Eddie Stobart's shareholders on Friday voted in favor of a takeover from top investor DBAY Advisors, allowing the logistics company's green and red trucks to continue trading.
LONDON British fund manager M&G Investments suspended dealing in its flagship UK property fund on Wednesday, blaming Brexit uncertainty and weakness in the retail sector for a surge in investor requests to cash out.
Dec 4 Metro Bank chief executive Craig
Donaldson is leaving after a torrid year in which the British
lender was engulfed in a damaging accounting scandal that has
also cost it its chairman and wiped 90% off its market value.
LONDON/NEW YORK Global reinsurers are stepping up their warnings to life insurer clients about the potential risks of vaping, putting pressure on underwriters to charge certain vapers higher rates than smokers, or even exclude them altogether. | Video
Rail and bus operator Go-Ahead slightly lowered its expectations for its UK regional bus division's annual financial performance, as it takes longer to bring a new Manchester bus company up to speed and battles costs.
Compass Group warned on Tuesday that deteriorating consumer and business confidence in Europe had hurt volumes and margins at its company catering services, sending shares almost 8% lower.
British outsourcer Mitie Group Plc said on Thursday that revenue growth would be affected by economic uncertainty induced by Brexit and upcoming elections as clients hold back on committing to new projects.
LONDON Chinese power generation group SDIC is pressing ahead with plans to launch an offering of global depositary receipts (GDRs) in London under a link with the Shanghai exchange, defying a dismal season for stock listings in Europe.
LONDON The British Government has indicated it is likely to allow Advent's $5 billion (£3.9 million) purchase of defence company Cobham after the U.S. private equity group offered a number of commitments to address national security concerns.