Marshalls Share News (MSLH)

Deutsche Bank downgrades Marshalls to 'hold'

(Sharecast News) - Analysts at Deutsche Bank downgraded their rating on hard landscaping products manufacturer Marshalls from 'buy' to 'hold' on Friday, stating the group's future was "paved with greater uncertainty".

LONDON BRIEFING: Next Fifteen steps into M&C Saatchi takeover battle

(Alliance News) - Digital marketing services firm Next Fifteen Communications on Friday muscled into the tussle over advertising agency M&C Saatchi by making a GBP310.1 million cash-and-shares offer.

LONDON MARKET CLOSE: Stocks rise as annual US inflation slows in April

(Alliance News) - Stocks in London ended higher on Wednesday after data showed annual US inflation moderated in April.

LONDON MARKET MIDDAY: Stocks rise as markets await US inflation

(Alliance News) - Stocks in Europe were extending morning gains at midday on Wednesday, with a positive open seen in New York, as traders eagerly await the latest consumer price index reading from the US.

TOP NEWS: Marshalls falls as warns of uncertain trading environment

(Alliance News) - Marshalls PLC shares fell on Wednesday after the company cautioned of uncertainty ahead and said that revenue in its domestic market took a hit.

Marshalls revenue up against strong 2021 comparators

(Sharecast News) - Shares in landscaping products supplier Marshalls fell on Wednesday as labour shortages offset strong consumer demand in its domestic division.

IN BRIEF: Marshalls completes acquisition of roofer Marley Group

Marshalls PLC - Elland, England-based landscaping products company - Completes the acquisition of Marley Group PLC. At the start of April, Marshall entered into a conditional agreement to acquire the pitched roof system manufacturer for GBP535 million. Marshalls raised approximately GBP187 million through a capital raising around the same time to help fund the acquisition.

IN BRIEF: Marshalls gets 27% acceptances for open offer of shares

Marshalls PLC - Elland, West Yorkshire-based landscaping products - Receives acceptances from existing shareholders for 27% of the new shares on offer as part of the open offer portion of its equity raise. The GBP187 million total capital raise, which also included a share placing to institutional investors, was conducted at 650 pence per share. It is to raise funds to go toward the GBP535 million acquisition of pitched roof system manufacturer Marley Group PLC. General meeting of shareholders held on Thursday approves conditional portion of share placing.

UK shareholder meetings calendar - next 7 days

LONDON BROKER RATINGS: IAG and Wizz Air receive price target cuts

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Marshalls raises GBP187 million to fund Marley Group acquisition

(Alliance News) - Marshalls PLC on Thursday said it has raised around GBP187 million through a capital raising, which will go towards partly funding the acquisition of pitched roof system manufacturer Marley Group PLC for GBP535 million.

Marshalls raises £187m in accelerated bookbuild to help fund Marley deal

(Sharecast News) - Landscape products manufacturer Marshalls said on Thursday that it has raised around £187m in an accelerated bookbuild to help fund the acquisition of roofing specialist Marley.

Marshalls to acquire roof manufacturer Marley Group for GBP535 million

(Alliance News) - Marshalls PLC said on Wednesday it entered into a conditional agreement to acquire pitched roof system manufacturer Marley Group PLC for GBP535 million.

Marshalls to buy roofing specialist Marley for £535m

(Sharecast News) - Stone and concrete landscape products maker Marshalls said on Wednesday that it has agreed to buy roofing specialist Marley from private equity firm Inflexion for £535m, with part of the consideration to be funded through a share placing.

Marshalls 2021 revenue ahead of pre-Covid levels on strong demand

(Alliance News) - Marshalls PLC on Thursday reported revenue ahead of pre-pandemic levels and a sharp increase in annual profit due to supportive market conditions and strong demand in 2021.