What significant factors led the IG Group Holdings to announce the acquisition deal worth USD 1 billion?

• January 05, 2021 02:52 PM GMT
• Hina Chowdhary

Summary Countrywide Plc had reported a contraction in revenue of 28.0% during H1 FY20. The loss of the Company from continued operations was £40.1 million during H1 FY20. The Company had agreed on the recommended cash offer of approximat...

• December 31, 2020 06:17 AM GMT
• Kunal Sawhney

Summary MJ Hudson Group Plc had reported a 22% surge in its underlying revenue during FY20. The Company had made a total of three acquisitions during FY20. The revenue of Data & Analytics business segment had delivered an exceptional growt...

• December 29, 2020 03:00 PM GMT
• Kunal Sawhney

Summary British Land Company Plc had reported a decline of 21.4% in its net rental income during H1 FY21. The valuation of its entire portfolio of the Company went down by 7.3% as of 30 September 2020. The Company had sold its 75% interest in ...

• December 28, 2020 12:58 AM GMT
• Kunal Sawhney

The economy is made up of transactions, which often emerge or pass through a financial intermediary such as banks. A bank in many ways is a more complex business than it seems. This business has been in existence since ages and has seen a lot of re...

• December 26, 2020 12:47 AM GMT
• Kunal Sawhney

Summary Gresham House Energy Storage Fund Plc is mulling to acquire Byers Brae project  The 30 MW battery-only project, Byers Brae is expected to be commissioned by the second quarter next year.  The UK's largest op...

• December 26, 2020 12:43 AM GMT
• Kunal Sawhney

Summary Duke Royalty Limited announced that it had made a follow-on investment of EUR 1.1 million into BHPC Ltd, its existing royalty partner The AIM-listed financial provider said that the current investment would facilitate BHPC’s growt...

• December 22, 2020 11:17 AM GMT
• Team Kalkine

Summary A large-cap FTSE 100 share has vastly outperformed the benchmark index returning more than 100 per cent in 2020 The stock has massive uptick from the bottoms recognised during the pandemic-led stock market crash  The present c...

• December 21, 2020 02:54 PM GMT
• Team Kalkine

Summary Shares of Metro Bank advanced more than 33 per cent on Monday following the £3.1-billion deal with NatWest Group. The stock of NatWest Group plunged nearly 7 per cent after the bank reported a possible reduction in CET1 ratio afte...

• December 21, 2020 07:10 AM GMT
• Team Kalkine

Summary The Financial Conduct Authority has slapped the UK’s leading bank with £26 million fine for mistreating its customers. Barclays exerted undue pressure on customers to prioritise its debt over their inability to pay back loan...

• December 16, 2020 02:24 PM GMT
• Team Kalkine

Summary Shaftesbury Plc has reported a loss after tax of £699.5 million during FY20. The net property income of the Company was plunged by 24.2% to £74.3 million during FY20. The Company has collected just 53% of contracted rent fo...