UK PM Burnham voices concern over Ukraine facing Starlink restrictions
(Alliance News) - Andy Burnham has voiced concern over restrictions placed on Ukraine's use of Elon Musk's Starlink satellite communications system. Read More
(Alliance News) - Andy Burnham has voiced concern over restrictions placed on Ukraine's use of Elon Musk's Starlink satellite communications system. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Andy Burnham has said ministers will consider whether standing charges can be removed from gas bills to ease cost pressures on households. Read More
(Alliance News) - European blue-chips were largely higher on Wednesday morning, though the FTSE 100 underperformed as housebuilders and consumer-facing firms fell, while North Sea operators moved higher. Read More
(Alliance News) - Ashtead Technology PLC on Wednesday said it had agreed terms for a recommended cash acquisition from New York-based private equity firm Ember Infrastructure Management LP. Read More
Savills PLC - London-based real estate services provider - Completes refinancing of the bridge loan facility that Savills took out to fund its GBP827 million acquisition of Eastdil Secured Holdings LLC in March. Savills agrees to issue USD350 million in new unsecured fixed-rate private placement notes. The dollar-denominated notes have 3, 5, 7 and 10-year maturities and the same financial covenants as Savills's other unsecured debt. They are placed with six institutional investors, whom Savills doesn't name. Three are new lenders to Savills. Read More
(Alliance News) - Annual growth in UK house prices slowed for the fourth month in a row in August, according to Office for National Statistics [ONS] figures published Wednesday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday. Read More
(Alliance News) - Andy Burnham will welcome the Sultan of Oman to Downing Street on Wednesday, as part of the leader's three-day state visit to the UK. Read More
Mitie Group PLC - London-based outsourcing and facilities management - Takeover by UK peer OCS Group Topco Ltd gets clearance from the European Commission. The GBP3.1 billion acquisition now needs only two UK regulatory and government approvals, for competition and national security. Last week, the UK Competition & Markets Authority asked for comments on any competition issues caused by the merger. Mitie shareholders last week voted in favour of the deal, and Mitie on Wednesday says it still expects the acquisition to complete in the first quarter of 2027. Read More
(Alliance News) - SigmaRoc PLC on Wednesday reported revenue and earnings growth across the first nine months of the year, as it hailed its acquisition of a Lithuanian dolomite business. Read More
(Alliance News) - Mobico Group PLC on Wednesday confirmed it had received a possible cash takeover proposal worth 46 pence per share from Autobuses de Leon SL, with its independent directors indicating they would be minded to recommend an offer on those terms. Read More
(Alliance News) - Quilter PLC on Wednesday celebrated "strong momentum" in the third quarter, with rising assets under management and net inflows. Read More
Secure Trust Bank PLC - Solihull, England-based business and consumer lender - Completes on Tuesday the GBP5 million second tranche of its GBP10 million share buyback, having completed the GBP5 million first tranche on August 5. The buyback is run by Shore Capital Stockbrokers Ltd. Secure Trust buys back 331,134 shares at average 1,509.36 pence per share in the second tranche. In total for the GBP10 million programme, it buys back 654,540 shares at an average 1,527.79p. The buyback was to return cash from the sale of the bank's Consumer Vehicle Finance business. Secure Trust sold its Consumer Vehicle Finance business to private equity funds managed by LCM Partners Ltd for GBP458.6 million in December last year. Read More