Nestlé, Unilever (ULVR) and Coca-Cola bid for Horlicks. Competition rises to secure GlaxoSmithKline (GSK) prized malted drink brand
BAE Systems (BA.) ties up £5bn Qatar deal for Typhoon fighters. UK defence group confirms contract for jets with receipt of first payment
Investors take fright over 90% profit drop at Cenkos Securities (CNKS). City broker cuts dividend and cites Mifid II impact on research and commission revenue
Ocado Group (OCDO) sees rate of retail revenue growth slow. Online grocer moves to scale up at speed with openings of automated warehouses
Marsh & McLennan to buy Jardine Lloyd Thompson Group (JLT) for £4.3bn. Latest deal in the fast-consolidating insurance sector
Spire Healthcare Group (SPI) profits drop after ‘unprecedented’ fall in patients. Increased costs for staff, drugs and new hospitals also weigh on earnings
Kingfisher (KGF) shrugs off doubts about turnround. Failure to deliver unification strategy could attract activist investors, say analysts