London Southend Airport owner’s shares slump after demand to repay £200m loan early January 23, 2024 The owner of London Southend Airport is facing the potential of repaying a near-£200m loan early after being hit by new allegations.
Four Bills that will define the future of digital assets October 17, 2023 Mona El Isa analyses four specific regulation aspects that will shape how the world of digital assets will look in the future.
U-Turn: former LSE chief resigns from Russian firm amid backlash March 10, 2022 Xavier Rolet has bowed to pressure and resigned as chairman of PhosAgro, a company facing sanctions over its ties to the Russian government.
Made.com ditches talks with potential buyers as struggling firm desperately seeks rescue October 25, 2022 Beleaguered Made.com has said it has terminated talks with all potential buyers after no party could commit to a suitable timetable for rescue funding. The homeware retailer had been looking to shore up aggregate funding of around £45-70m over the next 18 months as a stand-alone public company. Consumers have pulled back on spending on [...]
Made.com receives non-binding proposals in rescue sale talks October 17, 2022 Made has said it has recieved “a number of” non-binding indicative proposals, as the online homeware retailer searches for a buyer amid tumbling sales. After reviewing the proposals, the board has invited” a select number of parties” to progress towards firm offers by the end of October, following a due diligence process, Made said on [...]
RBG Holdings shares plummet after professional services firm fires chief executive January 31, 2023 Shares in RBG Holdings today plummeted by more than nine per cent after the troubled professional services group said it had fired its chief executive. The AIM-listed professional services conglomerate said in a statement that its board has “lost confidence” in chief executive Nicola Foulston as it stated her “employment contract has been terminated with [...]
What could Shell and BP be worth across the pond? April 13, 2024 Ultimately, Shell and BP's future in London rides on how patient investors are willing to be.
Tories turn up the heat on Ofwat as Thames Water scrambles for £1bn in funds June 28, 2023 A front-bench member of the cabinet has raised concerns over the future of Thames Water, amid its desperate bid for funds from investors.
What do analysts think of BHP’s £31.1bn proposal for Anglo American? April 25, 2024 Though the proposal mandates divesting two of Anglo American's problem children, it appears BHP is fine with keeping diamond brand De Beers.
Sold! Irn-Bru owner snaps up Boost Drinks December 5, 2022 Beverage giant A.G. Barr has acquired energy drink maker Boost Drinks for an initial consideration of £20m. The Irn-Bru and Rubicon owner said it was acquiring Boost from its founder Simon Gray and his wife Alison, who will continue to lead the business. The London-listed drink firm said there was “significant potential” for additional growth [...]