Expert views
Commentary submitted by Dan Coatsworth in their own words.
Back to profileEasyJet shares surge after reaching outline £5.5bn buyout proposal from US firm
Is EasyJet about to fly off into the sunset as a listed company?
ITV agrees to sell broadcasting arm to Sky for up to £1.6bn
The shackles are off for ITV.
AI tech boosts sales at Currys despite ‘subdued consumer backdrop’
There’s nothing like an edge of your seat England game at the World Cup to make people want to upgrade their TV to have a bigger screen. Many sports fans have already upgraded their TV for the tournament, and England’s nail-biting victory against DR Congo could keep the tills ringing for Currys if it shifts more tellies.
Government ‘minded to intervene’ over £83bn Warner Bros Discovery takeover
Culture Secretary Lisa Nandy appears concerned about the streaming market.
Sainsbury’s says sales encouraging but impact of Iran war still ‘uncertain’
Sainsbury’s is finding life a little harder as first quarter sales growth slows. It reported 2.1 per cent like-for-like sales growth versus 4.7 per cent in last year’s comparative period.
Comcast to split off NBCUniversal and Sky media arm
In the eight years since the $40 billion bid for Sky, shareholders in Comcast have suffered a near-$9 billion write-down.
EasyJet rebuffs higher £4.93bn proposal from US investment fund
EasyJet has changed its tune regarding a takeover.
Trainline names former Flutter UK and Ireland boss for top job
Trainline has found its new leader after parting ways with Jody Ford in February.
Segro rebuffs £12.6bn approach from US rival in latest takeover tilt for UK firm
The expansion of logistics property plays into data centres is taking a dull area to more interesting places and that’s evident in the takeover interest in Segro. “It’s hard to believe San Francisco’s Prologis would have been interested in Segro when it was simply focused on warehouses. Prologis specifically references the target’s pipeline of data centres in its rationale for the deal. “Prologis urging shareholders to encourage Segro to engage suggests the initial all-share bid submitted last week is just its opening salvo and that Segro’s rejection won’t be the final word in the story. “Whether an all-share bid will prove attractive to shareholders, given it would mean ending up with an investment in a much different entity, is open to question. Perhaps including a cash element would help smooth the passage of any deal. “A chunkier premium may also be required. Should Prologis succeed with its pursuit, it would represent yet another large-cap loss from the UK market and a diminution in its breadth and quality.
EasyJet slams £4.7bn takeover approach as attempt to buy it ‘on the cheap’
EasyJet shareholders may feel the company can quickly bounce back from the recent turbulence, and there is no need to sell out to Castlelake.
Gilt yields climb after Burnham election and rise in state borrowing
Andy Burnham’s by-election victory hasn’t fazed bond markets, but this might simply be the calm before the storm.
Consumer confidence plunges among younger adults
The spotlight has been firmly placed on the prospects for younger Britons.