Company News
AstraZeneca sells stake in Moderna for $1.2bn
AstraZeneca has cashed in on its bet on Moderna, it was revealed on Monday, as the latter’s share price rocketed on the success of its Covid-19 vaccine.
Experian could face £34bn damages for data misuse - report
Experian could be landed with a £34bn damages bill if a legal claim against the company is successful, the Mail on Sunday reported.
Energean announces $2.5bn note offer to pay down, replace debt
Energean announced its intention to offer $2. 5bn in senior secured notes on Monday, to repay debt, replace existing available credit, and to fund certain reserve accounts.
UKCM sells Sheffield office asset for £17m
UK Commercial Property REIT (UKCM) announced the sale of Hartshead House, a single-let office investment in Sheffield, to Arella Property Holding on Monday, for £17m.
Polymetal upbeat on growth in ore reserves
Polymetal reported a 10% increase in its group ore reserves in 2020 on Monday, to 27. 9 million ounces of gold equivalent, which was driven by initial ore reserve estimates at East Bakyrchik, Prognoz, and Pesherny.
Halfords reports trading stronger than expected
Halfords said trading was stronger than it had expected as its Autocentre garage business registered strong demand.
HICL sells London police station PPP interests for £27m
Infrastructure investment company HICL said it sold its interests in the South East London police stations public-private public private partnership project for £27m.
Electrocomponents acquiring PPE firm Liscombe in £11m deal
Electrocomponents announced the acquisition of industrial safety and personal protective equipment supplier John Liscombe on Monday, for £11m on a cash-free, debt-free basis.
BT chairman Jan du Plessis to step down
BT Group said on Monday that Jan du Plessis plans to retire as chairman this year once a successor has been appointed.
Morrisons extends wholesale supply deal with McColl's
Supermarket chain Morrisons on Monday said it had extended a wholesale supply agreement with UK convenience store chain McColl's Retail.
Entain lifts offer for Sweden's Enlabs
Ladbrokes owner Entain raised its offer for Swedish rival Enlabs to SEK53 from SEK40 and said this will be its final offer.
Aggreko unveils final dividend as markets recover
Aggreko announced a final dividend as the power generator supplier said its markets were recovering after reporting an annual loss.
Bunzl delivers rise in FY profits on Covid safety product sales
Distribution group Bunzl reported a rise in annual profit and increased its dividend as deliveries of Covid safety equipment offset a fall in business from the food and retail sectors.