FT 11/09/19 - Vox Markets | Vox Markets

FT 11/09/19

IP Group (IPO) blames Woodford woes for poor performance. Listed investment company says sentiment hit by difficulties at manager’s flagship fund

Lombard – Cash-in-hand persuades builders to do a £1bn deal.  makes revised offer to rival that helps solve its balance sheet problems

Lex – Cairn Energy (CNE)/climate change: tilting to windmills. Investor ennui means oil companies may need to tap private capital instead

Cobham (COB) shareholder to vote against £4bn takeover. Sanderson Asset Management shows hand a week before investors vote on Advent offer

JD Sports Fashion (JD.) calls for ‘fairness’ in lease arrangements. Comments come as weaker retailers use insolvency laws to secure lower rents

National Grid (NG.) urges back-up power review after blackout. FTSE 100 company faced criticism over widespread power cut this summer

Cairn Energy (CNE) raises output guidance after improvements at ‘Kraken’ field. Independent energy group had been hit by extraction issues at North Sea oilfield

and Galliford Try (GFRD) in talks over £1.1bn merger. Housebuilders restart discussions after they broke down earlier in the year

A new riposte to the Burford Capital (BUR) short thesis. Caro-Kann Capital weighs in on the ligation finance company

Burford Capital (BUR) faces threat of ‘revenge porn’ prosecution. Woman who appears in video with billionaire has hired lawyers for potential private prosecution

BAE Systems (BA.) chief stands by Saudi Arabia deals. Woodburn defends doing business with regime as protests are expected at trade event


Mentioned in this post

BAE Systems
Burford Capital
Cairn Energy
Galliford Try
IP Group
JD Sports Fashion
National Grid