The Aberdeen-headquartered engineering and energy services firm said Sidara will pay 30p per share.
Business
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Since 2000, bilateral trade has continued to grow but has changed significantly in character. For the UK, what was a goods-based deficit has switched to a services-driven surplus and, while…
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Business
Royal Mail owner set to return to profit in first figures since £3.6bn takeover
by News Roomby News RoomDaniel Kretinsky’s EP Group completed its takeover of Royal Mail owner International Distribution Services in June.
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Business
Bus workers in Cardiff call off planned strikes after deal reached
by News Roomby News RoomAround 450 members of Unite at Cardiff City Transport Services, known as Cardiff Bus, voted to accept a deal.
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The FTSE 100 index closed down 29.48 points, 0.3%, at 9,187.34.
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Business
Frasers lowers goal for new bonus plan after boss misses £100m payout target
by News Roomby News RoomThe Sports Direct owner revealed proposals for a new five-year bonus scheme with a lowered share price target, from £15 to £12.
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City traders were reacting to a report from the IPPR which said Rachel Reeves should impose a new bank tax.
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Business
Windfall tax on banks could recoup QE losses and raise £8bn a year, IPPR says
by News Roomby News RoomHiking a levy on the profits of major firms could raise up to £8 billion a year for public services, the IPPR said.
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US firm Sycamore Partners completed its 10 billion dollar (£7.4 billion) deal to buy Walgreens Boots Alliance on Thursday.