Nicolas Thomas

Bayer teams up with Apollo and raises EUR3bn

The German chemicals and pharmaceuticals giant has sold a minority stake in its contraceptives business (LARC) to US fund Apollo, aiming to address major debt maturities and legal disputes.

10 July 2026 at 07:28 pm AEST

SK Hynix rides the wave

The Korean memory specialist's dual listing in the United States comes at an opportune moment.

10 July 2026 at 05:32 pm AEST

MarketScreener Odds and Ends: Trump, the trader-president?

Donald Trump is racking up stockmarket trades, Copenhagen keeps its title as the world's most livable city and all the gold ever known would fit into a sphere about thirty meters across.

10 July 2026 at 12:10 am AEST

AstraZeneca shares slump after clinical trial fails

AstraZeneca shares slid on the London Stock Exchange (-9.49%, to 12,888 pence) after announcing a Phase III trial failure for Wainua, developed by the Anglo-Swedish drugmaker and Ionis, in patients with transthyretin amyloid cardiomyopathy.

09 July 2026 at 06:30 pm AEST

Backed by Uber, Lime still needs to convince investors that its model is viable

Urban micromobility specialist Lime went public last week.

08 July 2026 at 07:13 pm AEST

Rivian stock slides on $1.5bn capital increase

Rivian Automotive announced a public offering of 75m Class A common shares, a move that sent the stock down about 12% in early trading. Based on Monday's closing price of $20.14, the fundraising is expected to bring in nearly $1.51bn. The automaker also included an option allowing the banks to buy up to 11.25m additional shares.

08 July 2026 at 12:50 am AEST

Crypto prediction contracts are not just simple bets

Esma has just issued a clarification, reminding the market that binary-outcome contracts based on financial assets may be derivatives that cannot be marketed to retail investors.

07 July 2026 at 10:23 pm AEST

EasyJet ready to accept offer from Castlelake, but investors remain cautious

easyJet shares hit their highest level in four years after the airline said that it is, in principle, willing to accept a £5.5bn takeover offer from the US fund Castlelake. The board said that it is open to a higher proposal of £6.90 per share, up from the initial £5.60, which could lead to the group being delisted from the London Stock Exchange. Despite this progress, the stock remained well below the proposed price, a sign that markets still doubt the deal will go through.

07 July 2026 at 04:26 pm AEST

Tesla benefits from New Street Research's positive call

Tesla is posting a strong rebound on Monday in New York (+3.37%, $406.72), after falling 7.49% in its previous session on Thursday (with Friday a market holiday in the United States). The stock is benefiting from a favorable note from New Street Research.

07 July 2026 at 12:37 am AEST

BITA: BlackRock writes a monthly check on a bitcoin that pays none

BlackRock's new bitcoin ETF arrived on the Nasdaq with a simple promise: aim to pay cash every month to its holders. Bitcoin itself has never paid anything to anyone. So someone has to write the check in its place.

03 July 2026 at 06:21 pm AEST

Ryanair: A Network Strategy That Is Paying Off

The Irish carrier's strategy, which focuses more on flight frequency than on the net opening of new routes, is allowing it to improve unit revenues and strengthen its competitive position in Europe, according to analysts at Bernstein.

01 July 2026 at 07:10 pm AEST

EasyJet: Bidding War Escalates as Rhetoric Softens

The bidding war surrounding easyJet continues to intensify. From £5.60 to £6.00 and then £6.25, the airline yesterday rejected the latest offer from the American fund at £6.50 per share. However, the tone between the two parties has notably shifted.

26 June 2026 at 07:41 pm AEST

Serial Acquirers: 3 Listed Companies Swallowing Businesses Without Choking

Any listed company can sign a check. Maintaining margins afterward and moving on to the next deal is another matter entirely. Some companies grow this way, methodically buying up their neighbors. The problem is that the line between a skilled consolidator and a compulsive buyer can be thin.

26 June 2026 at 06:54 pm AEST

EasyJet Rejects a Third Offer From Castlelake and Waits for a Better Bid

23 June 2026 at 04:54 am AEST

Siemens Energy Weighs a Separation of Its Industrial Division

Siemens Energy is examining the possibility of separating its Transformation of Industry division, according to an internal document cited by Manager Magazin. The business, which employs around 17,000 people and generated €5.7bn in revenue in the last fiscal year, supports industrial clients in decarbonization and energy-efficiency projects. The German group confirmed that it regularly reviews its portfolio of activities, while noting that no decision has yet been made.

19 June 2026 at 03:17 am AEST

Diageo Prepares a Restructuring Under Dave Lewis

Diageo's new chief executive, Dave Lewis, has launched a sweeping review of the group's costs and headcount to improve competitiveness and profitability. According to the Financial Times, he has asked members of the executive committee to set out cuts to spending and staffing, without yet specifying the scale of the job reductions being considered. An internal communication detailing the expected measures could come as soon as next week.

18 June 2026 at 03:59 am AEST

Stellantis Explores Partnerships to Revive Maserati

18 June 2026 at 01:57 am AEST

Elliott Takes Stake in Bunzl and Demands Share Buybacks

The American activist fund Elliott Investment Management has acquired approximately 5% of Bunzl, becoming one of the largest shareholders in the British professional supplies distributor. This stake was favorably received by the markets, with the stock rising as much as 3.7% before maintaining a more moderate gain during the session. Bunzl is currently valued at approximately £8.23bn, and its shares have risen by about 25% since the beginning of the year.

16 June 2026 at 12:50 am AEST

Vattenfall Selects Rolls-Royce SMR to Spearhead Sweden's Nuclear Revival

Vattenfall has selected Rolls-Royce SMR to provide a series of small modular nuclear reactors as part of its initiative to expand nuclear capacity in Sweden. The British group was chosen over American rival GE Vernova as the nation seeks to bolster energy security and achieve carbon neutrality by 2045. This decision represents a significant milestone, marking Sweden's first new nuclear project in more than forty years.

15 June 2026 at 11:34 pm AEST

Frasers Group offers to buy out Hugo Boss for nearly EUR2bn

Frasers Group, the British retailer controlled by Mike Ashley, has announced an offer to buy out Hugo Boss in a deal worth approximately EUR2bn. Already the largest shareholder in the German group, Frasers is offering EUR38 cash per share for shares that it does not yet own. The offer represents a 4.3% premium over the last closing price and values Hugo Boss at nearly EUR1.978bn.

11 June 2026 at 06:33 pm AEST

Frasers Group Launches €2bn Takeover Bid for Hugo Boss

Frasers Group, the British retail powerhouse controlled by Mike Ashley, has announced a voluntary takeover bid for Hugo Boss valued at approximately €2bn. Already the largest shareholder in the German fashion house, Frasers is offering €38 per share in cash for the remaining equity it does not yet own. The offer represents a 4.3% premium over the last closing price, valuing Hugo Boss at nearly €1.978bn.

11 June 2026 at 04:19 am AEST