Path clear for Genel to buy Capricorn as DNO refuses to raise offer
(Alliance News) - DNO ASA on Monday announced it will not raise its offer to buy Capricorn Energy PLC, ending a takeover battle ultimately won by Genel Energy PLC. Read More
(Alliance News) - DNO ASA on Monday announced it will not raise its offer to buy Capricorn Energy PLC, ending a takeover battle ultimately won by Genel Energy PLC. Read More
(Alliance News) - A third runway at Heathrow will make the UK "stronger" by boosting jobs, economic growth and investment, a Treasury minister said after Prime Minister Andy Burnham declined to back the project. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Irish Residential Properties REIT PLC on Monday announced it would be minded to recommend a takeover offer from Baring International Investment Ltd, known as Barings. Read More
(Alliance News) - CVC Advisers Ltd on Monday said it does not intend to make an offer for thermal processing firm Bodycote PLC. Read More
(Alliance News) - Entain PLC on Monday said it is maintaining its 2026 earnings guidance, despite Brazil introducing an immediate provisional ban on online sports betting and gaming. Read More
(Alliance News) - Land Securities Group PLC on Monday announced the GBP211 million sale of a central London office block to SevenCapital Group. Read More
(Alliance News) - Stock prices in London opened higher on Monday, as housebuilders surged on plans to revive the UK's 'Help to Buy' scheme, while miners fell as gold prices tumbled and oil climbed above USD107 a barrel. Read More
UIL Ltd - Closed-end Bermuda-incorporated investment company - Announces results for year to June 30. Revenue per ordinary share were 17.65p, up 48% from 11.91p the year before. NAV per share was 257.57, rises 44% from 179.41. NAV per total return for the six months ended June 30 is 50%, up from 14.7%. Pretax profit was GBP79.8 million,more than trebling from GBP21.2 million. UIL declares an interim dividend of 2.00p. Says outlooks remains positive, driven by investment in AI and compute capacity. The company has benefitted from rising asset valuations and operating performance across a number of holdings, it says. Notes range of complexities, including climate change and increased government borrowing to possibly impact sector. "Whilst market conditions remain uncertain, these factors are likely to continue to underpin portfolio performance in the short term," the company said. Read More
(Alliance News) - BT Group PLC's Openreach has been ordered to withdraw a heavily discounted offer aimed at new customers after the industry watchdog said the deal was "not fair and reasonable" and could damage competition from other broadband network providers. Read More
(Alliance News) - Land Securities agrees to sell a London office for GBP211 million, while Entain maintains its annual guidance despite an online betting ban in Brazil. HICL Infrastructure invests around GBP68 million in Scandinavian rail freight operator Hector Rail. Read More
(Alliance News) - Stocks in London are set to open higher on Monday, as oil prices rose after US President Donald Trump rejected an Iranian proposal for a seven-day truce that could have seen the Strait of Hormuz reopen. Read More
(Alliance News) - Avanti West Coast services will be under public ownership from March next year, UK Transport Secretary Heidi Alexander has announced. Read More
(Alliance News) - The UK's Business Secretary Jonathan Reynolds has warned against European protectionist measures, arguing they are not in "anyone's interests". Read More
(Alliance News) - Andy Burnham met Norwegian counterpart Jonas Store for talks on European security while in Liverpool for the Labour Party conference. Read More