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More News: Monsoon chairman offers to buy out company for £755 million
by Phil Cozens on Sep 28, 2007 at 08:12
Monsoon chairman offers to buy out company for £755 million and R-R wins $700 million US engine order.
* Monsoon first 17 weeks total sales down 2%; like-for-like sales down 9%; outlook in run-up to Christmas is challenging; chairman Peter Simon offers 424p-a-share to buy-out company valuing group at £755 million; offers family shareholders bid vehicle shares
* Rolls-Royce wins $700 million engine order with US Naval Air Systems company
* Local Radio Co sees second-half like-for-like revenue up 7.5% in difficult market; sees results in line; ebitda positive since May
* Harvey Nash first-half pre-tax profit up 17% to £3.1 million; cash generation up 30%; sees further momentum going forward; sees full-year in line with internal expectations
* Capital Pub buys Puzzle Pub for up to £5.75 million; has secured further £8 million bank funding
* Wichford sees end-September net asset value at no less than 200p vs 216.12 at end-March; buys properties in France and Netherlands for €42 million
* Fountains sees full-year pre-exceptionals result at upper end or beating market expectations
* Entertainment One trading remains positive; margins robust
* Lok'n Store buys new site in Portsmouth for £4.3 million
* Coolabi buys children's TV company Indie Kids; seeking 20-to-1 share consolidation
* Anglo Asian first-half pre-tax loss widens
* CSS Stellar confident; full review of all operations has started
* Healthcare Enterprises shares suspended; in talks with bankers on existing facility
* Screen FX requests restoration of share trading; secures further funding of £930,000; agreed to sell TrainFX franchise for £2 million cash
* Screen Technology 2007 sales will only be small; further fundraising necessary in short term; confident of significant sales in 2008
* Proteome Sciences well set to deliver strong and sustainable revenue stream ; cuts first-half loss
* SPI Lasers first-half pre-tax loss widens to £5.5 million vs £4.7 million
* Betbrokers sees further significant growth in next 12 months
* DA Group full-year pre-tax loss £1.6 million vs £1.9 million; uncertainty remains whether company can continue as a going concern
* Servocell revenue delays have hit cash resources; agrees loan with shareholders
* Cash Converters full-year net profit up 174%
* John Lewis week to September 22 store sales up7.7%; Waitrose up 8%; total ales up 7.6% o £122.75 million
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