Market Report: Bulb takeover deal close

Octopus Energy is close to finalising a takeover of collapsed rival Bulb in a deal that will crystallise up to £4bn of losses for British taxpayers.

High-end retailer Joules may be forced to address its creditors to fight for the chain’s survival.

Amazon will invest more than €1bn over the next five years in electric vans, trucks and low-emission package hubs across Europe, in its drive toward net-zero carbon.

Hollywood Bowl described its performance for the year to end September as “excellent” with resilient customer demand driving growth in revenue and profit.

London-based e-commerce and retail technology business Zamaz acquired a 70% stake in luxury Italian food business Eccellenze through its subsidiary Bella Dispensa.

Evgen Pharma shares surged over 40% in early trading after the firm said it has licensed the global rights for its lead asset to Swiss group Stalicla, in a deal worth up to US$160.5mln

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