(Alliance News) - Stock prices in London opened lower on Tuesday with a flurry of merger and acquisition activity that saw Biffa receive a takeover offer, while Ted Baker shares sank after its preferred bidder walked away. Read More
(Alliance News) - Ted Baker PLC on Tuesday said it was informed by its preferred bidder late Monday that it does not intend to proceed with an offer for the fashion retailer. Read More
(Alliance News) - Ted Baker on Tuesday said it was informed by its preferred bidder late Monday that it does not intend to proceed with an offer for the fashion retailer. Read More
(Alliance News) - Stock prices in London are seen opening lower on Tuesday amid ongoing trepidation over high levels of inflation, as Australia's central bank raised interest rates by more than expected. Read More
(Alliance News) - Ted Baker PLC reported a narrowed loss on Thursday as the retailer saw an improved annual sales performance despite the impact of Covid-19 restrictions in the year. Read More
(Alliance News) - Ted Baker PLC on Monday said it has progressed talks with a preferred suitor to the due diligence phase as the luxury retailer's formal sales process continues. Read More
(Alliance News) - Stock prices in London were seen opening higher on Monday, with traders in Europe drawing confidence from an afternoon turnaround for US equities on Friday. Read More
Ted Baker PLC - London-based clothing retailer - Says it has received "a number of non-binding proposals from potentially interested parties" in response to the formal sale process that it launched at the start of April. Ted Baker will invite a "focused selection" of the bidders to enter due diligence but says there is no guarantee that a takeover offer will be made. Earlier this month, Ted Baker had confirmed that Sycamore Partners Management LP, the New York-based private equity firm whose spurned approaches had triggered the sales process, was participating. Read More
(Alliance News) - Lloyds Banking on Wednesday reported a dip in first quarter profit and noted that the outlook for the UK economy "remains uncertain", but the lender still upgraded its guidance for all of 2022. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - European equities closed mixed on Wednesday as traders digested more robust inflation data from both sides of the Atlantic, while stocks in New York opened higher on the day JPMorgan kicked off the Wall Street banking earnings season. Read More
Ted Baker PLC - London-based clothing retailer - Confirms that New York-based private equity firm Sycamore Partners Management will participate in its formal sales process, which was announced at the beginning of the month. This means that Sycamore is no longer bound by Friday's deadline to make a firm intention of an offer or walk away. On April 4, Ted Baker said it had already rejected two cash takeover proposals from Sycamore and had received an improved proposal from the private equity firm, along with unsolicited third party bid interest which prompted the formal sales process. Read More
(Alliance News) - Stocks in Europe had a cautious start to the new trading week as the continent eyes up tougher sanctions against Russia as evidence of atrocities continue to emerge from the war in Ukraine. Read More
(Alliance News) - Stocks in London were higher at midday on Monday despite the EU debating fresh sanctions on Russia, while Twitter shares spiked in New York after the world's richest man took a sizeable stake in the company. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - Ted Baker PLC on Monday said it has received a third takeover offer from Sycamore Partners Management LP. Read More
(Alliance News) - Stocks in London ended mixed on Monday with oil majors weighing on the FTSE 100 as oil prices slumped as investors peace talks between Russia and Ukraine and fresh Covid-19 lockdowns in China. Read More
(Alliance News) - Stock prices in Europe climbed on Monday morning, with traders watching peace talks between Russia and Ukraine and shrugging off a fresh batch of Covid-19 lockdowns in China. Read More
(Alliance News) - Ted Baker PLC on Monday said it has rejected two cash takeover offers from New York-based private equity firm Sycamore Partners Management LP. Read More