Company News
Clinigen FY organic revenue growth at top end of guidance
Pharmaceutical products and services firm Clinigen said on Tuesday that full-year organic revenue growth would be at the upper end of previous guidance, driven by growth in both its services and product units.
Eurozone inflation rebounds sharply in January
Eurozone inflation rebounded in January, according to official data released on Tuesday, ending months of falling prices.
Phoenix Group to acquire full ownership of Standard Life brand
Phoenix Group has entered into a new binding agreement with Standard Life Aberdeen, it announced on Tuesday, which will see it sell its SLAL UK investment and platform-related products to Standard Life Aberdeen, and acquire ownership of the Standard Life brand.
McBride cleans up as Covid-19 bolsters demand
McBride reported a surge in interim profits on Tuesday, boosted by ongoing demand for cleaning products during the Covid-19 pandemic.
Frasers to book £100m impairment charge as it awaits reopening
Mike Ashley’s Frasers Group said on Tuesday that it expects to book a non-cash impairment charge in excess of £100m on its assets as its stores remain closed until mid-April.
HICL Infrastructure on track to meet dividend target
HICL Infrastructure said on Tuesday it remained on track to deliver its targeted full-year dividend, despite the impact of the Covid-19 pandemic.
Carnival launches $1.0bn public offering
Cruise operator Carnival has launched an underwritten public offering of $1. 0bn-worth of shares of common stock in order to fund general corporate purposes.
InterContinental Hotels swings to full-year loss
InterContinental Hotels has tumbled into the red and scrapped its final dividend after what it called the most challenging year in its history.
Allied Universal declares £3.8bn bid for G4S final
Allied Universal said its offer for rival G4S had become final after Canada’s GardaWorld on Monday declared it would not raise its own bid for the UK security firm.
Aviva to sell French business to Aema for €3.2bn
Aviva has agreed to sell its French business to Aema Groupe for €3. 2bn in cash as it looks to focus on its strongest businesses in the UK, Ireland and Canada.