(Alliance News) - Just Eat Takeaway.com on Wednesday said it is exploring a partial or full sale of its Grubhub US food delivery unit, which it had bought less than two years ago. Read More
(Alliance News) - Stocks in Europe rallied on Friday, ending the week on the front foot, as investors prepare for the start of US earnings season, inflation readings from Germany, the US and UK and a rate decision from Europe's central bank in an action packed week. Read More
(Alliance News) - Stocks in London were mixed at midday on Thursday as minutes from the Federal Reserve's most recent meeting fuelled expectations of more aggressive US interest rate hikes. Read More
(Alliance News) - Stocks in London opened lower on Thursday following hawkish minutes from the US Federal Reserve, while mid-cap stock Countryside Partnerships fell sharply after issuing a profit warning. Read More
abrdn PLC - Edinburgh-based investment manager - Says shareholders approve acquisition of retail investment platform interactive investor. Just over 81% of voters back deal. Abrdn Chair Douglas Flint says: "We are delighted with the strong support shown by shareholders today in approving our acquisition of interactive investor. The deal transforms our personal vector, adding interactive investor's distinctive subscription based business model and incremental growth to an already successful and fast growing segment. We expect the transaction to complete before the mid-year, subject to completion of regulatory approval." Abrdn announces the GBP1.49 billion acquisition in December. Read More
XPS Pensions Group PLC - Reading, England-based pension consultancy - Enters strategic alliance with Edinburgh-based investment company and asset manager abrdn PLC. The alliance will launch a UK-defined benefit master trust in the second quarter of 2022. XPS will provide the actuarial and investment consulting, administration, secretarial and covenant services to the master trust. Read More
abrdn PLC - Edinburgh-based investment manager - Chief Financial Officer Stephanie Bruce buys 40,000 shares at 199.40 pence, worth GBP79,760, on Thursday. Also this week, Non-Executive Director Jonathan Asquith bought 50,865 shares, and Chief Executive Officer Stephen Bird bought 50,000 shares, following abrdn's annual results on Tuesday. Read More
