Company News
Tuesday preview: Global manufacturing, Fed's Powell in focus
Financial markets' focus at the start of December will continue to be on global manufacturing sector conditions, with surveys covering activity in the US, UK and euro area during the month of November all due out.
Marlowe buys Wrightway Health for £3.5m
Specialist safety services company Marlowe has acquired Wrightway Health for an initial consideration of £3. 5m, it announced on Monday.
Eco Atlantic secures reissue of Namibia licences
Oil and gas exploration company Eco Atlantic has negotiated the reissue of its four licences in the Walvis Basin, offshore Namibia, it announced on Monday, conditional to the customary final government signature.
Director dealings: Michelmersh director makes share purchase
Michelmersh revealed on Monday that non-executive director Anthony Morris had acquired 22,658 ordinary shares in the xxx listed brick manufacturer.
Symphony Environmental receives positive antiviral tests
Symphony Environmental Technologies has received further successful test reports from the University of Campinas in Brazil, it announced on Monday, on its anti-viral nitrile gloves and polypropylene fabric facemasks, made with its ‘d2pAM’ antimicrobial technology.
EG Group eyes up Caffe Nero - report
The British billionaire brothers behind the £6. 8bn takeover of supermarket chain Asda are poised to swoop on coffee chain Caffe Nero, it was reported on Monday.
Philip Green's Arcadia rejects £50m loan offer from Frasers Group
Frasers Group, formerly Sports Direct, confirmed on Monday that Philip Green’s Arcadia retail group has rejected its offer of a lifeline loan of up to £50m.
Homeserve set to give up FTSE 100 spot to Pershing Square
Homeserve is set to drop out of the FTSE 100 on Wednesday after a brief stay as investors shift their bets from steady earners to undervalued shares with Covid-19 vaccines in the pipeline.
Curtis Bank hikes SIPP admin fees, updates on trading
Curtis Banks will up its SIPPs administration charges with effect from 2021, the provider said on Monday.
Sirius Real Estate to buy Nuremberg business park for €13.7m
Sirius Real Estate has agreed to buy a multi-tenanted business park in Nuremberg for €13. 7m (£12. 3m).
Rockhopper announces extension on Sea Lion farm-in
Oil exploration and production company Rockhopper updated the market on the previously announced farm-in to the Sea Lion project by Navitas Petroleum on Monday.
WH Ireland raises £5.3m to acquire financial advisory
Wealth manager WH Ireland raised gross proceeds of £5. 3m on Monday as it looked to acquire independent financial advisory Harpsden Wealth Management.
WANdisco wins $3m contract with large US telco
Data company WANdisco announced a contract worth $3m with “one of the world's largest telecommunications companies” on Monday, to migrate one of its on-premises data lakes to Microsoft Azure.
Intuitive Investments to seek initial public offering on AIM
Intuitive Investments Group is pursuing a flotation on the London Stock Exchange's AIM market to raise funds for its international expansion.
EasyJet flies in experts to deal with debt pile - report
Low-cost airline easyJet has reportedly engaged a firm of crisis experts as it attempts to refinance more than £1. 4bn of debt owed to taxpayers and lenders.
BAE wins £2.4bn UK munitions contract
BAE Systems has won a £2. 4bn contract to supply the UK government with munitions in a deal the company said would sustain about 4,000 British jobs.
Escape Hunt confirms reopening plans for England sites
Escape room experience operator Escape Hunt updated the market on its opening plans for the UK owner-operated estate on Monday, with the looming end of the second nationally-enforced England lockdown.
S&P Global to buy IHS Markit in $44bn deal
S&P Global has agreed to buy London-based IHS Markit in a deal that values the company at $44bn.
GardaWorld extends 'full and fair' offer for G4S
GardaWorld has extended its hostile £2. 9bn offer for G4S to mid-December and indicated it would not be pressured into raising its bid.
Barclays pledges power cut in green update
Barclays said it expected to cut the CO2 impact of its power portfolio by 30% by 2025 as the bank set out a series of measures to reduce its environmental impact.