(Alliance News) - Stock prices in London opened mostly in the red on Thursday, with US markets closed for Juneteenth and all eyes on the Bank of England's interest rate decision. Read More
(Alliance News) - Frasers Group PLC on Thursday cooled its takeover interest in Revolution Beauty Group PLC. Read More
(Alliance News) - The FTSE 100 was called to open lower on Thursday, ahead of the Bank of England's interest rate decision at midday London time. Read More
Revolution Beauty Group PLC - London-based cosmetics retailer - Receives takeover proposals from "a number of parties", to whom further access to due diligence materials may be granted. At the same time, the company is speaking to shareholders about an equity raise. It says it also is "making encouraging progress on its cost structure and go-to-market strategy". The update on the formal sale process that the company started in May follows confirmation by larger retailer Frasers Group PLC that it is taking part in the sale process and is considering an all-cash takeover offer. Frasers has a 29% stake in fast fashion retailer boohoo Group PLC, which trades as Debenhams and which in turn has a 27% stake in Revolution, making it Revolution's largest shareholder. boohoo has been at odds with both Frasers and Revolution over the past two years. Read More
(Alliance News) - Frasers Group PLC on Tuesday confirmed it is evaluating a possible all-cash offer for Revolution Beauty Group PLC but cautioned that there is no certainty a bid will be made. Read More
(Alliance News) - London's FTSE 100 is called to open higher on Tuesday, clawing back Monday's weakness, in the wake of UK unemployment data and as eyes remain on US-China trade talks. Read More
(Alliance News) - European stocks made a slow start to the new week, as traders anxiously await trade talks between the US and China. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - European stocks opened in a tepid fashion on Monday, despite more confident trade in Asia, as investors await trade talks between the US and China. Read More
(Alliance News) - Revolution Beauty Group PLC on Monday confirmed Frasers Group PLC is one of a number of parties eyeing a bid for the company. Read More
(Alliance News) - London's FTSE 100 is set to open flat on Monday, failing to replicate the more confident trade seen from Asia overnight. Read More
(Alliance News) - Frasers Group PLC "is exploring a cut-price takeover bid" for Revolution Beauty Group PLC, Sky News reported on Saturday. Read More
(Alliance News) - Frasers Group PLC on Friday announced that its Chief Executive Officer Michael Murray has joined the supervisory board of Hugo Boss AG. Read More
(Alliance News) - Stock prices in London were higher at midday on Tuesday, while overseas Germany's economic outlook has declined in the eyes of financial experts after Trump's tariff announcements. Read More
(Alliance News) - Frasers Group PLC reported on Tuesday that it has entered into a 25-year retail agreement with Accent Group Ltd, raising its stake to 19.57%. Read More
(Alliance News) - Aurora UK Alpha PLC on Tuesday reported a negative total return for 2024, underperforming its benchmark as a weak second half offset early gains. Read More
(Alliance News) - Frasers Group PLC on Wednesday said it has expanded its strategic investment in German fashion house Hugo Boss AG, increasing its shareholding and deepening its exposure through the sale of further put options. Read More
THG PLC - Manchester-based e-commerce retailer of consumer beauty and nutrition products - Frasers Group PLC ups stake in THG to 10.9%, as of Friday, from 6.1%. Frasers now holds 151.9 million shares in the company, THG says in a stock exchange announcement on Monday, providing no other details. At the current market price, the stake is worth GBP49.1 million. Back in June, Shirebrook, England-based retailer Frasers and THG signed a cooperation agreement that included the launch of THG's Myprotein products in Frasers' Sports Direct stores. In October, Frasers invested GBP10 million in THG by taking part in an equity raise conducted to support the spin-off of THG's Ingenuity technology business. Frasers took a 4.8% stake in January this year, which was increased to 6.1% early in March. Last Thursday, THG confirmed the structure of its GBP90 million fundraise, consisting of a GBP22 million share placing and a GBP68 million convertible loan, with Founder & Chief Executive Officer Matthew Moulding contributing two-thirds of the total. Read More
(Alliance News) - boohoo Group PLC on Friday said it will "continue forward as Debenhams Group" despite shareholders rejecting the name change for the ultimate holding company. Read More
(Alliance News) - Frasers Group PLC on Monday said it was expanding its partnership with MAP Active to launch its Sports Direct brand in five new markets in southeast Asia and India. Read More