Private equity giant Bain Capital is reportedly considering selling British motor and home insurer esure in the latest sign of M&A in the sector. Bain has lined up advisers including …
Estate Planning
Rahm outlines Ryder Cup ambition after clinching LIV Golf title
Jon Rahm has confirmed he hopes to play for Europe in next year’s Ryder Cup after winning the LIV Golf League individual title. Rahm won the final counting event in …
Wilmington: Profit and revenue soar at data provider
Data provider Wilmington has hailed “another strong year” after it posted double-digit profit growth and revenue. The London-listed firm, which in the summer offloaded its UK healthcare unity for £26.3m, …
Phoenix Group discontinues Sunlife sale as firm reports profit boost
FTSE 100 pensions giant Phoenix Group said that it had “discontinued” the Sunlife sale process as the firm reported a solid increase in profit in the first half. The firm …
Toyota: Revenue surges despite drop in UK market share
Sales at the UK arm of car making giant Toyota jumped by almost £600m to pass £3.5bn during its latest financial year despite a drop in market share. The Surrey-headquartered …
Kia joins UK rivals in sales surge as it nears £3bn mark
Turnover at the UK and Ireland arm of South Korean car making giant Kia accelerated closer to the £3bn mark during its latest financial year. Newly-filed accounts with Companies House …
TT Electronics issues profit warning amid ongoing challenges at US factories
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 …
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. …