Browsing Category
Shares
Three’s £2bn payout to shareholders sparks a row over Vodafone merger
The weekend saw a dispute over a record £2bn payment of dividends to the owners and shareholders of Three, the telecoms company. It was claimed that this huge payout was proof that the company was profiteering.
The Unite union claimed…
Softbank and Arm Chiefs Meet Hunt as City Reforms Open Door to Secondary Listing in London
On Tuesday, Arm's chief executive and owner met with Jeremy Hunt at Downing Street. At the same time, regulators announced reforms that could encourage Arm to have a secondary listing in London.
On Tuesday, Rene Haas and Masayoshi son, the…
Ryanair boss Michael O’Leary is on track for a £100mn bonus
Ryanair CEO Michael O'Leary will receive a €100mn Bonus due to the low-cost carrier's shares reaching a new record.
The shares rose to €18.99, which brings their gains for the past year to over 50%. This highlights Ryanair as the most…
Qatar sells shares worth £510mn to Barclays, reducing its stake by 5%
Qatar's sovereign fund has reduced its stake in Barclays. The UK bank is under pressure to revamp its strategy and improve performance by investors.
Qatar Holding, a subsidiary of Qatar Investment Authority, sold nearly 362 million…
Farfetch shares plummet despite talks of the founder taking it private
Farfetch shares fell as much as 50% on Wednesday despite reports its founder may take the luxury online retailer to private after its value plummeted.
Farfetch was due to announce quarterly results on Wednesday, but has postponed it,…
Cazoo founder Alex Chesterman sees his share price wiped out as lenders take control
Alex Chesterman, , the founder of Cazoo, will see his shareholdings in the company nearly wiped out when bondholders seize control of the online car seller.
Cazoo bondholders agreed to swap their debt for shares of the company.…