News And Announcements
Versarien signs agreement with Luxus
AIM-listed advanced materials engineering group Versarien has signed an agreement with Luxus to develop a UK graphene enhanced polymer supply chain to enable the production in volume of graphene enhanced plastics.
CMA 'likely' to review Sainsbury's Asda merger
Sainsbury's proposed merger with Asda is "likely" to be referred to a review, the UK competition watchdog said on Monday.
AccorHotels to buy Movenpick Hotels & Resorts for CHF560m
AccorHotels has agreed to buy Movenpick Hotels & Resorts for CHF560m in cash in a deal that is expected to be accretive to group earnings from the first year.
Rank appoints former Ladbrokes executive John O'Reilly as CEO
FTSE 250 gambling company Rank Group has appointed former Ladbrokes executive John O'Reilly as chief executive officer with effect from 7 May, succeeding Henry Birch.
HICL Infrastructure selling Highland Schools Project for £56m
Listed infrastructure investment company HICL Infrastructure Company announced on Monday that it has entered into an agreement to divest its 100% equity and subordinated debt interest in the Highland Schools PPP2 Project for £56. 2m.
RBS completes ring-fencing of retail, investment arms
Royal Bank of Scotland (RBS) on Monday said the ring-fencing of its retail banking operations had been implemented.
Sports Direct reveals stakes in Iconic Brand Group, Finish Line
Mike Ashley's Sports Direct disclosed two US strategic investments on Monday.
Aviva to make goodwill payment after preference share fiasco
Aviva and General Accident announced on Monday that they will offer a discretionary goodwill payment to shareholders who sold preference shares in the period from 8 to 22 March.
Old Mutual trading in line, Quilter cash flow up 14% in Q1
Anglo-South African financial services group Old Mutual said on Monday that its businesses continue to trade in line with the expectations outlined in its results back in March.
Randgold says Tongon mine output hit by industrial disputes
Randgold said industrial disputes at its Tongon gold mine in Côte d'Ivoire would hit 2018 production guidance of 290,000 ounces although it was making efforts to recover lost output.