SIG to raise £165m to improve liquidity, weather Covid crisis
19th Jun 2020 08:57
(Sharecast News) - SIG said on Friday that it plans to raise £165m through a placing and investment by US buyout firm Clayton, Dubilier & Rice (CD&R) to improve liquidity and help the building products distributor to weather the Covid-19 crisis.
Read moreThursday broker round-up
4th Jun 2020 14:03
(Sharecast News) - IWG: RBC Capital Markets downgrades to sector performer with a target price of 325p.
Read moreTuesday broker round-up
2nd Jun 2020 14:15
(Sharecast News) - TUI: Berenberg downgrades to sell with a target price of 350p.
Read moreSIG to raise £150m backed by Clayton Dubilier & Rice
29th May 2020 08:11
(Sharecast News) - SIG said it would raise £150m to strengthen its finances with the backing of US private equity firm Clayton Dubilier & Rice.
Read moreSIG abandons sale of building solutions business to Kingspan
21st May 2020 10:00
(Sharecast News) - SIG shares slid on Thursday as the building materials supplier said it had terminated the proposed disposal of its building solutions business to Kingspan.
Read moreSIG begins to reopen selected UK sites
30th Apr 2020 13:40
(Sharecast News) - Building materials supplier SIG updated the market on the latest impacts of the Covid-19 coronavirus pandemic on Thursday, confirming that it had started to reopen selected sites in the UK as demand increased.
Read moreSIG appoints Steve Francis as permanent CEO
24th Apr 2020 13:25
(Sharecast News) - Building materials supplier SIG announced the appointment of Steve Francis as its chief executive officer on Friday.
Read moreBuilding materials supplier SIG closes UK, Ireland trading sites
30th Mar 2020 09:00
(Sharecast News) - Building materials supplier SIG said on Monday that it has temporarily closed its UK and Ireland trading sites, as it announced further cost saving measures to help the company weather the coronavirus outbreak.
Read moreWednesday broker round-up
26th Feb 2020 12:48
(Sharecast News) - Associated British Foods: Berenberg downgrades to hold with a target price of 2,700p.
Read moreCanaccord Genuity calls SIG shares 'uninvestable', cuts price target
25th Feb 2020 11:21
(Sharecast News) - Canaccord Genuity has slashed its price target on SIG, arguing that the British building materials group is currently "uninvestable".
Read moreSIG reshuffles board, reiterates guidance
25th Feb 2020 08:04
(Sharecast News) - Construction products supplier SIG revamped its executive team on Tuesday and told shareholders that full-year results were anticipated to be in line with guidance, with underlying pre-tax profits of roughly ?42m.
Read moreCMA to probe Kingspan takeover of SIG's Building Solutions
12th Feb 2020 10:50
(Sharecast News) - The UK competition watchdog has launched a probe into Kingspan Holdings' proposed ?37.5m acquisition of Building Solutions from SIG.
Read moreFriday broker round-up
10th Jan 2020 12:57
(Sharecast News) - Polymetal International: Berenberg upgrades to buy with a target price of 1,480p.
Read moreThursday broker round-up
9th Jan 2020 13:11
(Sharecast News) - Computacenter: UBS downgrades to sell with a target price of 1,800p.
Read moreSIG warns on profits amid deteriorating markets
9th Jan 2020 08:08
(Sharecast News) - Building materials group SIG issued a profit warning on Thursday as it pointed to a deterioration in construction markets.
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