Sunday newspaper round-up: Vodafone Group, TSB, Inmarsat
30th Jan 2022 15:31
(Sharecast News) - Activist investor Cevian Capital has taken out a stake in Vodafone Group and is understood to have held talks in recent weeks regarding ways for the company to improve its performance. Cevian could push Vodafone to sell some of its assets around the world, strengthen key business lines or buy back shares, Bloomberg reported. Rumours regarding the outfit's vulnerability to a take over were already swirling last week with private equity outfits said to be circling. In order to ward off that threat, Vodafone has been considering acquisitions or a merger of its wireless towers with Deutche Telekom or Orange. It has also approached CK Hutchinson about a possible merger. - Financial Mail on Sunday
Read moreScottish Power, National Grid agree to pay £158m for subsea cable delay
30th Nov 2021 11:46
(Sharecast News) - National Grid and Scottish Power have agreed to pay £158m in redress for delays to the Western Link power cable project following an investigation by Ofgem, the energy regulator announced on Tuesday.
Read moreNational Grid ups guidance after strong first half
18th Nov 2021 08:04
(Sharecast News) - National Grid upgraded its full-year guidance as the power network operator reported a strong rise in first-half profit.
Read moreNational Grid and SSE win partial success on price controls
28th Oct 2021 07:49
(Sharecast News) - The UK's competition watchdog has found in favour of SSE and National Grid on part of their appeal on price controls but the companies expressed disappointment that the watchdog rejected some of their objections.
Read moreNational Grid performs in line with H1 expectations
18th Oct 2021 08:49
(Sharecast News) - Utilities firm National Grid said on Monday that it had continued to perform in line with expectations ahead of the release of its first-half results on 18 November.
Read moreNational Grid's WPD acquisition gets the all-clear from CMA
1st Sep 2021 08:18
(Sharecast News) - Utilities company National Grid's proposed takeover of Britain's largest electricity distribution business has been cleared by market regulator the Competition and Market's Authority.
Read moreSSE, National Grid lose out in some of CMA's provisional price findings
11th Aug 2021 07:54
(Sharecast News) - SSE responded to the Competition and Markets Authority's (CMA) provisional determinations in an appeal against some elements of Ofgem's RIIO-T2 price control settlement, brought by its wholly-owned subsidiary SSEN Transmission, on Wednesday.
Read moreCMA starts review of National Grid's PPL WPD acquisition
13th Jul 2021 08:12
(Sharecast News) - The Competition and Markets Authority said on Tuesday that it is considering whether National Grid's acquisition of PPL WPD Investments has led to competition issues.
Read moreCiti ups National Grid price target
10th Jun 2021 10:41
(Sharecast News) - Citi increased its share price target for National Grid based on the company's shift towards electrification.
Read moreNational Grid dividend rises with inflation after profit drop
20th May 2021 07:31
(Sharecast News) - National Grid increased its dividend in line with inflation as the power network operator reported a decline in annual profit caused by the Covid-19 crisis.
Read moreNational Grid files settlement plan for New York gas distribution
17th May 2021 07:38
(Sharecast News) - UK energy infrastructure company National Grid said it had filed a joint proposal for a three-year rate settlement for its New York gas distribution businesses.
Read moreCredit Suisse says markets 'consolidating' not 'correcting', unless ...
14th May 2021 12:46
(Sharecast News) - Stockmarkets are now set to consolidate, given that inflation is now "a bit more" of an issue, but they are not headed for a 'correction', says Andrew Garthwaite at Credit Suisse.
Read moreWednesday broker round-up
12th May 2021 13:55
(Sharecast News) - Air Partner: Canaccord reiterates buy with a target price of 100p.
Read moreThursday broker round-up
6th May 2021 13:43
(Sharecast News) - National Grid: Berenberg upgrades to buy with a target price of 1,100p.
Read moreCredit Suisse favours National Grid, Diageo, BT, Vodafone
6th May 2021 13:17
(Sharecast News) - Credit Suisse recommended adding to National Grid, Diageo, BT and Vodafone in a move towards "cyclical" defensive shares.
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