Transact receives premium listing in £650m IPO
The parent company of investment platform Transact has been admitted to the London Stock Exchange’s main market for listed securities.
Have European and UK equities lost their lustre?
In what was a dismal month for markets generally, the UK and European equities were the pits, making up the five worst performing Investment Association sectors for February. But have the asset classes lost their lustre?
Woodford favourite Provident’s share price sinks to 22-year low
Provident Financial’s shares have sunk to their lowest point since 1996 as rumours swirled that the firm might include a £500m ($698.3m, €567.9m) rights issue in its annual results.
Phoenix is the real winner of Standard Life deal
Standard Life Aberdeen hailed its decision to sell its insurance arm as “a major step” on the road to becoming a “world-class investment company”, but analysts suggest that Phoenix is the real winner here.
Deutsche Bank confirms €2bn asset management IPO
Deutsche Bank has confirmed plans to list its asset management division DWS on the Frankfurt Stock Exchange for €2bn (£1.76bn, $2.45bn).