(Alliance News) - Sports Direct owner Frasers Group PLC is in talks to acquire the stock and intellectual property of THG PLC's ProBikeKit cycling goods unit, Sky News reported on Monday. Read More
(Alliance News) - The following is a round-up of director dealings by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Frasers Group PLC - Shirebrook, England-based owner of House of Fraser, Sports Direct and Flannels retail chains - Mike Ashley, founder and 67% shareholder, pledges 26.5 million shares, a 5.6% stake, to HSBC Private Bank as security for a derivatives trading facility. The transaction is via investment vehicle Mash Holdings Ltd, and Ashley remains the owner of the shares, with full voting rights. Mash also sells share settled put options over 1.0 million shares at a strike price of 800 pence, worth GBP8.0 million, on Friday last week and on Monday. The put options expire in September. Back in December, Ashley had sold put options and bought spread bets over Fraser shares. The earlier put options also expire in September. Read More
Frasers Group PLC - Shirebrook, England-based owner of House of Fraser, Sports Direct and Flannels retail chains - UK Financial Reporting Council closes its accountancy scheme investigation of the preparation and approval of Sports Direct International PLC for the 2016 financial year. Sports Direct International is the former name of Frasers Group, making the change late in 2019. The FRC says Sport Direct International was not the subject of its probe. Read More
Frasers Group PLC - Shirebrook, England-based owner of the Sports Direct, Frasers and Flannels retail chains - Completes the acquisition of fashion brand Topgrade Sportswear from its founders and sportswear retailer JD Sports Fashion PLC. Read More
(Alliance News) - Stocks in London ended slightly higher on Monday, after a subdued day of trading in the absence of US markets, which were closed for a public holiday. Read More
(Alliance News) - Stock prices in London were flat at midday on Monday, though the FTSE 100 kept its head above the 8,000 mark achieved for the first time only last week. Read More
(Alliance News) - Stocks in London were treading water in early dealings on Monday, at the start of what is expected to be a subdued day for European equities, with markets in New York closed. Read More
(Alliance News) - Frasers Group PLC on Monday announced a share buyback of up to 10.0 million shares. Read More
(Alliance News) - The FTSE 100 climbed past the 8,000 point mark for the first time on Wednesday, as confident afternoon trade in London defied a slow start from equities in New York. Read More
(Alliance News) - Stock prices in London opened lower on Friday amid depressed global market sentiment, though economic data showed the UK has avoided recession for now. Read More
(Alliance News) - London's FTSE 100 traded not far off its best-ever level at midday on Wednesday, with equities supported by a more bullish forecast for the UK economy and Federal Reserve Chair Jerome Powell taking a softer tone than feared in a speech on Tuesday. Read More
(Alliance News) - Frasers Group PLC and JD Sports Fashion PLC on Wednesday said Frasers completed the acquisition of five premium fashion brands from JD Sports, while it will no longer buy the Rascal Clothing brand. Read More
(Alliance News) - Stock prices in London opened higher on Wednesday, as the FTSE 100 index hit another record high. Read More
(Alliance News) - Stocks in London were called to open higher on Wednesday, as investors take their cue from a rally on Wall Street. Read More
(Alliance News) - Frasers Group PLC is considering buying up shopping centre assets, the Times reported over the weekend, as the fashion company expect bricks and mortar retail is here to stay. Read More
(Corrects that Mike Ashley is not the chief executive officer of Frasers.) Read More
(Alliance News) - Stock prices in London were lower at midday on Monday as investors accepted that interest rates in the UK and the US will likely remain high for some time. Read More
(Alliance News) - The Times on Saturday reported that Frasers Group PLC Chief Executive Officer Mike Ashley is mulling to buy two shopping centres in Great Britain for a total of GBP100 million. Read More
(Alliance News) - Stocks in London ended on an upbeat note on Wednesday as markets looked ahead to key inflation data out of the US on Thursday. Read More