Company news from ShareCast

BMW and Daimler invest €1bn in new joint car venture

Fri 22 February 2019 14:37

(Sharecast News) - BMW and Daimler announced on Friday they would invest €1bn in a new joint venture which will develop driverless vehicles, ride-hailing services and parking services.

SFO closes Rolls-Royce and GSK investigations

Fri 22 February 2019 12:11

(Sharecast News) - The Serious Fraud Office has closed its investigations into alleged bribery at GlaxoSmithKline and Rolls-Royce, it said on Friday.

U+I sells Brighton residential sites, faces delays in Kensington

Fri 22 February 2019 10:48

(Sharecast News) - Specialist regeneration developer U+I has completed the sale of the residential sites at Preston Barracks in Brighton, it announced on Friday, while also updating the market on the planning status of its scheme at Kensington Church Stre

Hexatronic extends supply relationship with CityFibre

Fri 22 February 2019 10:45

(Sharecast News) - Hexatronic has signed a framework supply agreement with CityFibre, to supply the fibre optic infrastructure firm with passive fibre optic solutions including fibre optic cables, micro duct, connection boxes and aerial nodes, it announce

Kraft Heinz under investigation from SEC

Fri 22 February 2019 09:38

(Sharecast News) - The US Securities Exchange Commission is investigating Kraft Heinz's accounting practices, the US foods colossus revealed as it reported huge quarterly losses and cut its dividend.

Vodafone eyes Italian 5G network collaboration

Fri 22 February 2019 09:26

(Sharecast News) - Vodafone's Italian arm has agreed to enter into a network sharing partnership for both 4G and 5G with Telecom Italia, with both companies also weighing a merger of their 22,000 towers in the country.

Centrica renews £2.4bn revolving credit facility

Fri 22 February 2019 07:52

(Sharecast News) - Centrica on Friday said it had rolled over a £4.2bn credit facility with a maturity date of 2024.

Stobart confirms sale of Stobart Air to Connect Group consortium

Fri 22 February 2019 07:49

(Sharecast News) - Stobart Group confirmed on Friday that the sale and purchase agreement by which its wholly-owned subsidiary Stobart Aviation was disposing of of its shares in Everdeal Holdings, through which it owns Stobart Air had become unconditional

Merlin Entertainments sells Australian ski resorts for £95m

Fri 22 February 2019 07:44

(Sharecast News) - Legoland and Madame Tussauds owner Merlin Entertainments has sold its Australian ski resorts, Hotham and Falls Creek, to Vail Resorts, for AUD174m (£95m).

Dairy Crest recommends offer from Canada's Saputo

Fri 22 February 2019 07:39

(Sharecast News) - Dairy Crest directors have recommended a cash takeover bid from Canada's Saputo that values the Cathedral City cheese maker at £975m.