News And Announcements
HSBC to put loss-making French retail bank on the auction block
HSBC is preparing to put its loss-making French retail lender on the auction block.
LSE to consider £29.6bn Hong Kong Exchanges offer; analysts sceptical
London Stock Exchange said on Wednesday that it will consider an "unsolicited, preliminary and highly conditional" £29. 6bn takeover offer from Hong Kong Exchanges and Clearing, as analysts expressed doubts that a deal would occur.
Sports Direct shareholders approve Ashley's re-election to the board
Sports Direct shareholders voted in favour of founder Mike Ashley's re-election to the board at an annual meeting on Wednesday.
S4 Capital on course to double business size by 2021
Martin Sorrell's S4 Capital said on Wednesday that it was on course to double in size by 2021 as it reported a jump in first-half revenues and billings.
Chemring backs FY expectations, secures four new contracts
Chemring backed its full-year expectations on Wednesday as it said that its US subsidiary has won four new contracts.
Crest Nicholson names former Tate & Lyle CEO as chairman
British housebuilder Crest Nicholson named former Tate & Lyle chief executive Iain Ferguson as its next chairman on Wednesday, taking over from Stephen Stone.
Galliford Try profits slide after construction contract write-downs
Galliford Try on Wednesday reported a fall in annual profit and revenue as its results were impacted by a drop in completions from its Linden Homes unit, while contract write-downs hit construction operations.
Capital & Regional in talks with Growthpoint over majority stake acquisition
Real estate investment trust Capital & Regional said on Wednesday that it is in talks with South Africa's Growthpoint Properties about the acquisition of a majority stake in the UK company through a partial offer.
Mitie CFO Woolf resigns to take up new job at CPA Global
Outsourcer Mitie has announced the resignation of chief financial officer Paul Woolf, who has been appointed as the new CFO of intellectual property management company CPA Global.
US court rules on damages for Genus technology infringements
Genus on Wednesday said a US court had ruled on damages over infringement of two bull semen sexing patents sold by ABS Global under the Intelligen brand.
Biffa first half in line with expectations, FY outlook unchanged
Waste management company Biffa said on Wednesday that its full-year outlook was unchanged, with trading in the first half of the year in line with the board's expectations.
Legal & General agrees £35m buyout of Edwards Wildman pension scheme
Legal & General said on Wednesday that it has agreed to buy out US law firm Edwards Wildman Palmer's UK pension scheme for around £35m.
Man Group president Jonathan Sorrell steps down
FTSE 250 hedge fund manager Man Group said on Wednesday that president and executive director Jonathan Sorrell is stepping down to take on a new role outside the company.
Unite confident over rental growth as CMA kicks off acquisition probe
Student accommodation provider Unite said on Wednesday that it remains confident of delivering its rental growth targets for the next couple of years, as the Competition and Markets Authority confirmed the start of a phase 1 probe into its proposed £1. 4bn acquisition of rival Liberty Living.
Inchcape sells three Australian sites for £63m
Auto distributor Inchcape said it was selling three retail sites in Australia to Sime Darby Motors for £63m.
Serco wins extension to Australian immigration detention contract
Serco on Wednesday secured a two-year extension to a contract with the Australian government through which its subsidiary will continue to provide services at immigration detention facilities.