Luxfer Enters Into Agreement to Be Acquired for $17.37 Per Share in All-Cash Transaction; Reports Second Quarter Results July 28, 2026 On July 26, 2026, Luxfer Holdings PLC entered into a definitive agreement to be acquired by affiliates of Wynnchurch Capital, L.P. (“Wynnchurch”) in an all-cash transaction. Under the terms of the agreement, unanimously approved by the directors in attendance at a meeting of Luxfer's Board of Directors, Luxfer shareholders will receive $17.37 per ordinary share in cash. Second Quarter 2026 Highlights* GAAP Net Sales of $95.7 million from $106.6 million, Adjusted Sales 1 declined 3.7% GAAP Net Income was $4.8 million, or $0.18 per diluted share, compared to $2.6 million and $0.10 per diluted share Adjusted EBITDA1 decreased to $13.4 million, down 4.3%, and Adjusted Diluted EPS1 decreased 3.3% to $0.29 Strong Margin Performance, with adjusted gross margin up 130bps to 25.2% and Adjusted EBITDA1 margin of 14.3% GAAP Measures now include the Superform business, previously reported as a discontinued operation. * Comparative information is relative to prior-year second quarter. 1 Note: Adjusted results exclude Superform and Graphic Arts businesses.
Logitech Announces Q1 Fiscal Year 2027 Results July 28, 2026 Strong First Quarter Marks Tenth Consecutive Quarter of Growth
‘I thought this would be drama-free’: Games Workshop pockets tariff reprieve July 28, 2026 Games Workshop pocketed a £7.8 refund from the US administration after the Supreme Court rules Donald Trump’s ‘liberation day’ tariffs to be illegal, the company has said in another positive trading update. The Warhammer maker told investors it had initially paid US customs £12m to continue trading across the Atlantic, a considerable hit to the [...]
Student housing giant Unite faces £400m loss amid property value slump July 28, 2026 Unite Students has plunged to a more-than £400m loss after being hit by a £500m revaluation of its properties and “extremely challenging” building costs. The UK’s largest student landlord slumped to a £417m pre-tax loss in the six months to June, reversing a £186m profit the year before, as its earnings slipped by two per [...]
EY and London managing partner fined over £1.3m for audit failure July 28, 2026 Big Four giant EY and its London office managing partner have been hit with a nearly £1.3m fine by the financial watchdog for audit failings related to retailer Made.com in 2021. The Financial Reporting Council (FRC) said the sanction follows an investigation into Julie Carlyle, who manages the City office and a portfolio of many [...]
Industry hits out at rumours as No 10 denies plan to abolish stamp duty and council tax July 27, 2026 Andy Burnham is “not considering” scrapping stamp duty and council tax, Downing Street has said, as the government moves to pour cold water on rumours of major tax changes that had spooked property sector leaders. Business chiefs condemned the government over the danger of property tax speculation after reports over the weekend suggested that Burnham [...]
Triumph for Tesla as top court rules 5G licensing case should be heard in UK July 27, 2026 The UK’s highest court has given the green light for Tesla to revive a lawsuit over 5G licensing in its electric cars, after the case was previously dismissed by a panel of judges three years ago. Elon Musk’s carmaker, one of the largest global manufacturers of electric vehicles, sued Avanci, a Texan company that supplies [...]
FTSE 100 firm agrees £5.7bn takeover in latest private equity swoop July 27, 2026 FTSE 100 energy group DCC has agreed to a £5.75bn takeover by a group of private equity firms in another blow to the London Stock Exchange after a flurry of takeovers this year. US private equity firm KKR and Energy Capital Partners, a subsidiary of London-listed Bridgepoint, said this morning they would pay a total [...]
Top-end priced UK properties may take four times longer to leave market July 25, 2026 Property sellers in Britain asking for too high a price who have to reduce it to make a sale take four times as long to sell than those listing an accurate initial asking price. According to new research from estate agent Savills, 33 per cent of sales required the asking price to be slashed to [...]
Mobix Labs Signs Definitive Agreement to Acquire Vision Aerial, Accelerating Global Drone Platform for National Security and Aerial Intelligence July 24, 2026 Transaction accelerates Mobix Labs’ global aerial intelligence strategy and National Security Matters Initiative