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Cinven pulls out of race for UK's Sanne
Private equity firm Cinven has pulled out of the£1. 5bn race to buy UK British asset management services provider Sanne, paving the way for a takeover by US-based fund servicer Apex Group.
Canaccord Genuity raises target price on Eurocell
Analysts at Canaccord Genuity raised their target price on building supplies retailer Eurocell from 310. 0p to 330. 0p on Friday, citing recent strong trading and investments made into growth.
Citi reiterates 'buy' on Polymetal
Citi reiterated its ‘buy’ rating on Polymetal on Friday as it said the investment case is getting back on track.
Growth in UK services sector hits six-month low in August
Growth in the UK services sector eased in August to its slowest pace since March amid supply chain and staff issues, according to a survey released on Friday.
Petrofac secures $100m contract with Libya Oil & Gas
Petrofac has secured a contract valued at more than $100m with Zallaf Libya Oil & Gas Exploration and Production Company, to deliver the Erawin Field Development Project Phase 1 early production facilities.
Circle Property disposes of 135 Aztec West property for £3.96m
Real estate investor Circle Property said on Friday that it had disposed of its 135 Aztec West asset in Bristol to Assure Aspire for £3. 96m.
Mediclinic agrees to procure renewable electricity
Private healthcare services group Mediclinic has struck a deal that will see it procure renewable electricity.
Discoverie raises £55m in placing to help fund acquisitions
Discoverie said on Friday that it has raised £55m in a placing to help fund two acquisitions.
Europe open: Shares slip ahead of US payroll data
European stocks were lower in early trade on Friday ahead of US non-farm payroll numbers.
Sage to launch another £300m share buyback
Software firm Sage will commence a share buyback programme of up to another £300. 0m, following completion of its current £300. 0m programme announced in March.
Asia report: Japan shares rally on Suga resignation
Asian shares finished the week mixed as investors waited on US employment data later on Friday.
China's services sector contracts in August - Caixin
China’s services sector contracted in August amid restrictions to curb the Delta variant of Covid-19, according to data released on Friday.
London open: Stocks steady ahead of payrolls report
London stocks were steady in early trade on Friday as investors kept their powder dry ahead of the US non-farm payrolls report.
Barbara Jeremiah to succeed Charles Berry as Weir chair
Weir Group said on Friday that Charles Berry will retire as chairman after the annual meeting in April 2022, having done a full nine-year term, with Barbara Jeremiah set to take over.
EU approves AstraZeneca blood disorder treatment for children
AstraZeneca said its Ultomiris blood disorder treatment has been approved in the European Union for expanded use to include children and adolescents.
Ashmore AuM grow 13% amid positive investment performance
Emerging markets asset manager Ashmore posted a jump in full-year assets under management on Friday as it benefited from a positive investment performance as economic activity picks up.
LondonMetric Property sells grocery building for £10.2m, Ashmore FY AuM grow
London open The FTSE 100 was called to open unchanged at 7,164.
Berkeley sees higher costs, supply chain issues
UK house builder Berkeley Group on Friday said it was experiencing construction cost inflation and “mindful of ongoing supply chain and labour market issues due to Brexit and the pandemic”.
London pre-open: Stocks seen flat ahead of payrolls report
London stocks were set for a flat open on Friday as investors err on the side of caution ahead of the release of the US non-farm payrolls report.
LondonMetric sells Liverpool building for £10.2m
LondonMetric Property on Friday said it had sold a grocery building in Liverpool for £10. 2m.