Components manufacturer TT Electronics has downgraded its guidance as it struggles with “operational efficiency issues” at two of its North American sites, it said today. The London-listed company, which is headquartered …
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Playtech spices up deal with Mexican venture Caliplay
Playtech has renegotiated its terms with Mexican gambling operator Caliente, securing a 30.8 per cent equity stake in Caliente Interactive, the new holding company for Caliplay, incorporated in the United …
Close Brothers boss to take temporary medical leave of absence
Adrian Sainsbury, boss of merchant bank Close Brothers, has taken a “temporary medical leave of absence” from the business. In a statement to the market, the bank said it has …
Science in Sport: Revenue down by a quarter but restructuring will ‘return firm to growth’
Nutrition specialist Science in Sport has said it is confident that the business will “return to growth” after a sharp drop in revenue during the first half of the year. …
TI Fluid Systems rebuffs bid from Apollo-backed ABC Technologies
British car part supplier TI Fluid Systems has rejected two offers from rival Canadian firm ABC Technologies, concluding they “significantly undervalued” the London-listed firm. The FTSE 250 constituent, which specialises …
JTC snaps up Citi Trust as it continues transatlantic takeover spree
FTSE 250 corporate solutions firm JTC has struck an $80m (£60.7m) deal to expand its financial services division with a new acquisition – the latest in a string of recent …
Keywords expects better second half as video game sector picks up
Video game developer Keywords Studios said it expects a better performance in the second half of the year, as organic growth for the first half after came in lower than …
Henry Boot: Property developer takes key step toward 3,000-plot goal with major Coventry land sale
Property developer Henry Boot has taken a significant step toward its goal of selling 3,000 plots this year, after completing a sale of nearly 500 plots to a national house …
Facilties at ADF: ‘Momentum is returning’ to to UK film market after strikes
Film and TV production trailer provider Facilities by ADF has reported a “resilient market performance” despite a turbulent year in the film industry due to the Hollywood writers and actors …
Brazilian clubs have always exported footballers. Now they’re importing them too
The flow of footballers between Brazil and Europe has historically tended to be something of a one-way street, with the cream of Latin American talent lured across the ocean by …