Latest News

Debenhams returns to growth in Q1


By Dan McGrath

Debenhams Group has announced that it has returned to growth in the first quarter of its financial year, with group gross merchandise value (GMV) increasing by 0.5% year-on-year.

The fashion group, which recently rebranded from Boohoo Group, said that its trading in May was “particularly strong”, with GMV growth of around 8%


Story 2

Shares jump for B&M as turnaround plan progresses

B&M saw its shares jump nearly 16% today after reporting FY26 results that pointed to early progress in its turnaround strategy, despite a sharp fall in profits during the year

Story 3

Howdens to acquire DIY Kitchens for £390m

Howdens has agreed to acquire DIY Kitchens for an enterprise value of £390m on a cash and debt-free basis

Story 4

Tritax Big Box sells £199m logistics portfolio with an eye on data centres

Tritax Big Box REIT has completed the sale of six logistics assets to EQT Real Estate for £199m as part of its strategy to recycle capital into higher-returning logistics developments and data centre projects

Story 5

easyJet shares jump on Castlelake takeover interest

Budget airline easyJet has confirmed that private investment firm Castlelake is considering a potential takeover offer, prompting a sharp rise in the company's share price and fuelling speculation over another possible departure from the London stock market

Story 6

BAT shares drop following lower cigarette volume guidance

British American Tobacco (BAT) has seen its share price drop by 3% after it stated that its global cigarette industry volume is expected to be down by 2.5% in the full year, after previously setting guidance at 2%

Story 7

GB Group reports statutory loss following impairment charge

GB Group has reported a loss before tax of £74.5m in the year to 31 March, following a non-cash impairment charge of £73.1m

Story 8

Central Asia Metals to acquire Cygnus Metals

London-based Central Asia Metals (CAML) has agreed to acquire Cygnus Metals in an all-share deal valued at approximately £123m, adding the Chibougamau copper-gold project in Québec to its portfolio and significantly expanding its exposure to copper and North America

Story 9

Drax to acquire Bluefield Solar for £548m

Drax has agreed to acquire renewable infrastructure investor Bluefield Solar Income Fund (BSIF) in a recommended all-cash deal valued at approximately £548m, making it one of the largest acquisitions in the energy group's history

Story 10

Anglian Water completes £500m funding commitment

Anglian Water has completed its £500m shareholder equity injection programme after receiving the final £200m tranche, fulfilling the commitment first announced in 2025.

TMF Group names Christoph Hobo as new CFO

TMF Group has appointed Christoph Hobo as its new chief financial officer (CFO), effective 1 July 2026, succeeding Patrick de Graaf, who is retiring after seven years in the role.
PPHE receives £930m acquisition offer from Israeli hotel group

PPHE has received a £930m acquisition offer from the Israeli hotel group, Fattal
Renewables cloud strong SSE results

SSE has reported a strong year of operational and financial performance, delivering earnings at the top end of guidance and a record investment year, but the results came with a market concern around renewables targets.

The Perth-headquartered energy group said results came in towards the upper end of guidance, supported by strong contributions from its transmission business, where profits rose by around 75% year-on-year as investment in the electricity grid accelerated


View More News

BANNER

BANNER

FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Tick here to confirm you are happy to receive news and promotions sent by Corporate Finance News that you can opt out of at any time.


© 2019 Perspective Publishing     Privacy & Cookies