Currys’ largest shareholder warns Elliott offer ‘highlights London equity market drain to US’ February 20, 2024 The head of Currys' largest shareholder Redwheel, a hedge fund formerly known as RWC said Elliott Advisors' proposed takeover offer of the retailer has “highlighted a wider problem with the UK equity market.”
AJ Bell founder reportedly to chair JD Sports-backed sports supplement firm ahead of listing February 20, 2024 It will be his first role since leaving the company he founded 28 years ago. His appointment was understood to be solidified at a company AGM which took place today.
Domino’s shares spike as rating upgraded with potential for 360 more UK stores February 20, 2024 Shares in Domino’s Pizza were delivered a surprise boost this morning after analysts upgraded its rating on the stock, and encouraged the UK’s biggest pizza maker to expand.
Lok’n Store’s development pipeline grows as company seeks to capitalise on demand for self-storage February 20, 2024 A publicly listed self storage company is close to opening its biggest store to date in Barking, Greater London.
IHG: Holiday Inn owner unveils another buyback as revenue and profit jumps February 20, 2024 Total revenue at the British chain, which owns a number of affordable and high end hotel, also leaped £3.6bn.
Superdry founder in talks with US private equity firm for rescue bid February 19, 2024 The founder of Superdry, Julian Dunkerton, is reportedly in talks with US investor Davidson Kempner to rescue the ailing fashion retailer.
Currys bidding war: Chinese retail giant JD joins race as shares soar 33 per cent February 19, 2024 Chinese retail giant JD.com is the latest firm to consider buying Currys, as its board reveals it is in the “very preliminary stages” of exploring a takeover.
Elliott mulls new higher offer for Currys after initial £700m bid rejected February 19, 2024 In an update this morning, the owner of Waterstones, said: “Elliott confirms that it is considering a possible cash offer for Currys.”
‘Swiftonomics’: How Taylor Swift’s UK Eras tour could boost the UK economy February 17, 2024 "There is already strong anecdotal evidence suggesting there will be a strong increase in hotel and restaurant inflation while Taylor Swift is performing".
Lidl wants to build one if its biggest ever supermarkets and 71 homes at Bingo site in Greenwich February 15, 2024 Lidl wants to construct 71 new homes and a 31,000 sq ft supermarket at the site of a former Mecca Bingo site in Greenwich, in its latest tactic to secure planning permission for a new site in London. The supermarket, proposed to be located on the first and group floor of the building, would be [...]
