Finance – Page 177
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News
Crowdcube completes own crowdfunding campaign
Crowdcube, the UK-based equity crowdfunding platform, has completed its own crowdfunding campaign, raising c£7.3m in the process
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Carlsberg H1 in line with expectations
Danish brewer Carlsberg has reported a 25% increase in half-year net profit
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Savills UK acquires GBR Phoenix Beard Holdings
Savills UK has the acquisition of property consultancy GBR Phoenix Beard Holdings Ltd
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Analyst reaction: TRG changes
Leading analysts Mark Brumby at Langton Capital, and Anna Barnfather at Panmure Gordon, give their respective takes on the changes at the top of TRG
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Upham continues to review options
Upham Group, the Hampshire-based brewer and pub operator, is continuing to review its investment options, after putting plans for an IPO on hold
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H1 revenue up 8.4% at Cineworld
Cineworld has this morning reported an 8.4% rise in group revenue for the six months to the end of June 2016 to £356.7m
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Enterprise reports “encouraging trading performance”
Enterprise Inns has this morning reported an “encouraging trading performance” with like-for-like net income in its leased and tenanted business up 1.9% in the 44 weeks
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H1 turnover up 7% at Adnams
Adnams, the Suffolk based brewer and pub operator, has reported a 7% increase in turnover to £31.2m in the six months to the end of June 2016
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Page commences further funding round
David Page, chairman of Fulham Shore, has begun a new funding round for his private investment vehicle Putney Beach
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NewsLeon secures £19m funding package
Leon is set to open 50 new sites over the next four years after securing a new funding deal worth £19m from bank OakNorth
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Pub investment package sold for £17.8m
Aprirose has sold a six-strong portfolio of freehold pubs to LaSalle Investment Management, for a total of £17.8m.
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NewsPage to launch new investment vehicle
David Page, the former PizzaExpress chief executive, has launched a new investment vehicle aimed at investing in fledgling concepts
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City Pantry secures growth fund
City Pantry has raised over £1.1m to build on its position “as market leader in London and expand to new cities”
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Crowdfunding slumps with small investments hit hardest
Seedrs has claimed the top spot for the number of completed crowdfunding deals in the UK so far in 2016, although Crowdcube facilitated the most transactions.
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AB InBev reveals structure post-SAB deal
AB InBev has revealed the organisational structure and senior team for its combined business following the £79bn SABMiller acquisition.
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Just Eat disposes of Benelux business
Just Eat, the online food delivery business, has agreed the sale of its businesses in Benelux to Takeaway.com
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TruRating closes £9.5m funding round
TruRating has closed a £9.5m funding round, which it said would fuel “its disruption of the consumer ratings market globally”
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AG Barr H1 revenue down 2.9%
Soft drinks and mixers producer AG Barr has said it expects revenue for the six months to 30 July to be down 2.9% on a like-for-like basis.
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NewsAB InBev sets date for SABMiller deal completion
AB InBev has released a timetable for its £79bn takeover of SABMiller, which it expects to complete by 10 October.
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NewsGreggs H1 lfls sales up 3.8%
Greggs has reported like-for-like sales across its 1,600 managed stores up 3.8% for the six months to 2 July.