Archive for August 28th, 2012

Picture: newsteam.co.uk

US investment firm Harris reduces its stake in UK retailer JJB Sports

British sports retailer JJB Sports Plc (LON:JJB) said on Tuesday that US investment manager Harris Associates LP had reduced its stake in it to below 17% after selling some of its shares last week. Harris Associates, which owned 70m JJB […]

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Average Advertised Salary Growth

The best and worst areas for average advertised salary growth in the UK

Employees looking for increasing salary growth and a higher wage packet should head to Wales, according to a recent study. The research, carried out by the job search engine

Gold vein

France’s Areva to exit Canadian gold miner La Mancha in $320m deal

French nuclear power group Areva SA (EPA:AREVA) said on Tuesday it had finalised the disposal of its holding in Canadian gold mining company La Mancha Resources Inc (TSE:LMA)

LCL is part of Credit Agricole

France’s Credit Agricole still interested in selling stake in Spanish Bankinter

French banking group Credit Agricole SA (EPA:ACA) views the stake it owns in Spanish peer Bankinter SA (MCE:BKT) as non-strategic and it is still considering all options regarding

London 2012

Security firm G4S takes £50m hit because of London Olympics

G4S takes GBP50m charge for Olympics security guards shortfall Security solutions group G4S plc (LSE:GFS) said today that the failure to fulfil its Olympic Games security contract will cost

pharmaceutical

Irish healthcare group United Drug to acquire US-based Drug Safety Alliance

Irish healthcare services group United Drug Plc (LON:UDG) on Tuesday said it would take over US Drug Safety Alliance Inc (DSA), a provider of safety and risk management

IBM

US IT giant IBM agrees to acquire Kenexa for $1.3bn

US recruiting and talent management solutions firm Kenexa Corp (NYSE:KNXA) has unveiled a cash deal worth some USD1.3bn (EUR1bn) to be taken over by IT major International Business

China flag

China to decide on Glencore’s acquisition of Canada’s Viterra next month

Canadian grain handler Viterra Inc (TSE:VT) said the Chinese Ministry of Commerce (MOFCOM) will continue into September with the review of its planned CAD6.1bn (USD6.2bn/EUR4.9bn) combination with Swiss

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