News And Announcements
Serco fined £23m over govt tagging contract fraud
Serco said it had agreed to pay a £19. 2m fine and £3. 7m in costs after overcharging the UK government on an electronic tagging contract.
Purplebricks losses widen; US exit confirmed
Online estate agent Purplebricks said on Wednesday that it will withdraw from the US as it reported a widening of its full-year losses.
Electrocomponents Q1 like-for-like revenue growth up 4%
Electrocomponents on Wednesday reported first quarter like-for-like revenue growth of 4% as continued strong growth in its industrial division more than offset an expected slowdown in electronics income.
Synthomer agrees to acquire Omnova Solutions
Speciality chemicals company Synthomer has agreed to acquire Omnova Solutions as part of a $473m deal aimed at strengthening its global footprint.
Smiths Group completes second pension buy-in with Canada Life
Smiths Group announced on Wednesday that the trustee of the Smiths Industries Pension Scheme has entered into a bulk annuity buy-in agreement with Canada Life.
Unite to buy Liberty Living in £1.4bn cash and share deal
Student accommodation provider Unite has agreed to buy Liberty Living from the Canada Pension Plan Investment Board (CPPIB) in a £1. 4bn cash and share deal.