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Share succumbs to £62mln takeover
A look at some of the major movers in the market on Monday
Company
Volex PLC
LON:VLX
Volex is a leading global supplier of power cords and cable assembly solutions, servicing a diverse range of markets and customers, including consumer electronics, medical equipment, data centres, telecommunications, industrial robotics and the automotive industry. We are headquartered in the UK but operate from 12 manufacturing locations and employ over 6,000 staff across 20 countries. Our products are sold through our own global sales force and through distributors to Original Equipment Manufacturers (“OEMs”) and Electronic Manufacturing Services companies. Our products and services are integral to the increasingly sophisticated digital world in which we live, providing power and connectivity to everyday items as well as to complex machinery.
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Coca-Cola HBC goes better after fixed-rate issue of notes
A look at the day's major movers, including FirstGroup, 3i, Portmeirion, Volex and Prime People
Hardware & electrical equipment
Volex on the up again after root and branch overhaul
"We're running a business now that is delivering cash flow and we're in two segments that are growing pretty strongly"
Archive
FTSE 100 closes near flat as global markets appear uninspired
Footsie closed up nearly a point at 7,368, while mid-cap cousin FTSE 250 shed over 77 points at 19,172
Archive
Tesco’s first quarter set to face tough comparisons
Tesco, DS Smith and PZ Cussons are the standout names in Thursday's diary.
Hardware & electrical equipment
Volex soars as it hints at return of dividend payments
"The board remains excited about the company's ability to drive shareholder value, and our team continue to actively look for new opportunities to grow our business and technical capabilities," said executive chairman, Nat Rothschild
Investments and investor services
FTSE 100 finishes lower as rate rise fears and trade dampen sentiment
The UK's index of leading shares finished around 35 points lower at 7,105 on the day
Archive
Informa and UK GDP data to cap off busy week in London
A host of data releases should give a much clearer picture of where the UK economy stands with the country on the brink of hopefully inking a Brexit deal
FTSE 100 closes lower on day and week after lacklustre trading; miners weigh
Footsie closed out down around 23 points at 7,681 and was also down on the week as a whole, off around 0.26%
Archive
Fuller’s to bring some fizz to a quiet Friday
It’s the scrag-end of the scrag-end of the corporate reporting season, so there’s not too much to for investors to get excited about
Hardware & electrical equipment
Cable maker Volex to raise £36mln at a premium to fund latest acquisition
Volex is buying cable harnesses maker Silcotec for just shy of £16mln and is raising £26mln at a slight premium to Tuesday’s closing price