Risk & Economy » 5 things FDs need to know this week

5 things FDs need to know this week

As the week comes to an end, we pick out five highlights from the past five days

1. Comcast puts in bid for 21st Century Fox assets

The American media giant, Comcast, has reportedly approached 21st Century Fox about acquiring some of its assets, including some of its cable networks, movie studio and  TV studio.

The news comes not long after reports that Disney held talks with the Murdoch-owned company, for the same assets.

2. Deliveroo raises another $98m in funding

The food delivery company has managed to raise an additional $98 million from private investors, which added to the existing $385 million it raised in September, bringing its fundraising total to nearly $500 million.

3. Carillion shares fall after profit warning

Shares in the British construction company fell 34% after it issued its third profit warning in five months. The company has said it is heading towards a breach of debt covenants and will need fresh capital.

4. Broadcom finalises $5.5bn Brocade deal

The American semiconductor company, Broadcom, has closed on its acquisition of the Singapore-based network gear maker, Brocade Communications Systems Inc. The deal was agreed in November last year but hit multiple hurdles.

5. Jaguar Land Rover testing driverless cars

Jaguar Land Rover is now testing driverless cars, and trials have been underway for several weeks.



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