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Armour Group PLC news

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Bob Morton censured by Takeover Panel over Armour Group
The reprimand, which does not carry any regulatory penalty or fine, arose regarding Morton's stake in tech investment company the Armour Group (ARMG), in which he took a 39% stake via a placing of new shares in 2011, having gained a 'whitewash' ...
Takeover Panel censures Bob Morton over purchases of Armour Group shares by ...
... the Takeover Panel (the Panel) issued a public statement of censure of entrepreneur Mr Bob Morton for his failure to make an offer under Rule 9.1 of the Takeover Code (the Code), in connection with purchases of shares in Armour Group PLC (Armour), ...
Armour Group Completes Capital Reduction By Cancelling Deferred Shares
LONDON (Alliance News) - Armour Group PLC Wednesday said the High Court of Justice has confirmed the company's reduction in its share capital through the cancellation of the company's share premium account and deferred shares.
Armour Group Doing Due Diligence On Retail-Focused Software Business
LONDON (Alliance News) - Armour Group PLC, an investing company, on Thursday said it is in talks with a retail-focused software business and has begun doing due diligence on the deal.
China slowdown sparks Burberry sales warning
The British luxury group said retail sales were affected by an “increasingly challenging environment for luxury, particularly Chinese customers”.
China slowdown weighs on Burberry H1 sales (subscription)
Aberdeen in search for buyer as emerging markets take toll
Aberdeen Asset Management has begun to sound out potential buyers for the group as Europe's second-largest fund house struggles to put an end to a slump in its profitability, share price and assets under management.
National Australia Bank outlines plan to exit UK
David Duffy, chief executive of Clydesdale and Yorkshire, said: “We're going to be independent for the first time since 1920 - we're excited about being able to control [our] own destiny; it's a psychologically positive move.
Thorburn is rewriting NAB's rulebook  Business Spectator
RSA sells Latin American assets to Sura
Eamonn Flanagan of Shore Capital wrote: “This deal has taken a long time to complete, but the ultimate price represents a good exit premium for RSA and delivers a further tidying up exercise for the group either as an independent business or as part of ...
Bank directors have lack of technology know-how, study finds
So, for example, Sir Mike Rake, deputy chairman of Barclays, counted as having technology experience as he is non-executive chairman of telecoms group BT - even though he spent most of his career as an accountant at KPMG. Banks in the US and UK ...
Carlyle to buy Innovation Group for �500m
British insurance claims technology company Innovation Group has agreed a buyout by Carlyle Group, the US private equity firm, for almost �500m, just months after it set out on a wide-ranging restructuring of its business.