Page 13 - Gresham House News Today

UK consumer stocks, most of which are naturally defensive companies in a recession, have held up relatively well in the face of the cost of living crisis.

Microsoft agreed that if its pursuit of Activision is successful it will licence its game Call of Duty to PlayStation console maker Sony for another decade.

The board of the 166-year-old City firm has agreed to be swallowed up by US outfit Searchlight Capital - subject to agreement by shareholders.

Gresham House and Bidco, a newly formed company created by funds advised by Searchlight, said that it had agreed to the terms of a proposed final cash offer for the company’s whole issued share capital.

The Gresham House purchase has been described by shareholders as “bittersweet”, as yet another UK listed business leaves the London bourses.

London Stocks Seen Opening Lower 0650 GMT - The FTSE 100 index is expected to open around 41.5 points lower, according to IG, having closed on Friday at 7434.57, tracking falls in Asian stocks...

By Elena Vardon Gresham House on Monday agreed to be taken over by Searchlight Capital Partners in a deal that values the asset manager at around 469.8...

A set of data showing that inflation is cooling faster than expected in the US helped the UK market end last week on a higher note. The FTSE 100 was flat on Friday but rose 2.5% for the week.

UKs FTSE 100 slipped on Monday, with mining stocks leading declines after weak economic data from top commodities consumer China knocked down metal prices, while energy stocks lost ground tracking a...

A specialist asset manager that has long been a stalwart of the City of London is selling itself to a private equity firm for about £470 million.The takeover