FT 15/10/19 | Vox Markets

FT 15/10/19

Lombard – HSBC Holdings (HSBA) 10,000 job cuts are a logical answer. Reports that interim boss is reviewing future of equities business make sense

Lex – Sophos Group (SOPH)/Thoma Bravo: cable tie. US buyer’s offer is attractive and UK fears of losing local tech expertise are overdone

US private equity group to buy Sophos Group (SOPH) for $3.9bn. Software-focused buyout firm Thoma Bravo agrees latest in series of deals

Ashmore Group (ASHM) shrugs off volatile emerging markets. $2.3bn investment loss offset by new business at emerging market specialist

Neptune Energy strikes $250m deal for Edison’s North Sea assets. Energean Oil and Gas (ENOG) to sell Italian group’s Norwegian and UK projects once it completes purchase

Superdry (SDRY) co-founder to remain as chief until 2021. Julian Dunkerton hopes to revive brand as board extends his period in top job

HSBC Holdings (HSBA) plans First Direct relaunch to compete with digital rivals. New features could include in-app marketplace and automated savings top-ups

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Mentioned in this post

ASHM
Ashmore Group
ENOG
Energean Oil and Gas
HSBA
HSBC Holdings
SDRY
Superdry
SOPH
Sophos Group