Economic and Market News for 13 August 2020
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13 Aug
10:03SmartSpace Software sells enterprise software business for £4.6mSmartSpace Software has completed the sale of its enterprise software business to Four Winds Interactive UK for a cash consideration of £4.6m. SmartSpace said it had entered into and completed a...
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13 Aug
09:59Global Invacom first-half profit plummets as virus impact hurts demandSatellite communications equipment and electronics maker Global Invacom reported a fall in first-half profit as the COVID-19 pandemic had impacted demand. For the six months ended 30 June 2020,...
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13 Aug
09:53Anexo halves dividend as first-half profit slidesCredit hire and legal services provider group Anexo halved its dividend after reporting lower profit as performance was impacted by the pandemic in the latter part of the first half of the year....
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13 Aug
09:49Portmeirion purchases remaining 50% equity in Portmeirion Canada as it builds Canadian presenceHomewares manufacturer Portmeirion has acquired the remaining 50% of the issued share capital of Portmeirion Canada from Royal Selangor, for a total cash consideration of CA$1m. Following the...
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13 Aug
09:39RA International secures new $60m two-year contract with energy clientService provider to remote locations RA International has been awarded a contract with a large engineering and construction firm focused on the oil and gas sector, which will run for two years and...
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13 Aug
09:04Dignity to continue dialogue with competition watchdog after report finds some funeral directors providing 'unacceptable' level of careFuneral services provider Dignity said it would take the competition watchdog's recommendations on improving care for the deceased into consideration and added that it anticipated participating in...
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13 Aug
08:35Airtel Africa teams up with Standard Chartered to expand financial services offeringTelecommunications company Airtel Africa said it had teamed up with Standard Chartered to work together to create products aimed at enhancing the accessibility of financial services across Africa....
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13 Aug
07:16Croda wraps up Avanti Polar Lipids acquisition following regulatory approvalChemicals company confirmed that, following approval from the US regulatory authorities, it had now completed the acquisition of Avanti Polar Lipids. Avanti Polar Lipids was a provider of drug...
