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easyJet keeps takeover talks alive after rejecting fourth Castlelake bid


By Goran Nastic

easyJet has rejected a fourth takeover proposal from investment firm Castlelake but this time hinted that a deal could still be possible if a higher offer emerges.

The airline continues to spur the advances of Castlelake, but crucially has toned its language to suggest that a deal may be on the table at the right price.


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AMS accepts £659m acquisition offer from H.B. Fuller

Advanced Medical Solutions Group (AMS) has accepted a £659m takeover offer from the US adhesives manufacturer, H.B. Fuller

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Halfords shares jump as it looks to reach top-end of profit guidance

Shares in Halfords increased by almost 16% after the motoring and cycling services retailer announced that it expects its profit before tax to reach the top end of its guidance range

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Moonpig shares soar after new CEO delivers strong FY25

Shares of Moonpig jumped to a new 52-week high, and by as much as 18% at one point today today, after the online greetings and gifting group reported strong full-year 2025 results under new CEO Catherine Faiers

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Segro rejects £12.6bn Prologis takeover approach

Segro has rejected a £12.6bn takeover proposal from US logistics property giant Prologis, dismissing the all-share approach as opportunistic and undervaluing the business.

Prologis revealed it submitted an indicative proposal on 16 June to acquire the entire issued and to be issued share capital of the FTSE 100 warehouse and industrial property group, which is Europe’s largest warehouse landlord

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Pharos and Ratio agree takeover terms to scale future growth

Pharos Energy has agreed a recommended acquisition by Israel-based Ratio Petroleum Energy in a deal that values the London-listed oil and gas producer at £124.3m

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THG trades in line with expectations

THG has reported a strong start to its current financial year, stating that its full year revenue and earnings are expected to land in line with expectations

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Telecom Plus shares fall 30% on five-year growth plan

Telecom Plus, which trades as Utility Warehouse, has unveiled a five-year strategy aimed at more than doubling its multi-service customer base to over one million by FY31, supported by a significant investment programme that has spooked shareholders.

The company, best known as the UK’s only multi-utility service provider, bundling energy, broadband, mobile and insurance into a single monthly bill, plans to invest around £55m annually through the profit and loss account to achieve its target

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B&M announces new CFO

B&M has appointed Atheeq Akbar as its new CFO, with effect from February 2027

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Ramsdens agrees to £203m takeover from FirstCash

Ramsdens has agreed to a £203m acquisition offer from the US pawn store operator, FirstCash

Severfield losses deepen amid pricing pressure and project delays

Steel maker Severfield reported a wider annual loss and withheld its dividend after competitive pricing, delays to project awards and weaker activity across parts of its core markets weighed on profitability
Starmer announces resignation as PM and Labour Party leader

Keir Starmer has announced his resignation as PM and leader of the Labour Party.

He said every decision he has made in office has been about "putting the country I love first"
Filtronic shares drop following positive trading update

Shares in Filtronic dropped by over 11% despite the group announcing a second contract win, worth £400,000, with a pre-existing US-based customer


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