logo
UK Analytics Firm GlobalData Said to Attract Takeover Interest

UK Analytics Firm GlobalData Said to Attract Takeover Interest

Bloomberg30-04-2025

GlobalData Plc, the UK research and analytics company controlled by billionaire entrepreneur Mike Danson, is attracting takeover interest from several international private equity firms, people with knowledge of the matter said.
The London-listed company has received approaches from suitors including KKR & Co., the people said, asking not to be identified because the information is private.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Discover 3 UK Dividend Stocks Yielding Up To 6.3%
Discover 3 UK Dividend Stocks Yielding Up To 6.3%

Yahoo

time30 minutes ago

  • Yahoo

Discover 3 UK Dividend Stocks Yielding Up To 6.3%

The UK market has recently experienced some turbulence, with the FTSE 100 index closing lower due to weak trade data from China, highlighting the interconnectedness of global economies and their impact on local markets. In such uncertain times, dividend stocks can offer investors a measure of stability through regular income streams, making them an attractive option for those looking to balance risk and reward in their portfolios. Name Dividend Yield Dividend Rating WPP (LSE:WPP) 7.09% ★★★★★★ Seplat Energy (LSE:SEPL) 6.94% ★★★★★☆ OSB Group (LSE:OSB) 6.71% ★★★★★☆ NWF Group (AIM:NWF) 4.66% ★★★★★☆ Man Group (LSE:EMG) 7.21% ★★★★★☆ Keller Group (LSE:KLR) 3.28% ★★★★★☆ James Latham (AIM:LTHM) 6.84% ★★★★★☆ Grafton Group (LSE:GFTU) 3.64% ★★★★★☆ Dunelm Group (LSE:DNLM) 6.66% ★★★★★☆ 4imprint Group (LSE:FOUR) 5.07% ★★★★★☆ Click here to see the full list of 59 stocks from our Top UK Dividend Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Hargreaves Services Plc offers environmental and industrial services across the United Kingdom, Europe, Hong Kong, and internationally, with a market cap of £217.82 million. Operations: Hargreaves Services Plc generates revenue primarily from its Services segment, which accounts for £219.11 million, and also from Hargreaves Land, contributing £10.54 million. Dividend Yield: 5.6% Hargreaves Services offers a dividend yield of 5.61%, placing it in the top 25% of UK dividend payers. However, its dividends are not well covered by cash flows, with a high cash payout ratio of 108.7%, and have been volatile over the past decade. Recent executive changes, including Simon Hicks' appointment as COO, may impact future performance but currently do not assure improved dividend reliability or sustainability despite potential earnings growth. Get an in-depth perspective on Hargreaves Services' performance by reading our dividend report here. Our valuation report here indicates Hargreaves Services may be overvalued. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Intertek Group plc offers quality assurance solutions across multiple industries worldwide, with a market capitalization of approximately £7.62 billion. Operations: Intertek Group plc generates revenue through several segments, including World of Energy (£757.30 million), Consumer Products (£958.80 million), Health and Safety (£337.20 million), Corporate Assurance (£496.30 million), and Industry and Infrastructure (£843.60 million). Dividend Yield: 3.2% Intertek Group's dividend yield of 3.24% is below the top UK payers but remains reliable, supported by a payout ratio of 73% and cash flow coverage at 53.5%. Dividends have grown steadily over the past decade with minimal volatility. Recent developments include a final dividend approval of 102.6 pence per share and board committee changes, which may influence governance but not directly affect current dividend stability or growth prospects. Click here to discover the nuances of Intertek Group with our detailed analytical dividend report. The valuation report we've compiled suggests that Intertek Group's current price could be quite moderate. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Vesuvius plc offers molten metal flow engineering and technology services to the steel and foundry casting industries globally, with a market cap of £904.47 million. Operations: Vesuvius plc generates revenue through its segments: Foundry (£476.30 million), Steel - Flow Control (£769 million), Steel - Sensors & Probes (£39.20 million), and Steel - Advanced Refractories (£535.60 million). Dividend Yield: 6.3% Vesuvius offers a dividend yield of 6.35%, ranking in the top 25% of UK payers, yet its dividends are not well covered by free cash flow, indicated by a high cash payout ratio of 99.2%. Despite past volatility and unreliable payments, dividends have grown over the last decade. Recent share buybacks totaling £50 million suggest potential capital return focus but do not directly enhance dividend sustainability given current coverage issues. Click here and access our complete dividend analysis report to understand the dynamics of Vesuvius. In light of our recent valuation report, it seems possible that Vesuvius is trading behind its estimated value. Take a closer look at our Top UK Dividend Stocks list of 59 companies by clicking here. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:HSP LSE:ITRK and LSE:VSVS. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

