PRESS DIGEST-British Business - April 19
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 19 2024
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Should l Buy ?
Source: Yahoo Finance
- Hipgnosis Songs Fund Acquisition: British music investor Hipgnosis Songs Fund agrees to a 1.1 billion pound takeover by American rival Concord Chorus.
- Alliance Trust Changes: Alliance Trust, a major investment trust in Britain, dismisses Jupiter Fund Management but does not award its 300 million pound mandate to the fund manager who triggered the change.
- Thames Water Renationalisation: There are considerations for renationalizing Thames Water with its 15.6 billion pound debt potentially added to the public purse by the UK government.
- LVMH Board Appointment: Sons of Bernard Arnault, the world's richest man, join the board of LVMH after a shareholder vote, strengthening the family's control over the luxury goods company.
- BBC World Service Leadership Change: The head of the BBC World Service, Liliane Landor, will step down in July due to concerns about operational capability if further cuts weaken the service.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
