News And Announcements
Weston family agrees £4bn sale of Selfridges Group
High-end department store chain Selfridges Group has sold for £4bn, it was reported on Thursday, to the privately-held Thailand conglomerate Central Group.
Deliveroo's Shu sells £47m of shares to pay tax
Deliveroo founder Will Shu has sold £47m of shares in the company to pay a tax bill.
BHP Group to unify corporate structure under Australian parent company
Iron ore company BHP Group has made a final board decision to unify its corporate structure under its Australian parent company, with the merger expected to be completed by the end of January 2022.
Wizz Air passenger numbers soar in November
Low-cost carrier Wizz Air revealed on Thursday that it had carried 2. 17m passengers in November as it continued to grow its network and improve its customer offering.
Strictly and Squid Games boost Digitalbox guidance
Digitalbox shares soared after the digital media group said annual results would beat expectations helped by interest in the TV shows Strictly Come Dancing and Squid Games.
Serco 2022 FY sales and profits seen lower as Covid-19 contracts ease back
Contractor Serco warned on Thursday that 2022 full-year sales and profits were likely to take be lower year-on-year as government Covid-19 test-and-trace contracts were expected to ease back in the new year.
Auction Technology earnings rise as it lifts 2022 forecast
Auction Technology reported revenue of £70. 1m in its full-year results on Thursday, making for a 34% increase year-on-year, with growth recorded in all six of its marketplaces.
RHI Magnesita secures €400m in new financing
RHI Magnesita said it had agreed €400m of new debt financing to pursue new acquisition opportunities.
Ryanair traffic drops on the month in November but load factor improves
Ryanair said on Thursday that traffic rose on the year but fell on the month in November, although the load factor improved.
Abrdn on verge of finalising £1.5bn takeover of Interactive Investor - report
Abrdn is reportedly on the verge of finalising a £1. 5bn takeover of Interactive Investor.
GSK says its Covid-19 treatment works on Omicron
GlaxoSmithKline said its treatment for Covid-19 was effective in treating all tested variants of the virus including key mutations of the Omicron strain.
Aston Martin CFO Kenneth Gregor to step down
Aston Martin Lagonda announced on Thursday that Kenneth Gregor will step down as chief financial officer and as an executive director no later than 30 June 2022, for personal reasons.
Shell launches $1.5bn buyback from Permian sale
Royal Dutch Shell has launched a $1. 5bn share buyback as the first stage of returning cash to shareholders from the sale of its Permian business in the US.