Company News
Palace Capital leases space to celebrity-backed yoga operator
Regional commercial property investment company Palace Capital has completed a 15-year lease for 12,800 square feet with Soo Yoga Group at its Sol Northampton leisure scheme, it announced on Tuesday.
Roche lymphoma treatment granted priority status by FDA
Roche announced on Tuesday that the US Food and Drug Administration (FDA) has accepted its Biologics License Application (BLA), and granted ‘Priority Review’ for polatuzumab vedotin in combination with bendamustine plus ‘Rituxan’ (rituximab) (BR) for the treatment of people with relapsed or refractory diffuse large B-cell lymphoma.
Phoenix Global Resources reports progress on Interoil demerger
Phoenix Global Resources updated shareholders on the Interoil demerger and cash distribution on Tuesday, confirming that IOX Investments (GuernseyCo) has completed the sale of the remaining Interoil shares it held, in respect of the exchangeable GuernseyCo shareholders who did not exercise their right to exchange exchangeable GuernseyCo shares for Interoil shares in the six-month exchange period.
Pelatro secures contract with Vietnamese telco
Marketing software provider Pelatro has been awarded a $1. 5m contract with Vietnamese mobile network operator Vinaphone for the supply of its mViva contextual marketing platform.
The Renewables Infrastructure Group ends year on a high
Renewable energy-focussed investment firm The Renewables Infrastructure Group issued its results for the year ended 31 December on Tuesday, reporting “strong” financial performance, with portfolio generation close to budget at 2,011GWh, up from 1,766GWh year-on-year.
InterContinental Hotels room revenues recover at year end
InterContinental Hotels reported a recovery in revenue per room in the fourth quarter of 2018, a year that saw the continued rapid expansion of its room network.
Spectris warns of moderating sales growth in 2019; Adjusted profits rise
Instrumentation maker Spectris said full year pre-tax profits fell 22% to £218m as it warned of moderating sales growth in 2019.
Manolete sees strong trading continue in 2019
Insolvency litigation financier Manolete Partners has seen the strong performance last year carry over into the first couple of months of 2019.
HML Holdings acquires London property management outfit
Property management service HML Holdings has acquired Blackheath-based outfit Residential Block Management Services in a deal worth as much as £844,000.
FirstGroup revenues rise 13.7% despite fall in bus passengers
Transport operator FirstGroup on Tuesday said revenues grew 13. 7% in the year to date as the company maintained its outlook for the full year.
Big Yellow adds two more London sites to portfolio
Big Yellow announced the acquisition of freehold sites in Wembley, North London and Kingston North in South West London on Tuesday.
Vegan sausage roll sees Greggs sales surge
Greggs made an “exceptionally strong” start to 2019, it announced on Tuesday, reporting that in the seven weeks to 16 February, total sales grew by 14. 1%, up from 6. 2% growth at the same time last year.
Go-Ahead Group buys Manchester bus depot in £11.17m deal
Go-Ahead Group has agreed terms with FirstGroup to purchase the Queen's Road bus depot, it announced on Tuesday.
Primary Health Properties in €11.4m Ireland care centre deal
Primary Health Properties said it would fund and buy a purpose built primary care centre in the Republic of Ireland for €11. 4m.
Cobham to take £160m hit from Boeing dispute
Aerospace engineer Cobham said it would take a £160m hit from its dispute with Boeing over the KC-46 aerial refuelling contract.
888 buys bingo portfolio for £18m
Online gambling firm 888 said was buying a portfolio of bingo brands from JPG Group's Jet for £18m.
BHP interims miss forecasts as profits fall 8%
Mining giant BHP on Tuesday reported an 8% fall in first-half profits on the back of lower copper earnings and production disruption.