News And Announcements
GKN shareholders accept Melrose Industries' £8.1bn hostile bid
GKN shareholders have accepted turnaround specialist Melrose Industries' £8. 1bn bid for the engineer, ending a two-and-a-half month saga that has involved intervention from the government and countless tit-for-tat exchanges between the two companies.
Frank Field asks Ofwat if it can influence companies' dividends and pay
The chair of a powerful parliamentary committee has asked the water regulator whether it can influence dividends, executive pay and pension scheme funding at UK water companies.
New CEO set to start in June as Mediclinic shuffles deck
Private healthcare services group Mediclinic announced on Thursday that Ronnie van der Merwe will be installed as chief executive and an executive director from 1 June.
GlobalData agrees to buy Research Views in £90m deal
GlobalData announced on Thursday that it has conditionally agreed to acquire the entire issued share capital of Research Views, a company controlled by Michael Danson and Wayne Lloyd and other minority shareholders.
Modern Water enters new £0.5m, two-year loan facility
Water and wastewater treatment and water quality monitoring technology provider Modern Water has entered into a new £0. 5m two-year loan facility, it announced on Thursday.
Barclays settles with DoJ ahead of schedule, shares spike higher
Barclays has settled its long-running case with America's Department of Justice over its alleged conduct involving mortgage-backed securities in the run-up to the Great Financial Crisis ahead of schedule.
Elektron's Bulgin clinches deal with Arrow Electronics
Elektron Technology announced the signing of a global distribution agreement between its wholly-owned subsidiary Bulgin - a designer and manufacturer of market-leading ruggedised solutions and components - and Arrow Electronics on Thursday.
Iomart expecting another strong set of results
Cloud computing company iomart Group issued its pre-close trading statement for the year ending 31 March on Thursday, ahead of the announcement of its full year results.
Numis reports 'strong' first half ahead of interim numbers
Numis Corporation updated the market on its trading on Thursday, in respect of the six months ending 31 March.
Grant Thornton opts out of FTSE 350 audit bids
Grant Thornton has opted out of bidding for audit work for FTSE 350 companies in a move that could add to pressure for the recently proposed shake-up of an accountancy market dominated by four giant firms.
Conviviality calls in administrators, putting pub supplies at risk
Less than a month after drinks wholesaler and retailer Conviviality found a major error in its accounts, the Bargain Booze and Wine Rack owner said it plans to call in the administrators, putting supplies to pub customers such as JD Wetherspoon at risk.
NEX agrees takeover bid from Chicago's CME Group
NEX Group directors have agreed to a takeover by CME Group for 1,000p per share in cash and shares of the Chicago exchanges giant, a bid that analysts suggested could be big enough to deter any gatecrashing.
Airbnb to start sharing customer data with Chinese government
Airbnb will have to start sending information to the Chinese government on Friday about the people booking accomodation in China.
CMC Markets hails 'strong' final quarter trading
CMC Markets said on Thursday that trading remained strong throughout the final quarter of the year, with net operating income for the second half expected to be "moderately" higher than the first half and up "significantly" on the previous year.
Renault revs up on report of possible merger with Nissan
Renault shares revved up on Thursday fuelled by reports the company is in merger negotiations with Japan's Nissan.
QinetiQ agrees interim pricing deal with MoD
QinetiQ said it agreed an interim pricing deal with the Ministry of Defence for its biggest contract while the two sides negotiate how much the company will charge to manage 15 sites.
BT landline-only customers to get phone bill discount from Sunday
BT customers who have only a landline, without any broadband , will see their monthly phone bill cut by £7 from Sunday, following an intervention by Ofcom.
Hikma subsidiary launches palonosetron injection in the US
Hikma Pharmaceuticals announced on Thursday that its wholly-owned US subsidiary West-Ward Pharmaceuticals has launched the palonosetron hydrochloride injection at 0. 25mg/2mL.
SSE lifts 2018 EPS guidance
Gas and electricity supplier SSE upped its guidance for adjusted earnings per share on Thursday.
BGEO's Bank of Georgia signs GEL 75m loan agreement
BGEO Group announced on Thursday that its banking subsidiary, JSC Bank of Georgia, has signed a GEL 75m (£22. 06m) loan agreement with the Black Sea Trade and Development Bank, with tranches up to five years duration.