Archive

Renewi agrees takeover by Macquarie, shares jump

Thu 13 February 2025 12:27

(Sharecast News) - Waste management firm Renewi shot higher on Thursday as it agreed to be bought by Australian investment firm Macquarie Asset Management in a £707m deal.

LBG Media finance chief permanently steps down

Thu 13 February 2025 11:25

(Sharecast News) - Online content publisher LBG Media confirmed on Thursday that chief financial officer Richard Jarvis has stepped down and left the business with immediate effect.

Thruvision still seeking suitor as it slashes revenue guidance

Thu 13 February 2025 10:42

(Sharecast News) - Security scanning technology specialist Thruvision lowered its revenue guidance for the financial year ending 31 March on Thursday, as key contract opportunities were now expected to start in the next financial year.

Commerzbank to cut 3,900 jobs, lift targets in bid to fend off UniCredit

Thu 13 February 2025 10:29

(Sharecast News) - German lender Commerzbank is slashing almost 4,000 jobs and lifting financial targets as it moves to repel takeover moves from Italy's UniCredit.

Acquisition of Learning Technologies clears all regulatory hurdles

Thu 13 February 2025 10:24

(Sharecast News) - Learning Technologies Group updated the market on its acquisition by Leopard UK Bidco on Thursday, reporting that all necessary regulatory clearances had been received.

Vistry rallies as US hedge fund Abrams Capital ups stake

Thu 13 February 2025 10:07

(Sharecast News) - Vistry shares sparked on Thursday as it revealed that US hedge fund Abrams Capital Management has lifted its stake in the housebuilder to 10.2% from 8.2%.

Friday preview: Munich Security Conference, US retail sales in focus

Thu 13 February 2025 10:06

(Sharecast News) - All eyes at the end of the week will be on the Munich Security Conference, at which the US is expected to unveil further details regarding the agreed start of talks between Washington, Ukraine and Moscow.

Renishaw shares slide despite first-half growth

Thu 13 February 2025 09:40

(Sharecast News) - Renishaw shares were sliding on Thursday morning, even after it delivered a modest increase in revenue for the first half of its financial year on Thursday, reporting a 3% rise to £341.4m.

Great Portland Estates inks four new fully managed leasing deals

Thu 13 February 2025 09:17

(Sharecast News) - Property developer Great Portland Estates has inked four new fully managed leasing deals at its 201,000-square-foot Piccadilly Estate in West London.

Tate & Lyle set for low-end earnings growth after CP Kelco acquisition

Thu 13 February 2025 08:39

(Sharecast News) - Tate & Lyle reported third quarter volume and EBITDA growth in an update on Thursday, despite a decline in revenue before accounting for its acquisition of CP Kelco, although it said full-year earnings growth was now expected to be at t