The FTSE 100 stocks that have turned £100 into £30k over the past 40 years Markets As the FTSE 100 celebrates its fortieth birthday, City A.M. looks back at what invested should have invested in when the index first launched in 1984.
Reed Elsevier to buy security software group PUBLISHING firm Reed Elsevier is on the verge of acquiring French anti-money laundering software company FircoSoft after entering into exclusive talks with the group yesterday. Fircosoft, which makes anti-money laundering and sanctions compliance programmes for banks, is co-owned by Rothschild holding company Paris Orleans and buyout group Keensight Capital. A bid could be in the [...]
Reed Elsevier leads the FTSE 100 as profits soar EUROPE’S largest media group Reed Elsevier yesterday said it expected another strong year of underlying revenue, profit and earnings growth after demand for exhibitions and financial news helped it to beat profit forecasts during the first half of the year. Anglo-Dutch Reed, which has a market valuation of around £20.9bn, led the FTSE 100 risers [...]
Reed Elsevier sells construction data arm to Warburg Pincus July 21, 2014 BRITAIN’S biggest media group Reed Elsevier will today announce the sale of a 51 per cent stake in Reed Construction Data, its North American construction information business, to US private equity fund Warburg Pincus. The disposal comes as part of the restructuring of the FTSE 100-listed firm’s Business Information division which has seen it sell [...]
Reed Elsevier buys Wunelli to beef up its telematics business May 20, 2014 INFORMATION services group Reed Elsevier has bought UK-based Wunelli, a telematics provider, in a deal thought to be worth around £25m. Telematics, the practice of sending data about drivers to an insurance company to calculate an accurate personal premium, is growing in popularity in the UK. Reed acquired the company in a bid to beef [...]
Centrica finance chief leaves for Reed Elsevier January 7, 2014 CENTRICA finance director Nick Luff will depart the company this year to join information group Reed Elsevier, leaving Britain’s biggest household energy supplier in the midst of a political row over rising bills. Energy costs have become a big political issue in recent months, leading to intense scrutiny of utility companies like Centrica, after Ed [...]
Crispin Davis set to retire as Reed CEO July 14, 2008 Publishing giant Reed Elsevier has begun searching for a successor to replace chief executive Sir Crispin Davis –one of the longest serving FTSE 100 bosses– when he steps down next year. Headhunter Anna Mann has been recruited to find a replacement from a mix of both internal and external candidates. Davis, who turns 60 this [...]