Archive

🏛️ Barclays are Back

🏛️ Barclays are Back

The British bank smashed analyst estimates for Q1, Unilever hiked prices, AstraZeneca’s sales jumped despite a near zero-ing of Covid-treatment sales and US GDP growth flatlined in Q1.

🥴 CMA Spoils Microsoft's Party

🥴 CMA Spoils Microsoft's Party

The CMA ruled against Microsoft’s $75bn acquisition of Call of Duty owner Activision, London’s exodus was back on the agenda as both CRH and Flutter prepare to move, and Standard Chartered looked beyond recent banking sector stress to post a positive Q1 market update.

📉 Inflation Takes a Bite out of AB Foods' Profit

📉 Inflation Takes a Bite out of AB Foods' Profit

Primark's owner saw profits dip in Q1, figures revealed the government borrowed a lot less than expected last year, a slump in house building weighed on Travis Perkins’ Q1 results, and British American Tobacco are forced to cough up $635m in fines over North Korean activities.

👋 London Bids Farewell To Another Takeover Target

👋 London Bids Farewell To Another Takeover Target

Medica Group was snapped up by IK Partners in a £269m deal, Rightmove reported a relatively resilient housing market during April and the former Chief Economist at the BoE thinks we should pause rate hikes.

🌱 UK Economy More Resilient Than We Thought?

🌱 UK Economy More Resilient Than We Thought?

Private sector activity and consumer confidence data pointed to a potentially more stable economy than expected, Canada’s Brookfield joined the bidding race for Network International and Glencore’s shares slipped after its Q1 trading update.

📝 Another UK PLC Looks Set To Go Private

📝 Another UK PLC Looks Set To Go Private

Listed technology business Kape got a final offer from Teddy Sagi, Deliveroo revenues remained robust despite falling orders, Virgin Media O2 looks to raise funds with tower sale and there’s another potential private equity bid incoming.

📈 Inflation Isn't Going Anywhere

📈 Inflation Isn't Going Anywhere

UK inflation remained stubbornly high in March due to food and recreation prices, average UK house prices fell for the third straight month and Lidl overcame Tesco in a logo legal battle.

💊 GSK goes hunting in Canada

💊 GSK goes hunting in Canada

GlaxoSmithKline agreed a $2bn deal to acquire Bellus Health, mixed data on UK wages gave Andrew Bailey & Co something to chew on and airliner EasyJet predict a return to pre-pandemic capacity by the summer.

💸 PE Continues Raid on UK Markets

💸 PE Continues Raid on UK Markets

Another large UK company a targeted by a PE bidder, Network International shares jump after CVC/Francisco Partners’ possible deal value is announced, John Wood Group’s Board cave to shareholder pressure and engage with Apollo and Page Group echoes earlier warnings over health of hiring market.

🏛️ Co-op Bank Up For Sale

🏛️ Co-op Bank Up For Sale

Co-op Bank’s hedge fund owners consider exit options, PE megafund Carlyle emerged as a potential Manchester United investor and William Hill owner 888’s shares surged after a positive update for markets.

🦅 Private Equity Circles UK Markets

🦅 Private Equity Circles UK Markets

London-listed stocks are back in focus for PE funds, Marex becomes the latest company to potentially overlook the London Stock Exchange and China posted enormous export growth for March.

💼 People Are Going Back to Work

💼 People Are Going Back to Work

UK labour market tightness showed signs of easing, Raspberry Pi strengthened ties with Sony following a strategic investment and BoE governor Bailey hinted at increasing the £85k deposit insurance limit.

FirstBack
123456
Next Last