C&C Group PLC shares rose nearly 8% following a nominal-cost acquisition of Asahi UK's wholesale businesses, including Nectar Imports and direct distribution operations. This deal expands C&C's scale and customer reach by integrating these operations with Matthew Clark Bibendum (MCB) and extending supply to Fuller, Smith & Turner pubs. CEO Roger White expects immediate efficiency gains and a small positive financial impact in 2027. Despite a 3% drop in first-half net revenue, branded revenue grew 2%, supported by strong brands and marketing. The acquisition is set to complete in early October, with customers transitioning to MCB's infrastructure.
Cryptocurrency markets experienced varied price changes, with Bitcoin falling 1.13% to $77,079 and Ethereum nearly flat at $2,466.79. Several altcoins like Nearest (NEAR) and Morpho saw gains of 3.48% and 3.73% respectively, while others like Zcash (...
Nu Holdings, the fintech behind Nubank, has launched Nu Global, a multi-currency digital account that converts deposits into USDC and EURC stablecoins. This launch marks Nu's entry into the US market and supports over 140 million customers with fee-f...
Accelevate Solutions and Brand Engagement Network launched a live AI-driven platform at Los Angeles International Airport to enhance passenger engagement for off-airport parking and shuttle services. The platform offers real-time vehicle tracking, ro...
Panmure Liberum downgraded Dunelm Group PLC from 'hold' to 'sell', cutting its target price from 820p to 590p due to concerns over the retailer's ability to reaccelerate sales growth, achieve £100 million in cost savings, and overhaul its technology ...
Meridian Mining plc has applied to admit 136,730 new ordinary shares to trading on the London Stock Exchange, expected around September 16, 2026. These shares are issued following the exercise of awards under the company's Omnibus Plan 2025 and will ...
