Company News
Comcast is 'likely' £26bn victor in Sky bidding war
Comcast is thought likely to be the new owner of Sky after the biggest US cable TV company pulled out of a battle to buy Rupert Murdoch’s Fox entertainment empire.
Gardner Aerospace takeover of Northern Aerospace gets quick CMA clearance
The Competition and Markets Authority announced on Friday that it had decided, on the information currently available to it, not to refer the merger of Gardner Aerospace Holdings and Northern Aerospace to a Phase 2 investigation.
Midwich to beat expectations as acquisitions drive margins improvement
Specialist audio visual and document solutions distributor Midwich on Friday reported that it will exceed expectations for the full year following an “encouraging first half performance”.
Record gets first performance fees in two years as inflows return
Specialist currency manager Record announced on Friday that its assets under management equivalents (AUME) as at 30 June totalled $61. 9bn, down from $62. 2bn at the end of March.
Roche clears FDA hurdle with Alzheimer's testing products
Roche announced on Friday that the US Food and Drug Administration (FDA) has granted ‘Breakthrough Device Designation’ to ‘Elecsys beta-Amyloid (1-42) CSF and ‘Elecsys’ Phospho-Tau (181P) CSF.
Aortech losses widen but can focus on future after legal battle
AorTech International on Friday reported a fall in annual revenues and larger losses as the company finally completed long-running legal dispute with a former chief executive.
Sirius Minerals signs fertiliser offtake agreements with two Chinese firms
Sirius Minerals has signed binding take-or-pay supply agreements supply its POLY4 fertiliser to two Chinese companies on Friday.
PureTech signs deal with Roche for chronic disease treatments
PureTech Health has announced a deal with Roche that could result in the Swiss drug giant paying the company more than $1bn (£769m) linked to PureTech’s treatments for cancer and other chronic diseases.
CMA threatens full inquiry for Experian's ClearScore deal
The UK competition regulator has given Experian a week to propose measures to ensure its takeover of ClearScore does not harm consumers or face a full competition inquiry.
Easyjet still interested in Alitalia - report
EasyJet is still interested in Italy's Alitalia after Italy's transport minister said the airline will remain the national flag carrier but needed an operational partner, the Corriere della Sera reported on Friday.
Unilever completes first tranche of share buyback scheme, begins second
Unilever announced the successful completion of the first tranche of its share buyback programme on Friday, to buy shares with an aggregate market value equivalent of €3bn.
Beazley profit falls as claims rise and investment returns shrink
Beazley’s first-half profit fell as the insurer paid out more for claims and investment returns fell heavily but top-line growth was strong as rates firmed.
Homeserve reveals little change in first quarter
Emergency home repairs group HomeServe said trading has been as expected during its traditionally quieter first quarter.