Inchcape Share News (INCH)

Berenberg slightly raises target price on Inchcape

(Sharecast News) - Analysts at Berenberg slightly raised their target price on automotive distribution, retail, and services company Inchcape from 1,035.0p to 1,085.0p on Friday following the group's acquisition of Derco.

LONDON BROKER RATINGS: Credit Suisse cuts Next to 'underperform'

(Alliance News) - The following London-listed shares received analyst recommendations late Thursday and Friday morning:

Inchcape completes acquisition of Derco for GBP1.3 billion

(Alliance News) - Inchcape PLC on Tuesday announced the completion of its acquisition of Latin America's largest independent automotive distributor Derco for GBP1.3 billion.

LONDON MARKET OPEN: Stocks jump in first session of 2023

(Alliance News) - Stock prices in London made a strong start to the new year on Tuesday, despite weak Chinese data and the UK suffering a fresh wave of rail strikes.

LONDON BRIEFING: Stocks called higher; China factory sector shrinks

(Alliance News) - Stocks in London are expected to start a new year on the front foot on Tuesday, after a mixed session in Asia amid weak Chinese economic data.

LONDON MARKET OPEN: Trading subdued on quiet Friday before holidays

(Alliance News) - Stock prices in London opened slightly higher Friday on a half-day ahead of the four-day Christmas break.

IN BRIEF: Inchcape acquisition of Derco to complete before end of year

(Alliance News) - Inchcape PLC - London-based automotive distributor - Says all conditions for its acquisition of Derco have been met. Derco is an automotive distributor in Latin America with operations in Chile, Peru, Colombia, and Bolivia. Inchcape shareholders approved the proposed acquisition last Friday, and it received receipt of merger control approval by the Peruvian authorities on Thursday this week. Inchcape expects the acquisition to take place before the end of the year.

LONDON BRIEFING: Stocks to start half-day positively despite weak lead

(Alliance News) - Equities in London were set to open a shortened trading day in the green on Friday, despite indices falling in Asia and the US.

Inchcape Derco takeover cleared by Peru

(Sharecast News) - Auto distributor Inchcape said Peruvian authorities had cleared its planned £1.3bn takeover of Derco, with completion of the deal expected to take place by the end of the year.

UK shareholder meetings calendar - next 7 days

LONDON BRIEFING: Asos interim CFO departs; Safestore enters Germany

(Alliance News) - Stocks in London are set to open marginally lower on Friday, ahead of US non-farm payrolls later in the day, a piece of data expected to loom large for the US Federal Reserve at its December meeting.

TOP NEWS: Inchcape CFO De Zoeten resigns after "lapse in judgement"

(Alliance News) - Inchcape PLC on Monday said Chief Financial Officer Gijsbert de Zoeten is standing down from the board and his role with immediate effect.

LONDON BRIEFING: Arrests after anti-lockdown protests across China

(Alliance News) - Stocks in London are set to open lower on Monday, amid risk-off sentiment globally, following anti-lockdown protests across several major cities in China.

Inchcape CFO de Zoeten steps down

(Sharecast News) - Car dealership Inchcape said on Monday that chief financial officer Gijsbert de Zoeten has voluntarily tendered his resignation and will be standing down with immediate effect.

Inchcape records revenue growth; could outperform profit expectations

(Alliance News) - Inchcape PLC on Thursday said it had recorded strong revenue growth in the third quarter and expected to meet or exceed its profit guidance for the full year.