The long-running managing director of AIM-listed Norish is to step down at the end of the year, the multi-temperature warehousing and logistics company said on Tuesday. Norman Hatcliff, who has 40 years of experience in the temperature controlled storage and logistics sector, 15 of which have been w
Read moreNorish, the AIM-listed Irish warehousing and logistics company, saw its turnover and profits decline in the first-half as its Town View Foods subsidiary is still suffering from the horse meat scandal last year. Thus, the company’s revenues decreased to £11.1m compared to £11.4m last year, whil
Read moreLONDON (Alliance News) - Norish PLC Wednesday said it raised a total of GBP2.08 million through a share placing and open offer, money it will use to buy the freehold to its Birmingham cold storage site for GBP2.25 million. Last month, the warehousing company said it had raised the GBP2 mill
Read moreLONDON (Alliance News) - Norish PLC Friday said that it has conditionally raised GBP2 million before expenses in a placing, and is looking to raise up to a further GBP0.2 million in an open offer. The warehousing company said it raised the GBP2 million before expenses, through a placing of
Read moreLONDON (Alliance News) - Shares in Norish PLC were up 6% Thursday morning, after the warehousing and logistics business said its swung to a pretax profit in 2013, and increased revenues, as it shed a number of businesses. The warehousing company, which serves the food manufacturing, distrib
Read moreShares in cold storage firm Norish have fallen by 14% following its announcement that bid talks have ended. Norish announced that it had received a bid approach last November. The Ireland-based company described it as a "very preliminary approach". Just before the talks were revealed, Irish minin
Read moreFootsie closed the day healthily in the blue as investors got excited about shopping centre owners and other property groups. Capital Shopping Centres Group (CSC), the shopping centre arm of what used to be Liberty International, raced ahead after it put pen to paper to purchase Manchester's Traffo
Read moreFootsie is more or less back to where it started the day after a quiet lunch time session, though investors continue to be excited about shopping centre owners. Capital Shopping Centres Group (CSC), the shopping centre arm of what used to be Liberty International, has raced ahead after it put pen t
Read moreNorish says that it has received a "very preliminary approach" which could lead to an offer for the Ireland-based cold storage business. Talks are at a very early stage and there is no certainty that an offer will be made. Earlier today, Norish announced that it was switching its nominated and b
Read moreThe Junction Fund, which is 13.4% owned by the property fund manager Capital & Regional has sold the St Andrews Quay Retail Park in Hull to Threadneedle Strategic Property Fund for £81.9m. Last month Capital & Regional's 16.7% owned Mall Fund raised £135.9m through the sale of four shopping centres
Read moreXstrata chief executive Mick Davis has raised £7.76m from selling shares in the Switzerland-based mining giant. The shares came from exercising options and Davis made a profit of £5.9m on their disposal. This gain comes less than one month after he made a near-£8m gain on the sale of another set o
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