News And Announcements
PricewaterhouseCoopers conditionally accepts acquisition of cDecisions
Multinational professional services network PricewaterhouseCoopers (PWC) said it has conditionally agreed to acquire UK-based Salesforce consultancy cDecisions.
Serco slumps after Middle East pullout cuts bid pipeline by a third
Serco's bid pipeline of large contracts has shrunk by almost a third after it pulled out of all its bids to win light-rail franchises in the Middle East.
Vue International receives bid from South Korean cinema group
South Korean cinema owner CJ-CGV is reportedly preparing an acquisition of UK-based group Vue International for a potential £2bn.
Pfizer appoints Albert Bourla to newly-created role of COO
Pfizer has announced the appointment of Albert Bourla to the newly-created role of chief operating officer with effect from 1 January, 2018.
Bango extends Amazon Japan carrier billing to Prime membership
Mobile payments company Bango announced on Monday that, following the successful launch of direct carrier billing (DCB) for Amazon retail customers in Japan in June, it has expanded DCB availability to Japanese customers of Amazon Prime and Prime Student membership programmes.
Fishing Republic sees 'significant' deterioration in trading
Fishing Republic issued an update to shareholders on Monday, reporting that since its late update in September, it has seen a “significant” deterioration in trading.
Shell sells entire stake in Woodside Petroleum
Royal Dutch Shell said on Monday that following strong demand from institutional investors, it has now agreed to sell its entire holding in Woodside Petroleum.
RedT flagship energy storage project now operational
Energy storage technology company redT energy announced on Monday that, in partnership with Centrica, its flagship UK 1MWh energy storage project was now fully operational and connected to the UK grid.
Qualcomm rejects Broadcom's $130bn takeover offer
Qualcomm’s board of directors has unanimously rejected the $130bn takeover bid made by Broadcom on 6 November.
Mereo BioPharma treatment granted PRIME designation by EMA
Clinical stage biopharmaceutical company Mereo BioPharma Group announced on Monday that the the European Medicines Agency has granted BPS-804 ‘PRIority MEdicines’ (PRIME) designation for the treatment of osteogenesis imperfecta (OI), or ‘brittle bone disease’.
Cellcast confident despite Lexinta Fund delays
Cellcast updated shareholders on the cashing in of an investment in the Lexinta Fund on Monday, having notified authorities that it - along with other investors - had not received payment as agreed.
Smith & Nephew launches robotic assistant for knee ops
Surgeons will be given robotic assistance to carry out knee-replacement operations more accurately and quickly after first trial procedures took place using Smith & Nephew's new Navio surgical system tools.
Ultra Electronics warns on FY revenue, CEO steps down
Ultra Electronics warned on revenue on Monday and said it expects a tougher second half, as it announced that Rakesh Sharma has stepped down as chief executive with immediate effect.
CH Bailey agrees conditional sale of Malta property
C H Bailey has announced the conditional sale of 16 Charles Street, Malta, for €1. 73m.
Frontier Smart Tech to power new JBL speakers
Digital audio device technology company Frontier Smart Technologies Group announced on Monday that its smart audio platform has been chosen by audio system and speaker manufacturer HARMAN International Industries to power its new JBL Control Xstream wireless speakers.
Telit Communications in talks with Richard Kilsby re possible appointment as chairman
AIM-listed Internet of Things provider Telit Communications confirmed on Monday that it is in discussions with Richard Kilsby regarding his possible appointment as chairman.
CYBG in discussions to acquire speciality lender Kensington - report
Challenger bank CYBG was in talks to buy speciality lender Kensington, according to a report on Monday.
Concepta confirms £600k order for myLotus meters
AIM-listed Concepta said on Monday that it has received formal confirmation of a £600,000 sales order for 5,200 of its myLotus fertility meters.
Mitie appoints second new CFO in nine months
Mitie Group has appointed ex-Virgin Active boss Paul Woolf as its new chief finance officer, with current CFO Sandip Mahajan, leaving the board and taking a newly created role at the company after less than 10 months in the job.
Zoo Digital swings to interim loss despite jump in revenues
Zoo Digital said on Monday that it swung to a loss in the first half despite a rise in revenues, as it invested in new staff and incurred higher costs of initial dubbing projects.