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Next plans takeover of Russell & Bromley


By Dan McGrath

Next is reportedly planning an acquisition or at least taking a stake in family-owned shoe retailer, Russell & Bromley.

Sky News reported that the fashion retailer, which has a market capitalisation of £16.6bn, is among a number of firms in talks with Russell & Bromley’s advisers about a deal


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LendInvest agrees £175m funding with HSBC and AB CarVal

LendInvest Mortgages has announced a new long-term development finance funding partnership with AB CarVal and HSBC

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DBAY not intending to acquire TT Electronics

DBAY has announced that it has no intention of making an offer to acquire TT Electronics

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Nationwide fined £44m for financial crime control failings

Nationwide has been fined £44m by the Financial Conduct Authority (FCA) for failures in its anti-financial crime systems

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WH Smith delays full-year results announcement for second time

WH Smith has delayed its preliminary results announcement again to 19 December, after previously pushing the date back at the end of October

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Card Factory shares plummet following profit warning

Shares in Card Factory fell by over 25% in early trading after the retailer lowered its profit guidance for the year to between £55m and £60m

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Anglo American and Teck shareholders agree to $53bn merger

Shareholders at Anglo American and Canadian firm, Teck, have agreed to a merger deal valued at around $53bn.

The allotment of new shares was approved by 99.17% of Anglo American shareholders to create the group, Anglo Teck

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Aberdeen acquires CEF assets for £1.5bn

Aberdeen Investments has agreed to acquire the management of closed end fund (CEF) assets from MFS for £1.5bn

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FirstGroup acquires Tootbus operations for £17m

FirstGroup has acquired the UK sightseeing bus operations of RATP Développement SA in a deal worth £17m

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Satsuma Technology raises £40m with Bitcoin sale

Software developer Satsuma Technology has announced the sale of 579 Bitcoin to raise net proceeds of approximately £40m

RWS Holdings’ profit falls by 43% in 2025

RWS Holdings has recorded a 43% drop in its profit before tax in the year to 30 September, totalling £60.3m
Budget hits Berkeley’s half-year results

Berkeley Group has seen its sales volume fall by 8% year-on-year in the six months to 31 October as a result of a subdued market amid speculation around the recent Budget
EY faces FRC probe over unauthorised auditor reports

EY is facing an investigation from the Financial Reporting Council (FRC) in relation to the unauthorised issuance of auditor reports


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