Lookers take-private deal back on the table after fresh £504m swoop July 27, 2023 Car seller Lookers looks set to become the latest firm to be plucked from London’s markets after its board announced a fresh £504m take-private deal after a previous offer collapsed last week.
S4 Capital plans £321m expansion as business is powered by post-pandemic rebound July 19, 2021 Sir Martin Sorrell’s advertising agency is booming, driven by the global economy post-pandemic rebound and transformations in digital marketing, S4 Capital said this morning. S4 Capital said it has secured a debt refinancing which will fund future expansion. With a continued rise in expectations, the company plans to continue its expansion in the 12 months [...]
Ocado faces investor calls to abandon London listing for New York April 21, 2024 Ocado has reportedly discussed with investors the possibility of moving its listing from London to New York in what would be yet another major blow to the capital's beleaguered bourse.
Euan Blair’s Multiverse quietly shelves school-leaver mission as growing pains set in October 25, 2023 Euan Blair’s educational technology firm Multiverse has quietly shelved its mission of getting school leavers into jobs in a restructuring which former employees claim has created a “cut-throat” culture of “fear” at the firm, City A.M. can reveal.
The D.A.R.E. Podcast – Successful Mindset Series – is now ‘in partnership with City A.M.’ March 12, 2024 The D.A.R.E. Podcast, after recently launching earlier this year, has now agreed to a partnership with City A.M.
Kate Middleton’s favourite maternity brand gears up for £61m IPO June 24, 2021 Seraphine, known for being Kate Middleton’s go-to maternity brand, is gearing up for a £61m float on the London Stock Exchange. The group, which will float on the main market of the LSE and is expected to IPO next month, intends to use approximately £16m of proceeds to repay its existing term loan and to [...]
UK high street faces shareholder backlash over low pay July 2, 2024 UK high street shops like Sainsbury’s, Marks & Spencer and JD Sports are facing a shareholder backlash after failing to commit to pay all their staff and third-party contractors a real living wage. Big financial names backing a campaign against low pay include LGIM, HSBC Asset Management, Aviva, and Scottish Widows. In total, the institutions [...]
Ex-M&S clothing boss Jill McDonald appointed as Costa CEO November 20, 2019 Costa Coffee has appointed former Halfords and Marks & Spencer executive Jill McDonald as its new chief executive, to replace outgoing boss Dominic Paul next month. The coffee chain, which was sold by Premier Inn owner Whitbread to Coca Cola at the beginning of the year, said Paul will set down on 30 November, with [...]
Who’s Who: Top ten earning FTSE 100 CEOs take home £89.5m August 19, 2021 A new report has revealed that the top ten earning FTSE 100 CEOs took home £89.5m between them in 2020. Pascal Soriot, the chief executive of AstraZeneca, topped the list taking home a healthy paycheck of £15.45m. The report, published by the High Pay Centre, noted that Soriot’s earnings were well above the average pay [...]
M&C Saatchi confirms profits in line with £31m expectations as it continues to snub away takeover bids June 30, 2022 M&C Saatchi have confirmed a strong trading momentum, with headline profit before tax in line with management’s expectations of £31m for the full year.