaport Therapeutics, a company it founded, has closed an oversubscribed $225m series B financing round.
PBOC cuts benchmark lending rates as expected
The People’s Bank of China said on Monday that it was cutting its two benchmark lending rates by 25 basis points.
FirstGroup buys coach operator Anderson Travel for undisclosed sum
FirstGroup said on Monday that it has bought coach operator Anderson Travel for an undisclosed sum.
Buyers' market as number of homes put up for sale soars - Rightmove
The number of homes being put up for sale surged in October, industry research showed on Monday, holding back selling prices.