
Articles
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2 weeks ago |
today.westlaw.com | Sonia Cheema |Shashwat Awasthi
(Reuters) -Investment firm Gordon Brothers has acquired Pepco Group's struggling Poundland business for a nominal value and will invest up to 80 million pounds ($108.5 million) to help fuel its turnaround, the companies said on Thursday.
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2 weeks ago |
zawya.com | Yadarisa Shabong |Shashwat Awasthi
Private equity firms KKR and Stonepeak Partners raised their offer for Britain's Assura on Wednesday to almost 1.7 billion pounds ($2.3 billion), topping a rival bid with their "best and final" offer for the healthcare real estate investor. The 52.1 pence a share offer, including dividends, trumps the 51.7 pence proposed by rival suitor Primary Health Properties last month.
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1 month ago |
today.westlaw.com | Shashwat Awasthi |Savio D'Souza |Rashmi Aich
(Reuters) -British pest control company Rentokil Initial said on Wednesday it would sell its workwear, flat linen and clean room business in France to H.I.G. Capital in a deal that values the business at about 410 million euros ($463.8 million).
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1 month ago |
ca.marketscreener.com | Shashwat Awasthi |Emma Rumney
Published on 2025-05-19 at 02:27, updated on 2025-05-19 at 07:20 (Reuters) -Diageo unveiled a plan on Monday to cut $500 million in costs and make substantial asset disposals by 2028, as the maker of Johnnie Walker whisky and Guinness beer looks to turn around its performance and reduce its debts. Cost cuts would come from changes to Diageo's trade investment and advertising spend, overheads and supply chain, finance chief Nik Jhangiani told investors.
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1 month ago |
marketscreener.com | Shashwat Awasthi
Published on 05/15/2025 at 02:36 (Reuters) -National Grid booked a multi-million impairment charge on a paused U.S. wind project, but said on Thursday it was on track to invest 60 billion pounds ($79.74 billion) in energy networks through March 2029 and its results beat estimates. Its shares rose 2% to 1,038 pence by 0725 GMT, outperforming the wider market, which traded 0.5% lower. The renewable energy sector has been shaken by U.S. President Donald Trump's hostility to wind power.
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