News And Announcements
Daily Mail publisher under pressure to up bid for DMGT
The publisher of the Daily Mail has come under pressure to increase its £850m bid to take the company private as investors called the offer “opportunistic”.
Airbus wins freighter order with Air Lease Corp
Airbus on Monday said it had won a provisional debut order for seven A350 freighter jets from leasing company Air Lease Corp as it looked to cash in on the surging cargo market.
Eastern leg of HS2 rail link to be scrapped - reports
The government is reportedly poised to scrap the proposed eastern leg of the High Speed 2 rail link between the Midlands and Leeds.
McLaren looks to quash takeover rumours
McLaren Group has dismissed reports that it is to being sold to Audi, part of Germany's Volkswagen Group.
Casper Sleep to be taken private by Durational; shares surge
Casper Sleep has agreed to be bought by private equity firm Durational Capital Management, sending shares in the company surging.
Airtel Africa subsidiary receives approval to operate as a super agent
Telecommunications provider Airtel Africa said on Monday that its Airtel Mobile Commerce Nigeria subsidiary had been granted approval in principle by the Central Bank of Nigeria to operate as a super agent across the country.
Shell to move head office to the UK, drop dual share structure
Royal Dutch Shell is to overhaul its complex corporate structure, including shifting its headquarters to the UK and changing its name.
CMC Markets confirms 'exploring' possible breakup
Online financial trading group CMC Markets said it was looking at a possible separation of its leveraged and non-leveraged divisions in order to unlock shareholder value.
Deliveroo partners with French frozen food specialist Picard Groupe
Food delivery giant Deliveroo said on Monday that it will partner with French frozen food outfit Picard Groupe to offer express deliveries to customers across the European nation.
Cineworld revenues recovering amid 'excellent' film slate
Cineworld said on Monday that box office and concession revenues in October were at 90% of pre-Covid levels as "an excellent slate of films" drove a recovery.
Avast rallies as NortonLifeLock clears US regulatory hurdle
Avast surged on Monday after NortonLifeLock satisfied the US antitrust condition for its £6. 2bn acquisition of the London-listed cybersecurity firm.
Primary Health Properties buys West Sussex surgery for £5.3m.
Primary Health Properties, an investor in modern primary healthcare facilities, has bought the Bersted Green Surgery in West Sussex for £5. 34m.
Vistry chairman Ian Tyler to step down following AGM
Housebuilder Vistry said on Monday that chairman Ian Tyler will step down from the role at the group's annual general meeting in May 2022.
Ascential buys e-commerce software business WhyteSpyder
Ascential has bought WhyteSpyder, an e-commerce software and digital merchandising business which helps brands succeed on Walmart's digital marketplace, for an undisclosed sum.
Kainos H1 profit, revenue rise amid 'robust' demand
IT provider Kainos reported a jump in first-half profit and revenue on Monday amid "robust" market demand.
IMI buys Adaptas Solutions for $271m
Engineering group IMI said it was buying US firm Adaptas Solutions for $271m (£202m).
Wizz Air buys 102 Airbus A321 planes
European budget airline Wizz Air said it was buying 102 Airbus A321 aircraft for an undisclosed sum.
Serco lifts guidance but sees lower Covid-related work in 2022
Government outsourcer Serco on Monday lifted profits guidance after better-than-expected trading in Australia and the UK from Covid-related and other work.