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15.04.26 - 19:06
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Government′s 1.5m housebuilding target in England is suffering subsidence | Nils Pratley (The Guardian)
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As the country's biggest housebuilder cuts land buying and the Iran war pushes up costs, setting an ambitious figure appears even more foolishThis is what the government didn't want to hear when its target to build 1.5m new homes in England during this parliament already looked out of reach. The country's biggest housebuilder is trimming its purchases of new land because the Iran war has created “a less certain backdrop”.Barratt Redrow's “disciplined approach” isn't a downing of tools, it should be said. The company had previously expected to buy between 10,000 and 12,000 plots; now it will acquire between 7,000 and 9,000. In money terms, it equates to about £100m less from a £800m-£900m budget. It is a scaling-back, as opposed to the outright halt to buying new land that London-focused Berkeley Group announced a couple of weeks ago. Continue reading......
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15.04.26 - 18:06
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Organigram Closes Previously Announced Acquisition of Sanity Group, Private Placement Financing with BAT and ATB Senior Secured Credit Facilities (Business Wire)
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TORONTO & BERLIN--(BUSINESS WIRE)--Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” or “Organigram”) and Sanity Group GmbH (“Sanity” or “Sanity Group”) jointly announced the successful closing of Organigram's previously announced acquisition (the “Acquisition”) of Sanity Group, pursuant to the terms of a share purchase agreement dated February 18, 2026 (the “Share Purchase Agreement”). In connection with closing of the Acquisition, a wholly owned subsidiary of the Company acquired all of the issued and outstanding shares of Sanity Group not already owned by the Company for an upfront purchase price paid on closing of €107.3 million, consisting of €78.0 million in cash and €29.3 million in share consideration (the “Upfront Consideration”). In connection with the closing of the Acquisition, the Company also closed its previously announced private placement financing (the “Private Placement”) with BT DE Investments Inc. (“BAT”), a wholly owned subsidi...
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15.04.26 - 17:48
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Could this cheap FTSE 100 stock be the next Rolls-Royce? (Fool)
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Paul Summers casts his eye over a battered-but-high-quality FTSE 100 stock. Is this the next top-tier company to stage a great recovery?
The post Could this cheap FTSE 100 stock be the next Rolls-Royce? appeared first on The Motley Fool UK....
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