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LAND - Land Securities News Story

605.8p 4.8  0.8%

Last Trade - 29/05/20

Large Cap
Market Cap £4.49bn
Enterprise Value £8.48bn
Revenue £741.0m
Position in Universe 161st / 1825

PRESS DIGEST- British Business - Jan. 30

Thu 30th January, 2020 1:20am
The following are the top stories on the business pages of
British newspapers. Reuters has not verified these stories and
does not vouch for their accuracy. 
    The Times
    - The Swedish company Recipharm  RECIb.ST  seeking to
complete the 505 million pounds takeover of Consort Medical Plc
 CSRT.L  has said its latest offer is final, prompting its
British target to confirm that it was not in talks with other
potential acquirers.
    - Vodafone Group Plc  VOD.L  said it had signed a memorandum
of understanding with Saudi Telecom Company  7010.SE  to offload
its 55% stake in Vodafone Egypt for 1.85 billion pounds ($2.43
    The Guardian
    - UK-based electric van maker Arrival has secured a 400
million euros ($443.76 million) order for 10,000 vehicles from
U.S.-based delivery company United Parcel Service  UPS.N .
    - British motorcycle company Norton Motorcycles has slumped
into administration, marking the latest crisis for the
122-year-old brand.
    The Telegraph
    - UK PM Boris Johnson will tell the European Union he is
prepared to accept post-Brexit border checks rather than
allowing Britain to be a rule-taker in a major speech setting
out his aims for a trade deal next week.
    - Private equity buyer CIT was set to buy Land Securities
Group Plc's  LAND.L  95% share of X-Leisure unit trust, but
sources have said the deal has been called off.
    Sky News
    - Deloitte and two of the partners who oversaw Comet's
insolvency have agreed to pay a fine of about 1 million pound.
    - UK PM Boris Johnson and Finance Minister Sajid Javid have
demanded all cabinet ministers draw up cuts of 5% to their

($1 = 0.7608 pounds)

($1 = 0.9014 euros)

 (Compiled by Bengaluru newsroom)
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