Tesco/Booker deal approved but shareholder push back likely
Tesco has been given the green light to proceed with its takeover of wholesaler and convenience store owner Booker, but whether it has the backing of major shareholders remains unclear.
Former Jupiter director makes first hire in private equity role
Ardenton Capital has announced one of the first hires at its recently-opened London office headed by former Jupiter director, Louis Wood.
Wisdom Tree poised to be world’s largest independent ETP provider
Wisdom Tree’s pending acquisition of ETF Securities’ European exchange traded commodity, currency and short-and-leveraged business is set to create the world’s largest independent ETP provider.
Sainsbury’s profits fall; Vodafone partners with Woodford favourite
Sainsbury’s interim figures underwhelmed markets on Thursday but CityFibre’s shares were through the roof as it announced a new partnership with Vodafone.
Hope for M&S clothing but weak sterling weighs on food
Analysts and markets were decidedly mixed on Marks and Spencer’s latest set of interim figures, which showed a more encouraging picture for its clothing and home business, while its traditionally stronger food business was hit by weak sterling.