(Alliance News) - Dublin-based low-cost airline Ryanair Holdings PLC suffered a legal defeat before the EU's General Court on Tuesday, which ruled that Italian state aid to struggling airlines during the coronavirus pandemic was in line with EU law. Read More
(Alliance News) - Tesco PLC is exploring a sale of its central and eastern European operations, the Financial Times reported on Wednesday. Read More
Legal & General Group PLC - London-based insurer and asset manager - Tender offer for up to GBP500.0 million in dollar and sterling bonds receives USD519.7 million in acceptances for the dollar bonds and GBP409.2 million for the sterling bonds. As a result of tenders being more than the maximum, L&G will apply scaling factors of 35% to 77% and accept USD401.3 million in tenders for the dollar bonds and a total of GBP200.0 million in tenders for the sterling bonds, both as planned. 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) - Boku Inc on Wednesday warned financial performance for 2026 is expected to be below current market expectations reflecting delays to the launch of several new connections and slower than anticipated merchant onboarding. Read More
Galliford Try Holdings PLC - London-based construction company - Gains a four-year place on the YORbuild Major Works 2 regional framework contract, which is worth GBP1.5 billion in total. Says it has been appointed for lots 1, for projects exceeding GBP10 million, and 2, for projects worth over GBP30 million. The YORbuild 2 framework is managed by England's Leeds, East Riding, Sheffield and North Yorkshire councils and covers various major building projects for public sector bodies and third sector organisations in the Yorkshire & Humber region, Lincolnshire, Nottinghamshire, Derbyshire and parts of Leicestershire, and across the North East of England. Framework manager YORhub has appointed 10 other construction firms to the framework, including Morgan Sindall Construction & Infrastructure Ltd, Kier Construction Ltd; and Vinci Building Ltd. Read More
(Alliance News) - Alternative Income REIT PLC on Monday said it was considering a sweetened takeover offer from Glenstone REIT PLC, but that the new offer remained below its net asset value at the end of March. Read More
(Alliance News) - Unite Group PLC on Wednesday backed guidance as it reported "strong progress" in reservations and said disposal plans were on target. Read More
(Alliance News) - RIT Capital Partners PLC on Wednesday set out plans to return of GBP300 million to shareholders, and review its dividend policy. 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) - Zigup PLC on Wednesday reported improved yearly results and lifted its dividend, with its progress in Spain a "standout". Read More
Associated British Foods PLC - London-based food and ingredients producer and clothing retailer - Completes the purchase of Hovis Group Ltd from private equity firm Endless LLP, planning to integrate the bread maker with its own Allied Bakeries division to form a new business to be named Hovis Bakeries. The enlarged operation will combine the Hovis bread brand with Allied Bakeries' Kingsmill, Allinson's and Sunblest brands. It also will make own-label bakery ranges for major UK supermarkets. The acquisition of Hovis, for which no financial details have been disclosed, was cleared by the UK Competition & Markets Authority last month, with the regulator citing declining demand and higher costs for UK bread suppliers. "The completion of this transaction is a significant step towards the delivery of a profitable UK bread business," says AB Food Chief Executive George Weston. Read More
(Alliance News) - Jet2 PLC on Wednesday reported record annual revenue as passenger numbers reached a new high, launching a new share buyback programme and raising its final dividend in response. Read More
(Alliance News) - IG Group Holdings PLC on Wednesday outlined plans to set up a new Jersey-incorporated holding company to allow for greater "flexibility", and noted an improvement in its first-half performance. Read More
(Alliance News) - Senior PLC on Wednesday raised annual guidance, hailing continued "positive momentum". Read More