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Gut health firm EnteroBiotix secures £27m funding

Biopharma firm EnteroBiotix has raised more than £27m in funding from new and existing investors to expand its work. The company focuses on gut health and employs some 50 people developing microbiome medicines. It is carrying out clinical trials of drugs designed to prevent and treat a range of conditions …

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Royal Mail announces possible French fines of $29M

Royal Mail announced it had set aside about $29 million for possible fines issued by French competition authorities, say reports. The UK postal company said it entered into a settlement with French competition regulators following an investigation into the company’s French unit, Global Logistics Systems. While Royal Mail did not …

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Companies roundup: DS Smith takeover & Entain

DS Smith (SMDS), Entain (ENT), car registrations, Future (FUTR), Ascential (ASCL), Motorpoint (MOTR) and Gooch & Housego (GHH) Packaging giants DS Smith (SMDS) and Mondi (MNDI) are still in merger talks, having reached an agreement in principle last month. The Panel on Takeovers and Mergers has extended the offer deadline from 5pm on 4 April …

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