Sunday newspaper round-up: Smiths Group, Virgin Galactic, Sainsbury
11th Jul 2021 18:09
(Sharecast News) - One of Britain's biggest engineering firms is on the cusp of a major break-up after receiving a £2billion takeover approach for its medical division from a US private equity predator. City sources said FTSE 100-listed engineering giant Smiths Group has been holding talks with Boston-based TA Associates. Bankers from Goldman Sachs are said to be working on the deal. - Financial Mail on Sunday
Read moreAtlas Mara signs African banking agreements with Mastercard
1st Feb 2017 09:00
(ShareCast News) - Atlas Mara, Bob Diamond's Africa-focused banking venture, has signed agreements with Mastercard to build a stronger digital payment ecosystem with a focus on accelerating financial inclusion in sub-Saharan Africa. The strategic alliance will enable up to 20m consumers and 100,0
Read moreFormer Barclays CEO steps up as interim chairman at Atlas Mara
11th Oct 2016 14:06
(ShareCast News) - Atlas Mara, a sub-Saharan financial services group, announced that Arnold Ekype has stepped down as chairman with co-founder and non-executive director Bob Diamond taking on the role on an interim basis. Ekpe has decided to resign after his three year-term ends on 1 December 2016
Read moreFriday newspaper share tips: Morrisons, Atlas Mara
16th Sep 2016 11:22
(ShareCast News) - Wm Morrison has a lot going for it and quite a bit against it too, the Financial Times´s lex column cautioned. The smallest of the UK´s top four grocers is the second-biggest food manufacturer in Britain and owns four-fifths of its stores. That means it can act quickly on pric
Read moreTuesday newspaper round-up: Jobs boost, Brainard caution, recovery 'mirage'
13th Sep 2016 06:53
(ShareCast News) - Britain's employers have refused to panic following the referendum vote, but new jobs are likely to become increasingly scarce as concerns over Brexit talks undermine business confidence. Recruitment agency Manpower said that, on the surface, the EU referendum had done little to d
Read moreSunday share tips: Homebuilders, Atlas Mara
5th Jun 2016 22:14
(ShareCast News) - Earnings at their cyclical peak for the country´s main homebuilders means investors would do best to steer clear of the sector, The Sunday Telegraph´s Questor said. Rounds of government funding and low interest rates - amongst other factors - have left the sector primed to perfect
Read moreAtlas Mara wary of forex, economic headwinds
26th May 2016 11:57
(ShareCast News) - Atlas Mara sees its full-year profit to exceed the underlying $11.3 million booked in 2015, but warns softer African currencies and a more challenging economic backdrop provide "meaningful" headwinds to achieving this. The sub-Sahara African financial services group, whose shares
Read moreAtlas Mara directors up stake as share buyback continues
6th Nov 2015 15:43
(ShareCast News) - Atlas Mara Limited's directors are buying shares to increase their stake in the company. The company is continuing on its share buyback programme, with its latest purchase of 20,000 placed in treasury. However, a number of directors have taken the opportunity to increase their st
Read moreFTSE 100 movers: Barclays and miners drag on blue-chip index
29th Oct 2015 13:38
(ShareCast News) - The FTSE 100 index was down 0.97% by 1500 GMT on Thursday, with a mixture of miners and Barclays and Smith & Nephew missing market expectations with quarterly results. Barclays third-quarter pre-tax profits slid below consensus forecasts due to a higher cost of claims settlements
Read moreAtlas Mara confirms 400m dollar fundraising
14th May 2014 11:38
Atlas Mara Co-Nvest, the Africa-focused banking investor founded by ex-Barclays boss Bob Diamond, confirmed late on Tuesday that it planned to raise a gross 400m dollars in a private placement. The London-listed company said it it intended to sell 36.5m new shares at $11 per share to institutional
Read moreAtlas Mara plans major fundraising
13th May 2014 15:25
Atlas Mara, the Africa-focused banking investor founded by Bob Diamond, has begun working on a new capital raising to continue its acquisitive spree. Co-founded by ex-Barclays chief Diamond and Ugandan financier Ashish Thakkar, Atlas Mara acquired Botswana-based BancABC for $265m in cash and share
Read moreAtlas Mara proposes first acquisitions
31st Mar 2014 11:33
Atlas Mara, the African banking company co-founded by former Barclays boss Bob Diamond, has agreed its first two acquisitions. Diamond and co-founder Ashish Thakkar have signed agreements to acquire a majority of BancABC and ADC African Development Corporation for $265m in cash and Atlas Mara shar
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