COMPANY NEWS
27 Dec
renault
Thursday preview: US data in focus

The focus of Thursday's session will be on a barrage of economic data due out Stateside ahead of the long holiday weekend, amid an otherwise largely barren calendar.

27 Dec
shire, drug, pharma
Shire files for FDA approval for Georgia plasma manufacturing site

Specialty biopharmaceutical company Shire has filed its first submission to the US Food and Drug Administration for a new plasma manufacturing facility in Covington, Georgia, which is expected to add around 30% capacity to the company’s internal network once fully operational.

27 Dec
vedanta
Vedanta unit buys into LCD glass maker AvanStrate

Vedanta Resources said its Cairn India subsidiary agreed to pay $158m for debt and a majority stake in AvanStrate, a Japanese maker of glass for LCD devices.

27 Dec
wind farm offshore greencoat uk wind
TRIG pays £80m for first offshore wind farm investment

Renewables Infrastructure Group (TRIG) has paid £80m for a 14. 7% stake in the Sheringham Shoal offshore wind farm in the North Sea.

27 Dec
ukog, horse hill, gatwick
UK Oil & Gas shares fall after discouraging tests

UK Oil & Gas Investments (UKOG) lost a quarter of its value after it said a zone at its Weald Basin operation was probably not viable.

27 Dec
trois-ex-traders-de-barclays-reconnus-coupables-dans-l-affaire-du-libor
Barclays post-tax profit to take £1bn hit from US tax changes; future earnings to see positive impact

Barclays said on Wednesday that annual post-tax profit will be hit by a one-off charge of around £1bn as a result of the changes to US tax laws that kick in in January, which include a reduction in the corporate income tax rate to 21% from 35%.

27 Dec
D4T4 Solutions announces new contract wins in key vertical sectors

AIM-listed data solutions provider D4T4 Solutions announced on Wednesday a number of new contract wins in its data management and data collection business areas.

27 Dec
cash money sterling pay deal offer acquisition m&a
Gresham House sells final significant legacy asset for £2.1m

AIM-listed specialist alternative asset manager, Gresham House, has exchanged contracts with housebuilder and urban regeneration partner Countryside Properties for the sale of its five-acre site at Newton-le-Willows for a gross value of £2. 1m, with completion expected in early 2018.

27 Dec
DFS buys some stores and assets from collapsed Multiyork for £1.2m

DFS Furniture has bought some of the store leases, assets and intellectual property of collapsed retailer Multiyork Furniture, primarily for Sofa Workshop, for a total consideration of £1. 2m.

27 Dec
shell bg group 640 300
Shell expects to gain from Trump's US tax changes

Royal Dutch Shell said it expects changes to US tax law to benefit the company and its US operations.

27 Dec
3i infrastructure group
3i Infrastructure takes control of Wireless Infrastructure Group

3i Infrastructure has agreed to spend £186m to take ownership of Wireless Infrastructure Group alongside its management.

27 Dec
cash money sterling pay deal offer acquisition m&a
Ascential buys Clavis for up to $219m

Business-to-business information company Ascential has bought e-commerce analytics group Clavis Insight for up to $219m.

27 Dec
Office, offices
IWG confirms takeover approach from Canada's Brookfield and Onex

FTSE 250 flexible office space provider IWG noted recent press speculation on Wednesday and confirmed that it has received an indicative proposal from funds managed by affiliates of Canada's Brookfield Asset Management and Onex Corporation regarding a possible cash offer for the company.

27 Dec
50 Finsbury Square Great Portland Estates GPE
Great Portland Estates to sell 30 Broadwick Street for £190m

Great Portland Estates has exchanged contracts to sell 30 Broadwick Street to a client of Savills IM for a headline price of £190m, with completion scheduled for January.