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BHP stands down from Anglo American combination proposal


By Dan McGrath

BHP has revealed it is no longer considering a combination with FTSE 100 British mining firm, Anglo American.

The statement from the Australian firm comes after Anglo American rejected a £39bn bid in May last year


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TT Electronics reiterates profit guidance but requires ‘step up’

TT Electronics has reiterated its full-year guidance after reporting group revenue of £150.4m in the four-month period to 25 October

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IMI agrees £225m sale of Truflo Marine business

Engineering company IMI has agreed to sell its Truflo Marine business to US group Fairbanks Morse Defense in a deal worth £225m

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Walker Crips agrees to £5.96m takeover offer

Walker Crips has agreed to a £5.96m acquisition offer from investment and wealth management firm, PhillipCapital

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Babcock boosted by £9.9bn backlog

Babcock International has maintained its full-year profit guidance after revealing it has a £9.9bn contract backlog

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Asda sells off store sites to raise £568m

Asda has agreed to sell 24 of its store sites and a depot in a deal that will raise £568m

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Asos shares fall as it records revenue drop

Asos has seen its share price drop by over 8% after its underlying revenue fell by 14% to £2.5bn in the year to 31 August

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Halma reports healthy H1 growth

Halma has reported a 29.3% jump in adjusted pre-tax profit in its latest first half results, which totalled £270.5m for the period

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FRP Advisory posts revenue and earnings growth

FRP Advisory has revealed it is expecting a 12% annual jump in its first half revenue to £87m

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Games Workshop shares jump 11% following H1 update

Shares in Games Workshop increased by over 11% this morning after the firm forecast a 15% year-on-year revenue increase to £310m for the six months to 30 November

Dr Martens warns of US tariff hit

Dr Martens has warned that its full-year results will be hit by US import tariffs and that it may raise prices in the US to offset the hit
WH Smith CEO steps down following Deloitte accounting review

The chief executive officer (CEO) at WH Smith, Carl Cowling, has offered his resignation following accounting errors in the firm’s North America division earlier this year
Hollywood Bowl announces CFO transition

Hollywood Bowl has announced that its chief financial officer (CFO), Laurence Keen, is set to be appointed as chief executive officer (CEO) for its Canada division


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