Odey hits at Anglo American (AAL)’s rescue bid for Sirius Minerals (SXX). Hedge fund says £524m offer undervalues North Yorkshire fertiliser mine developer.
Ashley (Laura) Holding (ALY) grabs funding lifeline in survival battle. Shares in struggling retailer rebound after main shareholder agrees deal.
Metro Bank (MTRO)’s interim boss Dan Frumkin to take top job permanently. Turnround specialist faces challenge of winning back investor confidence.
Qatar Airways increases stake in BA owner International Consolidated Airlines Group SA (CDI) (IAG). Gulf carrier boosts holding as it ramps up strategy of investing in profitable airlines.
Diageo (DGE) agrees $5m SEC fine over hidden sales. Regulator says world’s largest spirits maker used overshipments to mislead investors