PRS REIT attempts to negotiate with rogue shareholders
Embattled PRS REIT has promised to negotiate with the group threatening to take control of its business. Last week, the investment trust faced calls from a group of investors, including…
Embattled PRS REIT has promised to negotiate with the group threatening to take control of its business. Last week, the investment trust faced calls from a group of investors, including…
Australian property giant REA Group, backed by Rupert Murdoch’s News Corp, is considering a £4.4bn takeover bid for UK competitor Rightmove. In a statement to the Asutralian stock exchange, property…
London-listed software provider Kainos has downgraded its revenue forecast for 2025 after a subdued start to the year and more aggressive pricing among its partners. Management said it expected adjusted pre-tax…
Londonmetric has completed £70m worth of acquisitions and offloaded £50m of assets in the real estate investment trust’s (REIT) latest dealmaking spree. The news comes after Londonmetric’s takeover of LXi…
Novelty bar operator XP Factory topped market expectations today after a boost in Brits looking for competitive nights out with activities like axe throwing and mini golf. Group revenue more…
Private equity firm Oakley Capital has sold the digital learning platform Ocean Technologies Group (OTG) to the maritime classification society Lloyd’s Register for an undisclosed sum. London-listed Oakley said on Monday…
The Phoenix-run Aurora Investment Trust has proposed a takeover of the Artemis Alpha Trust, which would see the two trusts merge to combine £353m of assets. The £123.7m Artemis trust…
The UK’s culture secretary has slammed the “vastly inflated” selling of Oasis tickets as “depressing”, as she announced that dynamic pricing will be included in an upcoming government review of…
Starbucks CEO Brian Niccol has attracted controversy for commuting by private jet, but in an increasingly complicated global business environment it can take sky-high perks to attract the right talent,…
Samuel Pepys fundamentally shaped how we think about the City, let’s celebrate him this Pepys day, writes Lord Mayor Michael Mainelli Jane called us up about three in the morning,…