Indivior Plc's best selling drug is losing market share slower than some analysts had predicted and its new drug is performing on target, lifting shares in the company despite its forecast of a possible loss this year.
British tobacco group Imperial Brands said it would sell its global premium cigar business as part of plans to divest assets worth 2 billion pounds ($2.61 billion) by May 2020 to cut debt and invest in vaping products and other growth areas.
Majestic Wine could sell its 200 or so branches in Britain as it shifts focus to its booming online business Naked Wines, the retailer said on Tuesday.
United Arab Emirates-based payments and foreign exchange company Finablr has confirmed plans to proceed with an initial public offer (IPO) on the London Stock Exchange, a week after the company revealed it was considering a flotation.
* Confirms plans to raise $200 mln from sale of new stock
(Adds company comment, background on European IPO market)
(This April 10 story refiles to fix scrambled syntax in paragraph five)
Shares in Stagecoach rose almost 13 percent on Wednesday after the British transport company bumped up its annual profit forecast, citing a strong performance at its rail businesses.
* Shares up 13 pct, on top of midcap index
(Adds shares, analyst comments, share movement)
Renewi's shares sank on Friday after the waste recycling specialist said it would take a 25 million euro (21.52 million pounds)hit as a result of ongoing regulatory problems with its ATM soil treatment plant in the Netherlands.
* Shares fall by more than 20 pct to hit record low
(Adds shares, details on Interserve, dividend cut, analysts