Co-op Bank looks for merger as it posts profit
Manchester-based Co-operative Bank — recently rebuffed by Spain’s Banco Sabadell in an audacious £1 billion approach for its TSB Bank subsidiary — on Friday posted a third…
November 2021
Progeny acquires J M Glendinning Financial Services
Professional services firm Progeny has announced the acquisition of Guiseley, Yorkshire-based financial advisers J M Glendinning Financial Services. Glendinning was established in 1987 and specialises in…
Regulator forces JD Sports to sell Footasylum
The UK’s Competition and Markets Authority (CMA) said on Thursday it has instructed Bury-based FTSE 100 retailer JD Sports Fashion Plc to sell Rochdale-based Footasylum…
Landsec pays £425m for 75% of Salford’s MediaCity
Landsec announced on Wednesday it has acquired a majority stake in MediaCity, the 37-acre media, digital and tech hub in Salford, Greater Manchester previously owned…
Pets at Home CEO to step down; trading strong
Wilmslow-based pet and vet retailer Pets at Home Group said on Wednesday that its CEO Peter Pritchard has “agreed with the board that he intends to…
James Fisher sells materials testing services unit
Barrow-in-Furness international marine engineering company James Fisher and Sons plc announced the sale of James Fisher Testing Services (JFTS) from its marine support division for…
Rolls-Royce, Qatar to invest billions in green startups
Rolls-Royce and Qatar Foundation have announced they will enter into a long-term partnership to create a global centre for climate technology innovation — and construct…
Avacta shares fall 9% as it awaits Covid test approval
Shares of Wetherby-based diagnostics company Avacta Group plc fell about 9% on Tuesday after it said it has suspended further sales of its AffiDX SARS-CoV-2 Lateral…
BlackRock to sell half its stake in Manchester’s THG
BlackRock, the second-largest shareholder in troubled Manchester e-commerce, beauty and nutrition giant THG plc, is selling nearly half its stake in the company at a 10%…
Greencoat buys £250m stake in Liverpool wind farm
Renewable infrastructure fund Greencoat UK Wind plc (UKW) has agreed to acquire a 25% stake in Burbo Bank Extension offshore wind farm near Liverpool from…
Blackrock funds ‘selling 55m shares in THG’
Funds managed by Blackrock are selling about 55 million shares in troubled Manchester-based e-commerce, beauty and nutrition giant THG plc, Reuters reported, citing a bookrunner. Blackrock…
Sheffield’s SIG plans €300m bond sale
Sheffield-based international building materials supplier SIG plc said on Monday it has mandated bookrunners to carry out roadshows for a proposed debt offering of €300 million…
Redx Pharma hires J&J veteran Jane Griffiths as chair
Alderley Park-based Redx Pharma, the drug discovery and development company focused on oncology and fibrosis, announced the appointment of Jane Griffiths as its non-executive chair,…