Hut Group in board changes to improve governance
Manchester-based online beauty and nutrition retail giant The Hut Group (THG) on Friday announced changes to the structure and composition of its board committees — including…
July 2021
Wakefield’s Team17 buys Dublin-based StoryToys
Wakefield-based video game developer Team17 Group said on Friday it agreed to acquire the business and assets of Dublin-StoryToys via the acquisition of its parent company TouchPress Inc. StoryToys…
Morrisons shareholder urges CD&R to bid £6.5bn
JO Hambro Capital Management, a top 10 shareholder in Bradford-based supermarket giant Morrisons, has called on US private equity firm Clayton, Dubilier & Rice (CD&R) to…
Drax acquires stake in Alabama Pellets
North Yorkshire-based power company Drax Group announced it agreed to acquire a 20% minority interest in Alabama Pellets, LLC — a joint venture which owns the…
Revolution Bars trading at 86% of 2019 levels
Shares of Greater Manchester-based Revolution Bars Group plc rose about 5% on Thursday as it published a stock exchange update saying its trading since May 17 has…
Lookers revenue fell 23% to £3.7bn, but 2021 strong
Altrincham-based car dealership Lookers plc said on Thursday its revenue fell 23% to £3.7 billion in the year to December 31, 2020 “impacted by lockdown and…
Cussons expects profit ahead of consensus
Manchester-based consumer products company PZ Cussons said on Thursday it expects its adjusted profit before tax to be “ahead of the consensus and the prior year.”…
Bolton’s AO World eyes European expansion
Bolton-based online electrical retailer AO World plc said on Thursday its group adjusted EBITDA increased 191% to £64 million in the year to March 31 as…
JD Sports bows to pressure, splits chairman-CEO roles
Bury-based FTSE 100 retailer JD Sports Fashion Plc has bowed to shareholder criticism of its corporate governance by announcing in an AGM statement it will…
Nissan plans £1bn electric vehicle hub in Sunderland
Nissan has unveiled a £1 billion flagship Electric Vehicle (EV) Hub called Nissan EV36Zero to create “a world-first EV manufacturing ecosystem” at its Sunderland plant….