News Archive
Anglo American rejects third and final takeover offer from BHP
22nd May 2024 14:55
(Sharecast News) - Anglo American said on Wednesday that it has rejected a third and final takeover proposal from Australia's BHP which values the miner at £38.6bn.
Read moreAnglo American rejects third and final takeover offer from BHP
22nd May 2024 14:49
(Sharecast News) - Anglo American said on Wednesday that it has rejected a third and final takeover proposal from Australia's BHP which values the miner at £38.6bn.
Read moreCinven not planning to make an offer for Alpha Financial
22nd May 2024 14:30
(Sharecast News) - Alpha Financial Markets tumbled on Wednesday as it said private equity firm Cinven is not planning to make an offer for the financial services company.
Read moreBiogen to buy biotech Human Immunology Biosciences for up to $1.8bn
22nd May 2024 13:33
(Sharecast News) - Biogen said on Wednesday that it has agreed to buy Human Immunology Biosciences (HI-Bio) for up to $1.8bn.
Read moreIdox flags solid first-half revenue growth
22nd May 2024 13:06
(Sharecast News) - Information management software and geospatial data specialist Idox said in an update on Wednesday that it achieved revenue of around £43m in the first six months of the financial year, marking a year-on-year increase of over 20%.
Read moreCoventry reportedly finalising £780m Co-op Bank takeover
22nd May 2024 13:01
(Sharecast News) - Coventry Building Society is in the final stages of negotiating a £780m takeover of the Co-operative Bank, it emerged on Wednesday, aiming to complete the deal within days to avoid complications under the UK Takeover Code.
Read moreITV makes investment in online estate agent Purplebricks
22nd May 2024 12:46
(Sharecast News) - Broadcaster ITV said on Wednesday that it has made an investment in online estate agent Strike, which trades as Purplebricks.
Read moreBerenberg re-initiates coverage of Weir at 'buy'
22nd May 2024 12:24
(Sharecast News) - Berenberg re-initiated coverage of Weir Group on Wednesday with a 'buy' rating and 2,600p price target as it argued the engineering firm is a "structural winner".
Read moreAnglo investor calls for 'meaningful' changes to BHP bid
22nd May 2024 12:19
(Sharecast News) - A leading shareholder in Anglo American said on Wednesday that BHP Group's blockbuster £34bn takeover offer required "meaningful revision".
Read moreOaktree Capital takes ownership of Inter Milan following €395m default
22nd May 2024 11:50
(Sharecast News) - US investment fund Oaktree Capital revealed it has become the new owner of Italian football champions Inter Milan after the club's holding company defaulted on a €395.0m payment.
Read moreUS pre-open: Futures in the red ahead of Nvidia earnings, Fed minutes
22nd May 2024 11:23
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday as investors look ahead to earnings from chipmaker Nvidia after the close.
Read moreZenova named as official NHS supplier
22nd May 2024 11:22
(Sharecast News) - Fire safety business Zenova said on Wednesday that it has been appointed as an official supplier to the NHS for its FX range of extinguishers, with an initial order already being shipped.
Read moreChina hints at tariff hikes for large car imports
22nd May 2024 11:15
(Sharecast News) - China could raise import tariffs on large combustion engine cars, it was reported on Wednesday, weighing on the share price of European auto makers.
Read moreSondrel names John Chubb as next CEO
22nd May 2024 11:13
(Sharecast News) - Turnkey services provider Sondrel revealed on Wednesday that John Chubb had been nominated as chief executive officer-designate, succeeding interim CEO David Mitchard.
Read moreLondon midday: Stocks down as inflation data dents rate cut hopes
22nd May 2024 11:03
(Sharecast News) - London stocks were off earlier lows but still in the red by midday on Wednesday as data showed that inflation fell less than expected in April, dashing hopes of a summer rate cut.
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