HICL Infrastructure to take 40% stake in mobile tower owner

HICL Infrastructure PLC said on Monday it exchanged contracts to acquire a 40% equity interest in Aotearoa Towers Ltd, a passive mobile tower infrastructure owner,...

Mon, 18/07/2022 - 09:13


Hill & Smith CEO Paul Simmons resigns; posts ‘positive’ start to 2022

Hill & Smith Holdings PLC on Monday said that Chief Executive Officer Paul Simmons plans to step down immediately.

Simmons joined the Solihull, England-based infrastructure...

Mon, 18/07/2022 - 09:12


LONDON MARKET OPEN: Risk-on trade at start of key week for ECB

The mood was risk-on at the start of the new week, with US interest rate hike expectations calming ahead of the Federal Reserve's meeting later...

Mon, 18/07/2022 - 09:04


TOP NEWS: Astorg Asset Management buys Euromoney for £1.61 billion

Euromoney Institutional Investor PLC on Monday accepted a £1.61 billion takeover bid from Astorg Asset Management Sarl.

The London-based business media and events group had...

Mon, 18/07/2022 - 08:53


IN BRIEF: Derwent London sells Bush House wing for £85 million

Derwent London PLC - London-based property investor and developer - Sells south west wing of Bush House in central London for £85 million before costs....

Mon, 18/07/2022 - 08:45


TOP NEWS: Direct Line shares slide as motor claims inflation spikes

Direct Line Insurance Group PLC on Monday cautioned on ‘heightened volatility across the UK motor insurance market’ as it lowered its full-year outlook.

Shares were...

Mon, 18/07/2022 - 08:41


TOP NEWS: Deliveroo lowers outlook as consumers cut down on takeaways

Food delivery firm Deliveroo PLC on Monday said it has cut its annual sales outlook, as it has been hit by tumbling consumer confidence and...

Mon, 18/07/2022 - 08:24


IN BRIEF: Industrials REIT disposes of Rose Kiln Court in Reading

Industrials REIT Ltd - London-based real estate investment trust - Completes the sale of Rose Kiln Court, located in Reading, for £5.88 million. The sale...

Mon, 18/07/2022 - 08:21


WPP buys Brazil-based Corebiz to further digital commerce

WPP PLC on Monday said it bought Sao Paulo, Brazil-based e-commerce agency Corebiz for an undisclosed sum.

Corebiz employs around 600 people across Latin...

Mon, 18/07/2022 - 08:13


LONDON BRIEFING: Direct Line adds to warnings from UK motor insurers

Direct Line Insurance on Monday cautioned on ‘heightened volatility across the UK motor insurance market’, adding another warning from London-listed insurers.

‘We have seen claims...

Mon, 18/07/2022 - 08:10


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