News And Announcements
Cineworld makes move for US cinema theatre chain Regal
UK cinema chain Cineworld Group is poised to make a $3. 07bn (£2. 3bn) offer for the second largest chain in the US, Regal Entertainment.
Acquisitions drive RPC to 25th year of interim growth
Plastic products design and engineering company RPC Group reported first-half revenue growth of 53% to £1. 88bn on Wednesday, which the board said reflected the contribution from acquisitions, organic growth, polymer price tailwinds and translation benefits from foreign exchange movements.
ZPG buys Dutch valuation firm Calcasa in £27m deal
Property and household-related digital brands owner ZPG has agreed to acquire Netherlands-based automated property valuation and statistical market analysis firm Calcasa for €30m (£26. 5m), it announced on Wednesday, on a cash-free, debt-free basis.
Acquisitions boost ZPG to solid full-year numbers
Home-related digital platforms operator ZPG posted a 24% improvement in revenue in its full-year results on Wednesday, as it recorded record traffic of 648 million visits to its platform, generating another record of more than 56 million partner leads.
International PP to raise £80m to pay down debt
International Public Partnerships has begun to raise £80m to pay down debt after its recent investments in Australian rolling stock and ahead of further spending on UK offshore electricity transmission.
Cost savings drive first-half growth at Pennon
Pennon Group reported a 5. 6% uplift in its first-half revenue on Wednesday, to £723. 9m, with its board claiming higher water revenues were driven by customer demand.
DfT to extend FirstGroup's Great Western franchise
FirstGroup welcomed a new strategic vision for the Great Western rail network from the Department for Transport on Wednesday, with the DfT confirming it would exercise its option to extend First’s franchise in the region by one year, to 1 April 2020.
Tullow Oil secures $2.5bn of debt refinancing
Tullow Oil said on Wednesday that it has secured $2. 5bn of debt refinancing.
Xavier Rolet leaves London Stock Exchange with immediate effect
London Stock Exchange said chief executive Xavier Rolet had left the company after weeks of wrangling over the terms of his departure.
Softcat hails good start to year, says demand still strong
Softcat hailed a solid start to the year on Wednesday as it reiterated its full-year expectations.