Communication


 CMA Questions £15bn Merger as Vodafone and Three Respond

CMA Questions £15bn Merger as Vodafone and Three Respond

October 01, 2024 02:21 AM AEST| By Team Kalkine Media

Highlights:,Vodafone and Three addressed CMA concerns over their £15 billion merger, pledging to freeze tariffs for value customers and support MVNOs.,The companies expressed confidence that the merger will benefit consumers despite concerns about po...

 Vodafone States No Shareholder Vote Needed for Three UK Merger

Vodafone States No Shareholder Vote Needed for Three UK Merger

September 30, 2024 07:22 PM AEST| By Team Kalkine Media

Highlights,Vodafone Group PLC confirms that the merger with Three UK does not require shareholder approval under new UK listing rules.,The board believes the transaction is in the best interests of all security holders, facilitating quicker execution...

 Rightmove Rejects Fourth Takeover Bid from REA Group

Rightmove Rejects Fourth Takeover Bid from REA Group

September 30, 2024 06:15 PM AEST| By Team Kalkine Media

Highlights:,Takeover Bid Rejected:,Rightmove declines a fourth takeover offer from REA Group, citing undervaluation.,Offer Details:,The latest proposal valued shares at 780p, including cash and equity components, along with a dividend.,Market Reactio...

 UK Companies Ranked Third-Most Targeted as M&A Activity Rises

UK Companies Ranked Third-Most Targeted as M&A Activity Rises

September 27, 2024 06:37 PM AEST| By Team Kalkine Media

Highlights,Surge in M&A Activity,: UK firms have experienced a significant increase in merger and acquisition activity, with expenditures reaching approximately £102.4 billion in the first nine months of the year, marking a 54% rise.,Foreign Investme...

 Future Sees Decline After Shuttering Non-Core Units

Future Sees Decline After Shuttering Non-Core Units

September 26, 2024 09:00 AM AEST| By Team Kalkine Media

Highlights,Future PLC shares decline nearly 5% following confirmation of full-year results aligning with market forecasts.,The company is actively optimizing its portfolio by closing several low-growth assets, including print magazines and an externa...

 City Speculates REA's Rightmove Move as Final Attempt Before Hostile Action

City Speculates REA's Rightmove Move as Final Attempt Before Hostile Action

September 25, 2024 10:36 PM AEST| By Team Kalkine Media

Highlights,Third Bid Rejected: Rightmove PLC has turned down a third acquisition proposal from Rupert Murdoch's REA Group, citing insufficient engagement and value.,REA's Frustration: The Australian rival expressed disappointment at the rejection and...

 Digitalbox Achieves Revenue Growth Following Successful Acquisition

Digitalbox Achieves Revenue Growth Following Successful Acquisition

September 24, 2024 07:48 PM AEST| By Team Kalkine Media

Digitalbox PLC,(LSE:DBOX),has reported a return to revenue growth for the first half of 2024, exceeding its expectations while maintaining profitability. The company's revenue reached £1.6 million, a significant 32% increase compared to the same peri...

 Digitalbox Achieves Year-on-Year Growth in Margins and EBITDA

Digitalbox Achieves Year-on-Year Growth in Margins and EBITDA

September 24, 2024 07:47 PM AEST| By Team Kalkine Media

Digitalbox PLC,(LSE: DBOX),is a dedicated digital media company focused on profitable publishing on mobile platforms. It operates several popular brands, including,Entertainment Daily,,,The Daily Mash,,,The Tab,,,The Poke,, and,TV Guide,.,Recent Fina...

 Rightmove Faces Third Bid from REA Group Amid Disappointment

Rightmove Faces Third Bid from REA Group Amid Disappointment

September 23, 2024 09:06 PM AEST| By Team Kalkine Media

Rightmove PLC,(LSE:RMV),, the leading UK property portal, has received a second revised offer from REA Group, which is owned by media mogul Rupert Murdoch. This latest proposal values Rightmove at approximately £6.1 billion and marks the third attemp...

 S4 Capital Declines Following Another Disappointing Financial Statement

S4 Capital Declines Following Another Disappointing Financial Statement

September 19, 2024 06:34 PM AEST| By Team Kalkine Media

S4 Capital PLC,(LSE:SFOR),, led by Martin Sorrell, experienced a significant decline in its share price, dropping by 11.5% following an interim trading update. This latest decrease brings the company’s year-on-year market losses to nearly 50%.,In the...

