News And Announcements
Pets at Home slumps as KKR offloads 12% stake
Shares in Pets at Home tanked on Tuesday after private equity firm Kohlberg Kravis Roberts & Co sold 61 million shares in the company, equivalent to a stake of around 12. 2%.
Vedanta reports 'strong' second quarter in zinc, copper and aluminium
Vedanta Resources posted its second quarter and half year production results for the period to 30 September on Tuesday, claiming strong numbers in its zinc, copper and aluminium assets.
Ted Baker interim profit jumps 18%
Ted Baker reported a jump in first-half profit and revenue on Tuesday as it said it was on track to meet its expectations for the full year.
Domino's makes solid progress amid UK consumer uncertainty
Domino’s Pizza Group posted its third quarter trading update on Tuesday, with group system sales rising 11. 9% on an organic basis to £286. 4m, or 20. 8% on a reported basis.
Whitbread buys out Costa partner in South China
Whitbread announced on Tuesday that its Costa division has acquired 49% of its South China joint venture from its partner, Yueda, for RMB 310m (£35m).
Capita appoints ex-Amec boss Jon Lewis as CEO
Outsourcing group Capita has appointed former Amec Foster Wheeler boss Jon Lewis as chief executive to continue its turnaround.