COMPANY NEWS
13 Nov
PWC company
PricewaterhouseCoopers conditionally accepts acquisition of cDecisions

Multinational professional services network PricewaterhouseCoopers (PWC) said it has conditionally agreed to acquire UK-based Salesforce consultancy cDecisions.

13 Nov
Serco, trnasports, DLR, government services
Serco slumps after Middle East pullout cuts bid pipeline by a third

Serco's bid pipeline of large contracts has shrunk by almost a third after it pulled out of all its bids to win light-rail franchises in the Middle East.

13 Nov
cbstopwallstreet
Qualcomm rejects $103bn takeover bid from rival Broadcom

US semiconductor and telecommunications firm Qualcomm rejected a $103bn takeover bid from competitor Broadcom on Monday, saying the offer "dramatically" underestimated the value of the company.

13 Nov
city road street buildings new york city usa
C H Bailey sells Malta-based asset for €1.725m

C H Bailey has conditionally sold an asset in Malta for a total of €1. 725m, the company announced on Monday.

13 Nov
immobilier-propriete-property-in-europe-par-images-money-via-flickr-cc-license-by
U And I Group sells four legacy projects

London-based property regeneration specialist U and I Group (UAI) announced on Monday that it had sold four of its small legacy projects, generating development and trading gains of £6. 7m in the process.

13 Nov
london stock exchange paternoster
Asian Growth Properties on the rise after announcing wind-up

Aim-listed firm Asian Growth Properties (AGP) announced on Monday it had appointed liquidators for its proposed voluntary wind-up and disposal of assets.

13 Nov
cine palomitas pelicula
Vue International receives bid from South Korean cinema group

South Korean cinema owner CJ-CGV is reportedly preparing an acquisition of UK-based group Vue International for a potential £2bn.

13 Nov
russia gdp growth annual
Paternoster Resources reports 7% surge in net assets

Investing company Paternoster Resources reported on Monday a 7% surge in net assets for the three months ended 30 September.

13 Nov
 parliament house of commons london westminster politics
Tuesday preview: Mammoth Brexit debate begins, UK CPI, Vodafone and ITV results

Tuesday's financial diary is jam-packed with consumer price inflation data, a key debate on Theresa May's Brexit legislation and a deluge of company results from the likes of DCC, ITV, Land Securities and Vodafone.

13 Nov
handshake
Pfizer appoints Albert Bourla to newly-created role of COO

Pfizer has announced the appointment of Albert Bourla to the newly-created role of chief operating officer with effect from 1 January, 2018.

13 Nov
amazon_generic_286_200
Bango extends Amazon Japan carrier billing to Prime membership

Mobile payments company Bango announced on Monday that, following the successful launch of direct carrier billing (DCB) for Amazon retail customers in Japan in June, it has expanded DCB availability to Japanese customers of Amazon Prime and Prime Student membership programmes.

13 Nov
cbmoney2 short
Study says low levels of productivity weighing on pay growth

According to the newest edition of the quarterly published Labour Market Outlook by the Chartered Institute of Personnel and Development and The Adecco Group, less than one-quarter of private sector employers felt any kind of pressure to raise wages from the bulk of their employees.

13 Nov
Fish Fishing sea sunset
Fishing Republic sees 'significant' deterioration in trading

Fishing Republic issued an update to shareholders on Monday, reporting that since its late update in September, it has seen a “significant” deterioration in trading.

13 Nov
barbie-de-mattel
Hasbro makes move to absorb rival Mattel

According to reports, Hasbro was toying with the idea of acquiring competitor Mattel, makers of Barbie, in a move that would see the two biggest names in the industry combine to create a multinational powerhouse.

13 Nov
VidaCaixa 3
Shell sells entire stake in Woodside Petroleum

Royal Dutch Shell said on Monday that following strong demand from institutional investors, it has now agreed to sell its entire holding in Woodside Petroleum.

13 Nov
calculatrice-et-trombones-comptes-entrepreneurs-entreprises-argent-finances-tpe-pme-entreprenariat-finances-banques-startup-business-plan-argent
RedT flagship energy storage project now operational

Energy storage technology company redT energy announced on Monday that, in partnership with Centrica, its flagship UK 1MWh energy storage project was now fully operational and connected to the UK grid.

13 Nov
Oil rig in Algeria, oil & gas, energy
Prospex Oil and Gas begins spudding at Romanian based Bainet-1 Well

Prospex Oil and Gas confirmed on Monday that the Bainet-1 Well at the EIV-1 Suceava Concession, onshore Romania, in which the company has a 50% interest, spudded at approximately 3. 30pm on 10 November 2017.

13 Nov
qualcomm
Qualcomm rejects Broadcom's $130bn takeover offer

Qualcomm’s board of directors has unanimously rejected the $130bn takeover bid made by Broadcom on 6 November.

13 Nov
Astrazeneca
Mereo BioPharma treatment granted PRIME designation by EMA

Clinical stage biopharmaceutical company Mereo BioPharma Group announced on Monday that the the European Medicines Agency has granted BPS-804 ‘PRIority MEdicines’ (PRIME) designation for the treatment of osteogenesis imperfecta (OI), or ‘brittle bone disease’.

13 Nov
Money cash dollars
Cellcast confident despite Lexinta Fund delays

Cellcast updated shareholders on the cashing in of an investment in the Lexinta Fund on Monday, having notified authorities that it - along with other investors - had not received payment as agreed.