‘Existential crisis’: London Stock Exchange exodus tops £60bn after Darktrace deal April 26, 2024 A top investment bank has sounded the alarm and called on government to act today after a take-private deal for Darktrace took the total value of London Stock Exchange exits to north of £60bn.
London Stock Exchange Group boss set for payday despite take-private boom April 25, 2024 The London Stock Exchange Group was dealt a bloody nose by investors today after a chunk of its shareholders voted to reject a pay rise for chief executive David Schwimmer.
South African minister lashes out at BHP over previous merger April 25, 2024 BHP now has until 5pm on 22nd May to either announce a firm offer for Anglo or that it does not intend to make an official bid.
Drugmaker Indivior seeks shareholder approval to move primary listing from London to New York April 25, 2024 Opioid dependence treatment maker Indivior has confirmed a plan to move its primary stock market listing from London to New York this summer in yet another blow to the capital's beleaguered bourse.
M&S pension scheme faces hefty losses as FCA probes Home REIT sister fund April 24, 2024 The M&S pension scheme is facing huge potential losses after pumping cash into a Home REIT sister fund that is now under investigation by the Financial Conduct Authority (FCA), City A.M. can reveal.
After its latest deal, could JD Sports be the next FTSE 100 company to move to the US? April 23, 2024 A decision by JD Sports to pick up an American listed retailer will increase North America’s share of group sales from approximately 32 per cent to approximately 40 per cent.
Coach and Stuart Weitzman owner plunges into the red as ‘price sensitive’ Kate Spade customers slow sales April 22, 2024 The UK arm of American luxury fashion brands Coach, Kate Spade and Stuart Weitzman plunged into the red after losing more than £60m during its latest financial year, it has been revealed.
Grindr faces lawsuit over alleged data breach involving users’ HIV status April 22, 2024 Gay dating app Grindr faces a lawsuit over an alleged major data breach, which involved users’ HIV status.
Tyman: Building products supplier set to go stateside as Quanex agrees terms for £788m takeover April 22, 2024 Building products manufacturer Quanex has agreed terms to buy London-listed peer Tyman for £788m, in a deal that would see the combined group float in New York.
Global top 50 companies: UK absent as American tech triumphs April 22, 2024 There are now no UK companies among the top 50 largest listed companies in the world, as the British economy has struggled to compete with the dominance of American tech firms.