UK service sector output grows at fastest pace since May 2023
UK service sector output grew in April at its fastest pace since May 2023, according to a survey released on Friday.
Source: sharecast.com
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CMA set for deeper probe of Pennon's SES acquisition
Pennon Group worked to assure the market that its acquisition of Sutton and East Surrey Water (SES Water) would avoid a deeper competition probe on Friday, telling shareholders that it planned to offer “appropriate undertakings” to regulators.
Source: sharecast.com
Asda refinances £3.2bn of debt - Sharecast.com
Asda said on Friday that it has successfully refinanced more than £3.2bn of its debt, pushing out the majority of its maturities into the next decade.
Source: sharecast.com
Tekmar sells Subsea Innovation in £1.9m deal
Tekmar Group announced the sale of Subsea Innovation (SIL) to Unique Group on Friday, through its subsidiary Unique System UK, for a total cash consideration of £1.9m.
Source: sharecast.com
London close: Stocks rise as US payrolls come in weaker
London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.
Source: sharecast.com