International distribution and services group Bunzl said revenue in the first quarter fell 2.4% on a constant currency basis, driven by lower volumes in its US foodservice redistribution business, American retail customers clearing inventory and deflation.
Shares in advertising agency M&C Saatchi fell on Wednesday after the company reported a 10% drop in annual profits which it blamed on "challenging market dynamics", though it said it first-quarter trading had been encouraging.
Credit data firm Experian has agreed to buy Illion, one of the leading consumer and commercial credit bureaus in Australia and New Zealand, for up to AUD820m (£427.2m).