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Tanishaa Nadkar

UK's Slug and Lettuce owner to buy pub chain Ei for 1.3 billion pounds

Jul 18 2019

Slug and Lettuce pub chain owner Stonegate on Thursday said it agreed to buy larger rival Ei Group for 1.27 billion pounds ($1.58 billion), taking control of some 4,000 additional pubs to become Britain's biggest pub operator.

UPDATE 2-Irn-Bru maker A.G. Barr sinks on profit warning

Jul 16 2019

* Poor weather and brand challenges also hurt performance (Adds details on pricing, shares, analyst comments)

Macquarie's MEIF 6 Fibre unit to buy UK telecoms firm KCOM

Jul 12 2019

Macquarie unit MEIF 6 Fibre Ltd is to buy KCOM Group Plc in a deal that values the British telecoms company at 627 million pounds ($787.5 million), ending a bidding war with a UK pension fund.

UPDATE 2-PageGroup sounds alarm as Brexit, trade tariffs squeeze recruitment firms

Jul 10 2019

* Trade war, Brexit, Hong Kong protests hurt client confidence

Imperial Brands drops dividend growth target, plans $251 million share buyback

Jul 08 2019

British tobacco company Imperial Brands Plc will drop its 10% dividend growth target from next year to focus on developing its e-cigarette portfolio and plans to buy back shares worth up to 200 million pounds ($251 million).

UPDATE 3-JD Sports counters retail gloom with global expansion, gym style push

Jul 03 2019

* Analyst sees scope for winning market share (Adds AGM results, comment)

Fastjet CEO Bezuidenhout returns to Mango to lead turnaround

Jul 02 2019

South Africa's Mango Airlines has rehired Nico Bezuidenhout as chief executive to speed up its recovery plan, turning to an executive who led the business for nearly a decade and recently steered Africa's Fastjet back from financial crisis.

Wet June hurts Greene King pub sales but robust 2018 lifts shares

Jun 27 2019

British pub operator Greene King Plc said a wet summer so far and poor sentiment had hurt its sales in its new financial year, but it posted higher-than-expected annual profit in the previous 12 months, driving shares up some 4%.

REFILE-UPDATE 2-Wet June hurts Greene King pub sales but robust 2018 lifts shares

Jun 27 2019

June 27 British pub operator Greene King Plc said a wet summer so far and poor sentiment had hurt its sales in its new financial year, but it posted higher-than-expected annual profit in the previous 12 months, driving shares up some 4%.

All aboard Stagecoach buses as trains leave the station

Jun 26 2019

Rail operator Stagecoach is preparing for a future as a smaller firm operating buses and trams in Britain, as it faces exclusion from three important rail routes that could cost the company 1 billion pounds.

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