A pension scheme sponsored by an English water company has offloaded £40 million ($52.5 million) of its retirement scheme liabilities to Just Group, in a deal announced by Lane Clark & Peacock.
A pension scheme sponsored by an English water company has offloaded £40 million ($52.5 million) of its retirement scheme liabilities to Just Group, in a deal announced by Lane Clark & Peacock.
Grocery giant Tesco said Wednesday that it will buy back shares worth £350 million ($459 million) in the third part of its £1.45 billion buyback program to trim the number of its shares in the market.
U.K.-based multinational engineering company Smiths said Wednesday that it will buy back £1 billion ($1.3 billion) worth of its shares using the proceeds from the £1.3 billion sale of its electronic components business to electronics company Molex.
Lloyds Banking Group revealed on Wednesday that it has acquired Curve, a British digital wallet business, a move the banking group anticipates will broaden its online transformation.
The City watchdog floated plans on Wednesday to collate data about trades of U.K. equities as it seeks to boost confidence and encourage participation in London markets, part of the government's growth agenda.
All Things Considered Group PLC, a music company, said Wednesday that it plans to raise £8.6 million ($11.3 million) by selling new shares as it seeks to float on AIM, the junior index of the London Stock Exchange.
Sage Group PLC said Wednesday it is kickstarting a new share buyback program worth up to £300 million ($393.5 million) to reflect the U.K. accounting software giant's confidence in its prospects and its "robust" financial position.
Kainos Group PLC said Wednesday that it has started another share repurchase program worth £30 million ($39 million) as it seeks to further lower its share capital.
