Tag Archives: deal

London’s FTSE 100 was up 0.5% at 7,257.43 in afternoon trade on Monday. Vodafone and BT Group rallied after private equity firm KKR made a $12bn takeover approach to Telecom Italia. Neil Wilson, chief market analyst at Markets.com, said: “There has been a lot of speculation about a possible takeover …

Royal Mail and the Communication Workers Union (CWU) had been locked in a dispute over a 1.8 billion pound ($2.42 billion) restructuring plan, proposed by its former chief executive officer, Rico Back. The resistance led to Back resigning in May. “This agreement marks the end of our two year dispute …

Royal Mail went under offer to sell the slice of its former depot in Nine Elms – known as Plot A – last July, when Quadrant secured the deal ahead of rival bids from the likes of MiddleCap, among other investors. The transaction is Royal Mail’s latest sale on the …

Intellectual property investment company Tekcapital announced on Wednesday that its portfolio company Salarius has signed a distribution agreement with Gehring-Montgomery, a United States ingredient distributor, in a bid to expand business-to-business sales of ‘MicroSalt’ across the US. The AIM-traded firm described Gehring-Montgomery as a “leading distributor” of food and raw …

A calendar filled with lockdown artwork has been launched to help raise funds for a little boy living with an incurable muscle wasting illness. Five-year-old Digby Donnelly from Deal was diagnosed with Duchenne Muscular Dystrophy (DMD) in 2017, aged two. Artist Bryony Sadler, Digby Donnelly and mum Lisa Donnelly celebrate …

A housing complex will be named after the boss of a company that was just across the road. The block of retirement homes, at Charlton Green, Dover, will be called Elkington House. Artist’s impression of the futeure Elkington House. Picture: Dover District Council This is after Vivian Elkington who was …

At home, foreign trade data for November are scheduled to be published on Monday, followed by readings on consumer prices and retail sales in December set to follow on Wednesday and Friday, respectively. Investors will be scrutinising those reports for further signs of weakness which might cement expectations in financial …