Shares in Hugo Boss rose on 21 May as it was believed that Frasers Group was planning to make a bid for the German business. It has now denied this. Hugo
Former BHS store in Coventry taken over by Sports Direct owner
The building, which has been empty since 2016, will house four high street brands and a gaming arena
Updated
The former BHS store in Coventry city centre (Image: Coventry City Council)
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TRADING UPDATES: Mattioli Woods proposes acquisitions and fundraise
Wed, 26th May 2021 19:50
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Mattioli Woods PLC - UK-based wealth management services provider - Proposes acquisition of Maven, a leading private equity investor in UK SMEs and alternative asset manager for GBP100.0 million. Proposes acquisition of Ludlow Wealth Management, a financial planning business in the North West of England with assets under advice of GBP1.6 billion, for up to GBP43.5 million. Says acquisitions in line with its strategy to accelerate growth through strategic acquisitions while enhancing organic growth opportunities; adding scale, distribution and product . Says acquisitions are expected to be earnings accretive in the first full year of ownership. Proposes fundraise via share issuance at fixed price of 660 pence per share to raise GBP110 millio
Covid sent shopper numbers plunging and left offices empty. It resulted in a third annual loss in a row for British Land, whose empire includes Sheffield s Meadowhall shopping centre (pictured) .