News And Announcements
Drax appoints new non-executive director
British electrical power generation company Drax Group added Vanessa Simms to its board on Wednesday, tapping her to fill the seat set to be left vacant when current audit committee chair, David Lindsell, stands down next year.
Shell completes disposal of last Petronas LNG asset
Shell Gas Holdings, a subsidiary of Anglo-Dutch multinational oil and gas behemoth Royal Dutch Shell, has completed the sale of its 15% shareholding in Malaysia LNG Tiga to the Sarawak State Financial Secretary for $750m.
Mears says housing revenue stabilises after Grenfell fire checks
Mears Group said revenue at its housing division had stabilised after clients delayed work following the Grenfell Tower fire.
JCDecaux makes AUD1.1bn bid for Australia’s APN Outdoor Group
Outdoor advertising company JCDecaux has made an indicative and non-binding proposal to buy Australian advertising services provider APN Outdoor Group for AUD1. 1bn.
HSS Hire successfully refinances debt
Tool and equipment hire firm HSS Hire said on Wednesday that it has successfully refinanced its existing corporate debt.
Sirius Minerals signs offtake agreement with ITL Trading
Sirius Minerals announced the signing of a binding take-or-pay offtake agreement to supply POLY4 to Intercontinental Trade DMCC Dubai (ITL Trading).
Sports Direct disposes of Finish Line stake, nabs more Iconix shares
FTSE 250 retailer Sports Direct International has disposed of its stake in US sportswear retailer Finish Line.
Legal & General sees strong profit growth at investment arm
Legal & General said it expects its asset management division to increase profit by up to 10% a year in normal markets.
British Land leases more property
British Land said 63% of the estimated rental value of properties were let or under offer across its total development pipeline, up from 55% at the time of its March year-end.
LondonMetric buys 10 single-let properties for £55m
LondonMetric Property announced the acquisition on Wednesday of ten single-let properties for £55m from the ACT Foundation.