News

Utilico Emerging Markets Investment Trust: June 2025 Monthly Update
In this video, Mark Lebbell, Senior Analyst at Utilico Emerging Markets investment Trust (UEM) dives into the portfolio's ...
Braveheart narrows annual loss as portfolio companies advance
(Alliance News) - Braveheart Investment Group PLC on Wednesday reported a sharply narrowed annual loss, helped by fewer impairments and steady progress across its portfolio of early-stage technology ...
Tritax loses grip on Warehouse REIT as higher Blackstone bid beckons
Both Warehouse and Tritax are London-based real estate investment trust that invest in large logistics warehouses. In early June, Warehouse REIT had agreed to a takeover from New York-based private ...
Flutter Entertainment takes control of FanDuel in USD1.76 billion deal
Flutter first acquired a controlling stake in FanDuel in 2018 and increased its ownership to 95% in a USD4.1 billion deal in 2020.
LONDON BRIEFING: BP impairment hit; Warehouse REIT backs Blackstone
(Alliance News) - BP on Friday warned of impairments of up to USD1.5 billion in its upcoming second quarter numbers, Warehouse REIT threw its support behind a new Blackstone takeover offer, while ...
Merck & Co snaps up respiratory drug maker Verona for USD10 billion
Merck will fork out USD107 per American depository share in Verona, the Rahway, New Jersey-based pharmaceutical firm said. Each ADS represents eight Verona ordinary shares. The sum is a 23% premium to ...
Legal & General agrees private credit partnership deal with Blackstone
(Alliance News) - Legal & General Group PLC on Thursday announced a private credit partnership agreement with Blackstone Inc that it said will help address growing demand for public-private hybrid ...
Jupiter Fund to buy non-profit asset manager CCLA for GBP100 million
The London-based investment manager called it "a significant step forward" in its UK expansion plans. CCLA, also based in London, focuses on investments in the non-profit sector, with around GBP15 ...
Dr Martens maintains guidance as financial year starts steadily
(Alliance News) - Dr Martens PLC on Thursday left its guidance unchanged as it said its financial year has started in line with expectations. The London-based bootmaker said it has continued to see ...
Aterian hails positive lithium results at Rio Tinto venture in Rwanda
(Alliance News) - Aterian PLC on Thursday reported positive results from a drilling campaign at the HCK project in Rwanda, held under a joint venture with Rio Tinto PLC. The Africa-focused mining ...
LONDON MARKET OPEN: FTSE 100 and DAX 40 power to record highs
The FTSE 100 index surged 85.47 points, 1.0%, to 8,952.49, a new record high. The FTSE 250 was up 48.45 points, 0.2%, at 21,616.31, and the AIM All-Share was up 0.77 of a point, 0.1%, at 771.20.
DCC eyes annual operating profit growth as simplification progressing
DCC expects the financial year ending March 31, 2026, to be a year of "good operating profit growth".