Spirax-Sarco Share News (SPX)

LONDON BRIEFING: Rio Tinto reaches deal to up stake in Mongolia mine

(Alliance News) - Rio Tinto on Thursday said it has reached a new agreement to take full ownership of Turquoise Hill, owner of the massive Oyu Tolgoi copper-gold project in Mongolia, at an improved price of CAD43, around USD32.64, per share.

LONDON BROKER RATINGS: UBS lowers retailers Kingfisher, Dunelm and DFS

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

LONDON MARKET CLOSE: US inflation elation fades; GSK and Haleon weigh

(Alliance News) - Equities in London failed to sustain gains into Thursday despite further data showing price pressures may finally be easing in the US.

Spirax-Sarco Engineering posts lower interim profit but ups dividend

(Alliance News) - Spirax-Sarco Engineering PLC on Thursday declared a higher interim dividend despite reporting a lower profit due to manufacturing input cost rises.

Spirax-Sarco hails 'strong' first half despite headwinds

(Sharecast News) - Spirax-Sarco Engineering hailed a "strong" first half on Thursday despite headwinds, as it reported a jump in profits and said order books remain at record levels.

Spirax‐Sarco inks binding deal for acquisition of Vulcanic

(Alliance News) - Spirax‐Sarco Engineering PLC on Monday said it has finalised an agreement for the acquisition of Vulcanic SA.

Spirax-Sarco signs binding £223m deal to buy Vulcanic Group

(Sharecast News) - Thermal energy and pumping specialist Spirax-Sarco Engineering has signed a binding definitive agreement to acquire the Vulcanic Group from French private equity company Qualium, it announced on Monday.

LONDON BROKER RATINGS: Goldman likes Haleon but says sell Schroders

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

TOP NEWS: Spirax-Sarco in talks to buy Vulcanic for EUR262 million

(Alliance News) - Spirax-Sarco Engineering PLC on Monday said it has entered exclusive negotiations for the acquisition of a European industrial electric heating group.

Spirax-Sarco in exclusive talks to buy Vulcanic

(Sharecast News) - Thermal energy management specialist Spirax-Sarco Engineering has entered into exclusive negotiations to buy Vulcanic from French private equity group Qualium for €261.7m (£225.5m) on a cash and debt-free basis.

Director dealings: Segro non-exec buys almost £0.4m of shares

(Sharecast News) - Segro was on the list of director buys on Monday, after a non-executive director purchased almost £0.4m worth of shares.

DIRECTOR DEALINGS: Jardine Director Witt buys USD2.5 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News:

IN BRIEF: Spirax-Sarco Engineering enters talks over Chromalox site

Spirax-Sarco Engineering PLC - Cheltenham, England-based thermal energy management and pumping - Starts a consultation with trade unions regarding the financial underperformance of its Chromalox manufacturing facility near Paris. It is part of its Electric Thermal Solutions business. Considers the consequences of the underperformance, including the potential closure of the site. Says the consultation has no impact on any other company facility in Europe or elsewhere. Leaves its 2022 guidance unchanged.

Spirax-Sarco considering closure of loss-making French facility

(Sharecast News) - Spirax-Sarco Engineering said on Monday that it considering closing its loss-making Chromalox manufacturing facility in Soissons, France.

UK dividends calendar - next 7 days