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26 May 2021 | 08:34am StockMarketWire.com - UK stocks edged higher in early trade on Wednesday, buoyed by two takeover deals in the local healthcare sector worth around £1 billion each. At 0822, the benchmark FTSE 100 index was up 5.76 points, or less than 0.1%, at 7,035.55. Private hospital group Spire Healthcare surged 26% to 243.5p on announcing that it had agreed to be acquired by Australia s Ramsay Health Care for £999.6 million. Spire shareholders would receive 240p per share, a 24% premium to the company s latest closing price before the deal was announced. Inhaled-treatment focused Vectura rallied 31% to 160.01p after it agreed to be acquired by by US investment firm Carlyle Group for about £958 million. ....
14 April 2021 | 07:51am StockMarketWire.com - Real estate company British Land said it had collected 82% of total rent for fiscal 2021. In offices, the company had collected 99% of rent for FY21, while 70% of rent was collected for retail. Across the business, £83 million of rent was due for payment in the March 2021 quarter, comprising of £40 million in retail and £43 million in offices. The company said it expected the quarterly rent collection rates to improve over coming weeks in line with previous quarters. As of 12 April 2021, 11 working days after the quarter end, the company had collected 76% of the total amount. For rent due in March, 96% of office rent had been collected and 54% of retail as of 12 April. ....
19 January 2021 | 07:37am StockMarketWire.com - Real estate company British Land said it had appointed Bhavesh Mistry as chief financial officer. Mistry was currently deputy CFO at Tesco, a position he had held for over two years. Prior to that Mistry spent more than five years at Whitbread, where he was finance director of that company s hotels and restaurants business. Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. Latest share price and company details: ....