Pearson (PSON) agrees sale of US school textbook business. Private equity group Nexus Capital Management to buy supplier of course materials
Reckitt Benckiser Group (RB.) revives growth as Kapoor nears exit. Dettol maker predicts slight acceleration this year driven by consumer health
UK chairmen face increasing pressure to unseat them. Pub chain founder Tim Martin says new nine-year limit for chairs is ‘deeply flawed’
Standard Life Aberdeen (SLA) clinches Asia deal after Japan’s Mitsubishi offloads stake. Scottish investment group has lost two of its largest shareholders in less than a year
Tiger Global dumps Barclays (BARC) stake in blow to Staley. New York hedge fund offloads $1bn stake as Barclays chief battles activist investor
Citi offers to buy London skyscraper HQ for £1.2bn. Talks are part of US bank’s strategy to own rather than rent its major buildings
McColl’s Retail Group (MCLS) – British corner shops squeezed by price and brand changes. The days when customers were happy to pay a hefty premium for convenience are over
