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Company news from ShareCast

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

IDS subsidiary GLS to buy 20% stake in Greek courier firm ACS

Mon 21 October 2024 17:25

(Sharecast News) - International Distribution Services - the parent company of Royal Mail - said on Monday that subsidiary GLS has agreed to buy a 20% stake in Greek courier firm ACS Postal Services from Quest Holdings for €74m (£62m).

Disney names new chair as CEO search continues

Mon 21 October 2024 14:53

(Sharecast News) - The Walt Disney Company is poaching Morgan Stanley's executive chairman James Gorman to helm the board, and said it expected to announce a successor to chief executive Bob Iger in 2026.

Kenvue shares jump as activist investor Starboard buys in

Mon 21 October 2024 14:09

(Sharecast News) - Shares in American consumer health products group Kenvue were surging on Monday morning on reports that activist investor Starboard Value has amassed a "sizeable stake" in the company.

Ocado lining up former Microsoft executive as next chairman - report

Mon 21 October 2024 13:37

(Sharecast News) - A former Microsoft executive is reportedly being lined up as the next chairman of Ocado Group.

Sanofi to sell 50% stake in Opella to CD&R

Mon 21 October 2024 12:55

(Sharecast News) - Sanofi said on Monday that it has agreed to sell a 50% stake in its consumer healthcare business, Opella, to US private equity firm Clayton, Dubilier & Rice in a €16bn deal.

Tristel full-year results top market expectations

Mon 21 October 2024 12:49

(Sharecast News) - Infection prevention products manufacturer Tristel announced its audited results for the year ended 30 June on Monday, surpassing market expectations.

PureTech's Seaport closes $225m series B round

Mon 21 October 2024 12:45

(Sharecast News) - PureTech Health announced on Monday that Seaport Therapeutics, a company it founded, has closed an oversubscribed $225m series B financing round.

Ocean Wilsons agrees sale of Wilson Sons stake

Mon 21 October 2024 12:43

(Sharecast News) - Ocean Wilsons announced on Monday that its subsidiary OW Overseas Investments has agreed to sell its 56.47% stake in Brazilian port operator Wilson Sons to SAS Shipping Agencies Services, a subsidiary of MSC Mediterranean Shipping Compa

Ricardo to offload defence business

Mon 21 October 2024 12:42

(Sharecast News) - Ricardo announced its intention to divest its defence business on Monday, as part of its broader strategy to focus on environmental and energy transition consulting.

Starwood European Real Estate impairs Ireland office portfolio loan

Mon 21 October 2024 12:32

(Sharecast News) - Starwood European Real Estate Finance (SWEF) updated the market on its loan investment in its Ireland office portfolio on Monday, reporting a remaining balance including accrued interest of €25.9m as at 30 September.