Kalkine UK Market Movers: ftse companies News on REVB, CRDL, AWE

Highlights

• Revolution Beauty confirms due diligence activity involving Frasers Group

• Cordel updates market with revised revenue outlook and contract delays

• Alphawave agrees to final acquisition terms with Qualcomm

As activity unfolds across AIM-listed and FTSE All-Share segments, Revolution Beauty Group plc (LON:REVB), listed on the AIM index, has confirmed that multiple parties are conducting due diligence as part of its formal process. Among the parties involved is Frasers Group plc (LON:FRAS), a FTSE 100 constituent. The company responded to media commentary by affirming the ongoing interest while clarifying that there is no assurance that a formal proposal will be made. The business continues to operate within the consumer retail and beauty segment.

This development comes amid a relatively quiet start to the week for UK-listed consumer brands. Revolution Beauty’s disclosure is part of the regulatory obligations for firms engaged in acquisition discussions. The company has not released additional commentary regarding the timeline or the nature of the potential transaction.

Cordel (LON:CRDL) Adjusts Revenue Timing in Latest Update

Cordel Group plc (LON:CRDL), which trades on the AIM index, issued a trading update relating to its transport corridor analytics business. The company focuses on artificial intelligence and data solutions for railway and infrastructure systems.

Management indicated a review of expected short-term contract awards and noted a shift in timing due to broader macroeconomic headwinds. Cordel stated that while strategic developments remain positive, market-wide uncertainty, particularly in overseas segments such as North America, has influenced the pace of revenue recognition. The company continues to prioritise development and deployment of its data solutions to meet demand from international rail infrastructure operators.

Alphawave (LON:AWE) Finalises Takeover Terms with Qualcomm

Alphawave IP Group plc (LON:AWE), listed on the FTSE 250, has reached a final agreement regarding its acquisition by Qualcomm Inc. (NasdaqGS:QCOM). The all-cash transaction follows several deadline extensions and is set to conclude the company's tenure on the London Stock Exchange.

Alphawave operates within the semiconductor and connectivity solutions sector, providing technology to enable high-speed data transmission for cloud and enterprise markets. The initial announcement of Qualcomm’s intent to acquire the company was made earlier in the year, and both parties have now agreed on the formal terms.

The stock closed last week trading below the agreed acquisition level. Market participants observed movement in the share price following the finalisation of terms. Alphawave's transition marks another instance of international interest in UK-listed technology firms.

FTSE Companies Maintain News Flow Amid Selective Updates

While broader volumes remain subdued in early-week trading, updates from Revolution Beauty, Cordel, and Alphawave provide insight into corporate developments within consumer goods, data infrastructure, and semiconductor industries. These updates reflect the continued activity among ftse companies and AIM-listed entities, shaping news flow across the UK equity landscape.