American private equity firm Thoma Bravo has struck a $5.3bn (£4.3bn) deal to buy British cyber security company Darktrace in an all-cash transaction. The boards of directors of both companies …
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Freshly-listed World Chess sees revenue slip after Armageddon series but gaming firm still confident
Online platform World Chess reported a slip in revenue for the year ended December, but said it was still confident in delivering its growth strategy. The freshly-listed firm, which organises …
Senior: demand fuels growth in aerospace business
Aerospace and defence manufacturer Senior posted a trading update in line with expectations, largely driven by a big jump in sales for the aerospace side of its business as demand …
Darktrace leaving isn’t just ‘bad news’ for the LSE. It’s a crisis.
At least we’ve got Darktrace. On the cold nights of winter, wrapped up by the fire, those of us who still care about London’s equity markets could hearten ourselves with …
Everest: Jon Moulton’s double-glazing supplier crashes into administration leaving hundreds of jobs at risk
Everest, one Britain’s biggest double-glazing suppliers, has fallen into administration, leaving 350 jobs at risk. The company was acquired by British venture capitalist Jon Moulton’s investment firm Better Capital over …
Loungers trading ahead of expectations as new site roll-out boosts bottom line
Cafe and bar operator Loungers has said it is trading ahead of expectations for the year, helped by the opening of 36 new sites. The publicly listed firm, which owns …
Natwest profits slide 27 per cent but beat market expectations
Natwest’s profit slumped in the first quarter of the year but stayed ahead of market expectations as it shrugged off the worst of the mortgage downturn and expanded its lending …
Anglo American rejects BHP’s ‘opportunistic’ £31.1bn mega-deal
Mining giant Anglo American has rejected BHP Group’s £31.1bn proposal after concluding the plan would undervalue its future prospects. The talk of a potential mega-deal from BHP to buy up …
Slowdown in housebuilding hits Brickability’s top line
Sluggish housing market activity affected sales at construction materials group Brickability last year and could continue to impact the company’s growth in the year ahead. In a trading update issued …
Pearson ‘pleased’ with pivot to AI but Virtual Schools slow again
Educational publisher Pearson has said it is happy with how its pivot to become a technology-driven company is going, as it reported small growth in first quarter results on Friday. …