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.
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.
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.