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News And Announcements
17 Jan
ep unilever
Unilever says GSK consumer arm 'strategic fit', flags restructure

Unilever on Monday maintained it was still keen to buy GSK's consumer healthcare arm, calling it a "strong strategic fit", despite having its latest £50bn offer rejected as it also flagged a restructure of the group later this month.

17 Jan
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Xpediator agrees lease of under-construction Netherlands warehouse

Freight management provider Xpediator announced on Monday that its subsidiary Delamode International Logistics has signed a 10-year lease for a new, purpose-built 180,000 square foot storage, fulfilment and distribution warehouse in Roosendaal, the Netherlands.

17 Jan
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Tavistock agrees £3.7m acquisition of Morgan Financial Group

Tavistock Investments has agreed to acquire the entire issued share capital of Morgan Financial Group, it announced on Monday, which it described as an independent financial advisory group with offices in Bath and Cheltenham.

17 Jan
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Vela puts £0.75m into integrated circuit company EnSilica

Technology investment company Vela has invested £0. 75m in EnSilica, it announced on Monday, which it described as a fabless semiconductor design business focused on custom mixed-signal application-specific integrated circuits (ASICs).

17 Jan
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Bens Creek starts delivering metallurgical coal ahead of plan

North America-focussed metallurgical coal miner Bens Creek Group announced on Monday that, following discussions with its offtake partner Integrity Coal Sales of New York, it had started the sale and delivery of metallurgical coal.

17 Jan
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Trellus Health upbeat on recent methodology research

Connected health management technology developer Trellus Health said on Monday that clinical research conducted by its co-founders Laurie Keefer and Marla Dubinsky had associated the ‘GRITT’, or ‘Gaining Resilience Through Transitions’. methodology with significantly lower healthcare utilisation, corticosteroid and opioid use in patients with inflammatory bowel disease (IBD).

17 Jan
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Inland Homes rises after court quashes Hillingdon review

Housebuilder and brownfield developer Inland Homes announced on Monday that the application by the London Borough of Hillingdon to seek a judicial review of the Mayor of London's decision to approve plans for 514 homes at Hillingdon Gardens had been quashed by the High Court.

17 Jan
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Bradley out, Smith in as Forward Partners finance chief

Investment company Forward Partners announced the appointment of Lloyd Smith as its chief financial officer on Monday, with effect from 21 March.

17 Jan
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Victoria gets £150m Koch investment after shareholder approval

Flooring designer, manufacturer and distributor Victoria announced on Monday that it has received the £150m investment from Koch Equity Development.

17 Jan
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Strong palm oil prices lift MP Evans in 2021

Indonesian palm oil producer MP Evans reported a 15% increase in crude palm oil production in 2021 on Monday, to 312,900 tonnes, while palm kernel production was 11% higher year-on-year at 67,100 tonnes.

17 Jan
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Amazon UK halts plan to stop accepting Visa

Amazon has halted plans to stop accepting Visa credit cards, the online giant confirmed on Monday, as the two sides edged close to agreement.

17 Jan
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Accounting watchdog widens probe into Babcock audits

The Financial Reporting Council has expanded its probe into the audits carried out by PricewaterhouseCoopers of Babcock International Group.

17 Jan
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ITV agrees £500m revolving credit facility linked to emissions targets

Broadcaster ITV said on Monday that it has agreed a new syndicated £500m revolving credit facility linked to its carbon emissions targets.

17 Jan
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Centrica pension cash used to buy stake in Israel's NSO - report

Centrica’s pension cash has been used to buy a stake in controversial Israeli firm NSO Group through a private equity fund, it was alleged on Monday.

17 Jan
M&G appoints Kathryn McLeland as CFO

Investment manager M&G said on Monday that it has appointed Kathryn McLeland as chief financial officer.

17 Jan
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Triton makes 'increased and final' 925p bid for Clinigen

Clinigen announced an increased and final all-cash offer from Triton of 925p per share on Monday.

17 Jan
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Chinese economic momentum eases as outlook cools

China reported a solid end to the year on Monday, with better-than-forecast economic growth, but the upbeat note was tempered after the central bank unexpectedly cut a key lending rate amid a weaker outlook.

17 Jan
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Endeavour Mining discovers record 3m ounces in 2021

Endeavour Mining announced the discovery of a record three million ounces of measured and indicated resources in 2021 on Monday, at a cost of $16 per ounce, exceeding its discovery target for the year of 2. 5 million ounces.

17 Jan
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Big Yellow returns to 'more normalised' third quarter trading

Big Yellow Group reported a 30% improvement in total revenue in its “seasonally weaker” third quarter on Monday, to £45. 2m, as like-for-like store revenue improved 13% to £38. 3m.

17 Jan
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Darktrace under attack from short seller ShadowFall - report

Shares of Darktrace slid on Monday following a report the cybersecurity firm has come under attack from short seller ShadowFall.