News And Announcements
Anglo American rejects third and final takeover proposal from BHP
Anglo American said on Wednesday that it has rejected a third and final takeover proposal from Australia’s BHP which values the miner at £38. 6bn.
Cinven not planning to make an offer for Alpha Financial
Alpha Financial Markets tumbled on Wednesday as it said private equity firm Cinven is not planning to make an offer for the financial services company.
Niox trading in line with expectations
Asthma-focussed medical device company Niox said in an update on Wednesday that it continued to perform strongly in the year to date, meeting management expectations.
Anglo investor calls for 'meaningful' changes to BHP bid
A leading shareholder in Anglo American said on Wednesday that BHP Group’s blockbuster £34bn takeover offer required "meaningful revision".
Biogen to buy biotech Human Immunology Biosciences for up to $1.8bn
Biogen said on Wednesday that it has agreed to buy Human Immunology Biosciences (HI-Bio) for up to $1. 8bn.
Coventry reportedly finalising £780m Co-op Bank takeover
Coventry Building Society is in the final stages of negotiating a £780m takeover of the Co-operative Bank, it emerged on Wednesday, aiming to complete the deal within days to avoid complications under the UK Takeover Code.
ITV makes investment in online estate agent Purplebricks
Broadcaster ITV said on Wednesday that it has made an investment in online estate agent Strike, which trades as Purplebricks.
Idox flags solid first-half revenue growth
Information management software and geospatial data specialist Idox said in an update on Wednesday that it achieved revenue of around £43m in the first six months of the financial year, marking a year-on-year increase of over 20%.
China hints at tariff hikes for large car imports
China could raise import tariffs on large combustion engine cars, it was reported on Wednesday, weighing on the share price of European auto makers.
Jefferies cuts rating on Assura to 'hold'
Jefferies has trimmed both its rating and price target on Assura, the specialist UK property developer and investor.
Games Workshop names Elizabeth Harrison as group finance director
Miniature wargames manufacturer Games Workshop Group revealed on Wednesday that Elizabeth Harrison had been nominated to join its board as group finance director at its annual general meeting in September.
Empiric Student Property remains confident in FY outlook
Student accommodation provider Empiric Student Property reiterated its confidence in its full-year outlook on Wednesday, stating the business was now "poised for growth".
Raspberry Pi confirms London IPO
Computer maker Raspberry Pi confirmed on Wednesday that it plans to float on the London Stock Exchange, likely in June.
Ofcom fines BT £2.8m for knowingly breaching contract info rules
Ofcom announced on Wednesday that it has fined BT Group £2. 8m, for failing to provide more than one million customers with clear and essential contract information before signing up for services with its subsidiaries EE and Plusnet.
Coats Group returns to revenue growth
Industrial thread and footwear component manufacturer Coats Group reported a return to revenue growth for the period from 1 January to 30 April on Wednesday.
Close Brothers warns of higher full-year costs
Close Brothers Group reported a steady performance across its divisions in the third quarter on Wednesday, but warned of higher costs for the rest of the financial year.
HICL Infrastructure maintains dividend in tough market
HICL Infrastructure reported a challenging but resilient performance in a difficult macroeconomic environment in its annual results on Wednesday, as income fell to £105. 4m from £254. 2m year-on-year.
4Imprint starts year strongly, announces CFO retirement
Promotional products specialist 4imprint Group reported a strong operational and financial performance for the early part of 2024 on Wednesday, while also announcing the retirement of its chief financial officer.
Playtech confident despite recent betting challenges
Playtech reported a solid start to the year across its divisions in an update on Wednesday, despite some challenges around sports results.
IntegraFin reports record levels of funds under direction
Investment platform operator IntegraFin reported a strong financial and operational first half on Wednesday, with a record high level of funds under direction (FUD) on its Transact platform of £61bn on 31 March.