Corporate

Result of Fundraise and Board Change | Company Announcement | Investegate

Result of Fundraise and Board Change | Company Announcement | Investegate

Debenhams Group raised approximately £40 million in gross proceeds from an oversubscribed and upsized share issuance at 18 pence each, a 5% discount to the prior closing price. Non-Executive Director Iain McDonald resigned immediately after participating in the fundraise, with new shares set to trade on AIM on February 23, 2026.

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Alkermes Completes Acquisition to Avadel

Alkermes Completes Acquisition to Avadel

Alkermes plc finalized its $2.3 billion all-cash acquisition of Avadel Pharmaceuticals on Thursday. The deal brings Avadel's FDA-approved narcolepsy drug Lumryz into Alkermes' portfolio and speeds entry into the sleep medicine market.

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Reliance to Invest $110 Billion, Chairman Ambani Says

Reliance to Invest $110 Billion, Chairman Ambani Says

Reliance Industries and its telecom unit Jio will invest 10 trillion rupees ($110.13 billion) over the next seven years, Chairman Mukesh Ambani announced Thursday. The pledge arrives during a global AI summit in New Delhi drawing tech leaders and officials.

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Target expands stores as customers get fed up with chaos

Target expands stores as customers get fed up with chaos

Target plans to open more than 300 new stores by 2035, including larger formats, as the retailer battles declining sales and customer complaints about messy stores. The expansion comes amid a 3.8% drop in comparable sales and 2.7% fall in foot traffic during the third quarter of 2025.

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Chivas, Absolut Maker Is Considering Listing On Dalal Street

Chivas, Absolut Maker Is Considering Listing On Dalal Street

Pernod Ricard SA is weighing an initial public offering for its Indian subsidiary after starting talks with advisers. The French spirits maker behind Absolut vodka and Chivas Regal whisky sees the listing as a way to unlock value from its fast-growing India operations.

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