Moneysupermarket Group has suspended its financial guidance for the year 2020. In a trading statement released today Moneysupermarket.Com Group (MONY) said it is still too early to determine the full impact of the rapidly changing situation due to the evolving nature of the pandemic and the associated uncertainty...
Smith & Nephew plc, the global medical technology business, has agreed to buy Osiris Therapeutics, Inc. for approximately $660 million. Osiris Therapeutics, based in Maryland, USA, researches, develops and manufactures regenerative medicine products. It has achieved commercial success with products in orthopedics, sports medicine and wound care. Osiris' 360 employees are...
JD.com, China’s largest retailer, is expanding its luxury white glove delivery service, JD Luxury Express, which offers personalised delivery by specially-trained JD employees. Clad in distinct uniforms, complete with white gloves, they deliver purchases to customers’ homes in electric vehicles, rather than JD’s usual tricycles and scooters. The...
JD Sports has made an offer to buy clothing and shoe retailer Footasylum for £90.1 million. JD, which acquired approximately 18.7 per cent of Footasylum in February this year, now seeks to takeover the company and has offered to pay 82.5 pence a share. Founded in 2005, Footasylum...
Experian, the global information services company, has agreed to buy Compuscan (CSH Group (Pty) Limited), one of the leading credit bureau and information services businesses in Africa for $263 million. Brian Cassin, Chief Executive Officer said: "We are delighted to announce that Experian has agreed to acquire Compuscan. We...

M&S closing 17 more stores

Marks & Spencer have named a further 17 stores due to close as part of its restructuring plan, which will see 100 stores close by 2022. The closures puts 1,045 jobs at risk with M&S saying it will enter consultations with its employees with the intention of "retaining as many...
Coca‑Cola HBC, a leading bottler of The Coca-Cola Company, has bought Bambi for €260m. Bambi, established in 1967, is Serbia's leading regional confectionery business, manufacturing a range of products including biscuits, wafers and savoury snacks. In 2018, Bambi recorded revenue of approx €80 million, of which more than two thirds are...

ITV online viewing up 32%

ITV plc have delivered a strong performance in 2018 with online viewing up 32%, driven by mobile devices, connected TV and streaming media players. The ITV Hub (formerly ITV Player), the online home for all of the channels' content, continues to grow rapidly. Available on...
Shares in John Laing Infrastructure Fund (JLIF) have soared by more than 18 per cent this morning after news of a possible buyout of the company. JLIF is one of Europe’s largest listed infrastructure funds, with a Premium Listing on the FTSE 250. The Board of JLIF and a consortium which comprises Dalmore...
Housebuilder Bellway expects total revenue to rise by over 12% to almost £1.5 billion, as demand for affordable new homes remains strong. Bellway expects the number of housing completions to rise by 5.6% to 5,007, with the average selling price rising by 6.5% to £293,800. Despite Brexit uncertainty, demand...
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