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Sigma walks away from Boots acquisition talks


By Goran Nastic

Sigma Healthcare has withdrawn from discussions to acquire Boots after concluding the potential transaction did not align with its strategic priorities or capital allocation objectives.

In a statement today, Sigma said that following an initial review it had determined that an acquisition of the UK pharmacy and retail chain “would not currently meet its strategic and capital investment objectives”


Story 2

Frasers in £166m bid for Accent Group

Frasers Group has launched an all-cash takeover offer to acquire the shares it does not already own in Australian retail business Accent Group, motivated by concerns about Accent’s management, governance, and financial performance.

Story 3

Reabold confirms Union Jack Oil approach

Reabold has confirmed that it is in discussions with Union Jack Oil regarding an all-share offer to combine the firms

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Frasers makes £1.7bn acquisition bid for Hugo Boss

Frasers Group has launched a £1.7bn acquisition bid to acquire the remaining shares in its key brand partner, Hugo Boss, with a cash offer of €38 per share.

Under the voluntary public takeover offer, the British group will acquire all of the non-par value registered shares in the German firm which it does not already hold, corresponding to approximately 73.94% of the share capital

Story 5

Halma shares drop despite record revenue and earnings

Halma has recorded an almost 16% drop in its share price, despite posting record revenues and adjusted earnings in the year to 31 March

Story 6

SpaceX raises $75bn in record-breaking IPO

SpaceX has raised $75bn in a record-breaking IPO

Story 7

CMA launches investigation into Ryanair’s family seating charges

The Competition and Markets Authority (CMA) has launched an investigation into Ryanair, examining the charge it places on parents and guardians to sit with their children on flights

Story 8

Titan Wealth to add £900m of AUA with acquisition of Progeny International

Titan Wealth is set to acquire Progeny International, adding approximately £900m of assets under advice (AUA) to its international business

Story 9

Flutter Entertainment to delist from LSE

Online sports betting and gambling company, Flutter Entertainment, has announced its intention to delist its ordinary shares from the London Stock Exchange (LSE)

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Glas Cymru welcomes new CFO

Glas Cymru has appointed Mick Jeavons as its new CFO

WH Smith shares drop as it announces capital raise

Shares in WH Smith have plummeted by over 16% after the travel retailer announced a proposed £100m share capital raise.

The firm said that it has placed the raise after experiencing a turndown in trading conditions as a result of the Middle East conflict, which has impacted airline passenger numbers
Forterra CFO to step down

Forterra’s CFO, Ben Guyatt, has announced that he is to step down from the role later this year
Pennon returns to profit in FY26

Pennon has announced that it has returned to an underlying profit before tax of £135.1m in the year to 31 March, after posting a loss of £35.1m in the previous year


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