 Vodafone Ordered to Withdraw Ads After BT Complaint

Vodafone Ordered to Withdraw Ads After BT Complaint

September 18, 2024 06:32 PM AEST| By Team Kalkine Media

Vodafone Group PLC,(LSE:VOD),has been directed by the Advertising Standards Authority (ASA) to withdraw several advertisements following a ruling that deemed claims regarding its broadband services misleading. The decision arose after BT Group PLC,co...

 LBG Media Triples Earnings Amid Growth in Direct Deals and US Presence

LBG Media Triples Earnings Amid Growth in Direct Deals and US Presence

September 18, 2024 04:51 PM AEST| By Team Kalkine Media

LBG Media PLC,(LSE:LBG),, the parent company of LADbible and Betches, reported a substantial increase in underlying earnings for the first half of the year, achieving a 240% rise alongside a return to statutory profits. This growth was driven by a si...

 Keywords Studios Optimistic About Growth Ahead of Acquisition

Keywords Studios Optimistic About Growth Ahead of Acquisition

September 16, 2024 05:23 PM AEST| By Team Kalkine Media

Keywords Studios PLC (,LSE:KWS),released an interim trading statement on Monday, indicating a positive outlook for 2024 with expectations of substantial overall revenue growth. The statement highlights a 1.9% decline in organic revenues for the first...

 Vodafone-Three Merger in Jeopardy After Competition Probe

Vodafone-Three Merger in Jeopardy After Competition Probe

September 13, 2024 08:27 PM AEST| By Team Kalkine Media

Britain’s competition watchdog has raised concerns about Vodafone Group PLC’s planned merger with Three. The Competition and Markets Authority (CMA) has conducted an investigation and concluded that the merger may lead to higher prices or reduced ser...

 Vodafone (LSE:VOD) and Three Respond to CMA's Provisional Findings on Merger

Vodafone (LSE:VOD) and Three Respond to CMA's Provisional Findings on Merger

September 13, 2024 04:42 PM AEST| By Team Kalkine Media

Vodafone (LSE:VOD) and Three UK have voiced strong opposition to the Competition and Markets Authority's (CMA) provisional findings regarding their proposed merger. The companies argue that the merger represents a unique opportunity to revolutionize...

 Rightmove's Rejection of £5.6bn Murdoch Bid Signals Higher Valuation

Rightmove's Rejection of £5.6bn Murdoch Bid Signals Higher Valuation

September 11, 2024 08:43 PM AEST| By Team Kalkine Media

Rightmove PLC,(LSE:RMV),recently turned down a £5.6 billion bid from Rupert Murdoch’s REA Group, although analysts noted that the offer exceeded expectations.,Jefferies brokers reported that the bid, disclosed by REA on Wednesday, valued Rightmove sh...

 Rightmove Rejects Takeover Offer from REA Group

Rightmove Rejects Takeover Offer from REA Group

September 11, 2024 06:52 PM AEST| By Team Kalkine Media

Rightmove PLC,(LSE: RMV),has formally rejected a takeover offer from Australia's REA Group, led by Rupert Murdoch. REA’s proposal included 305p in cash and 0.0381 new shares for each Rightmove share, totaling 698p per share. If based on REA's closing...

 Jefferies Upgrades Rightmove, Sees 'Probable' Offer from REA Group

Jefferies Upgrades Rightmove, Sees 'Probable' Offer from REA Group

September 09, 2024 10:50 PM AEST| By Team Kalkine Media

On Monday, Jefferies upgraded Rightmove,(LSE:RMV),to ‘hold’ from ‘underperform’ and raised the price target to 720p from 450p, citing the potential for an offer following Australia’s REA Group's confirmation that it is evaluating a cash and share pro...

 Next 15 Shares Halve as Major Client Departs

Next 15 Shares Halve as Major Client Departs

September 06, 2024 09:58 PM AEST| By Team Kalkine Media

Shares in public relations firm Next 15,(LSE:NFG),experienced a sharp decline early on Friday following the announcement that one of its largest clients would not be renewing their contract. The client's decision to end their agreement after its init...

 Next 15 Group Falls 50% as Customer Cancels £80 Million Contract

Next 15 Group Falls 50% as Customer Cancels £80 Million Contract

September 06, 2024 06:46 PM AEST| By Team Kalkine Media

Next 15 Group PLC (,LSE:NFG,) experienced a dramatic decline of nearly 50% in its share value following the announcement that its subsidiary, Mach49, has lost its contract with its largest client. The contract, which was due to end on December 31, 20...

AI on the Rise: A Look at Top AI Companies and Their Stocks

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