‘Perverse' benefits system is unsustainable, warns Liz Kendall
‘Perverse' benefits system is unsustainable, warns Liz Kendall

Yahoo

time35 minutes ago

  • Yahoo

‘Perverse' benefits system is unsustainable, warns Liz Kendall

Liz Kendall has said 'perverse incentives' in the benefits system must be tackled as she resists pressure from Labour rebels to water down her welfare reforms. The Work and Pensions Secretary said the Government needed to take 'urgent action' to get people into work and warned that the rise in claims for personal independence payment (Pip) was 'not sustainable'. In a letter to Debbie Abrahams, the chairman of the Commons work and pensions select committee, Ms Kendall said: 'Reforms are needed now to make the system sustainable, while supporting those people with the greatest needs. 'Our plan to rebalance the rates in Universal Credit will remove perverse incentives that trap people in benefit dependency.' The comments come as Ms Kendall's plans to cut personal independence payment (Pip) and the health element of universal credit face mounting criticism from Labour MPs. Last month the MPs' committee urged Ms Kendall to delay the implementation of her reforms, citing concerns about 'the impact of the proposed cuts in universal credit health support on employment, poverty and health outcomes'. Backbenchers have also been calling for the proposals to be dropped. Dismissing their concerns, Ms Kendall wrote: 'We urgently need welfare reform to give people a better future – to stop people from falling into inactivity, restore trust and fairness in the system.' As it stands, those who are permanently signed off work because of sickness and claim universal credit health top up receive more than twice as much as those on the basic level of universal credit. Those signed off sick do not need to look for work, while those on basic universal credit do. Ms Kendall and others argue that this encourages people to claim sickness benefits and puts them off trying to find work. A report from the Resolution Foundation found that 'changes to the benefits system over the last decade have strengthened the incentive to claim incapacity and disability benefits'. The changes to the welfare system include stricter eligibility for claiming Pip and reducing payments for new claimants of the health element of Universal Credit. They are forecast to save £5bn by 2030. The Work and Pensions Secretary said the reforms were necessary as the current rise in Pip cases was outpacing the increase in disability prevalence. Even after changes to disability benefits, the number of people on Pip is still forecast to grow by 750,000 by the end of the parliament, according to government estimates. The cost of Pip is poised to rise from £15bn before the pandemic to £37bn in real terms by the end of the decade, while the overall cost of sickness and disability benefits is expected to climb to £100bn. Pip is the main non-means-tested benefit for those with health conditions or disabilities, with payments of up to £9,500 a year to help people with living costs and getting around. 'With Pip caseload and costs forecast to continue rising, reforms are needed now to make the system sustainable, while supporting those people with the greatest needs,' said Ms Kendall. Under plans announced in March, the Government will tighten the eligibility criteria for people to claim Pip. A separate but linked concern are worries about the high level of unemployed young people. The latest figures from the Office for National Statistics show that 923,000 people aged between 18 and 24 were not in employment, education or training (Neet) in between January and March 2025. There are concerns that many will find themselves stuck on benefits without help. Alison McGovern, the employment minister, told the work and pensions committee on Wednesday: 'The situation for young people – well, it's a big worry for me at the moment.' Ms McGovern added that the high number of Neets meant there were 'nearly one million young people effectively on the scrapheap. They need a start, they need a chance for a career'. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.

Market Minute 6-11-25- Tamer Inflation Plus End of Talks = Happier Markets
Market Minute 6-11-25- Tamer Inflation Plus End of Talks = Happier Markets

Yahoo

timean hour ago

  • Yahoo

Market Minute 6-11-25- Tamer Inflation Plus End of Talks = Happier Markets

Markets were cheered by two developments overnight and this morning, with equities and Treasuries rebounding from earlier losses. Gold is rising along with crude oil, while the dollar is dipping. Yes, the inflation data IS getting better – and that's a plus! The Consumer Price Index (CPI) rose just 0.1% in May, below the average forecast for a gain of 0.2% The 'core' index that strips out food and energy also rose 0.1%, compared with expectations for a 0.3% rise. To get a FREE copy of the complete MoneyShow 2025 Top Picks Report, click HERE.) From a year ago, inflation is running at 2.4% on the headline and 2.8% on the core. While many experts have worried that higher tariffs would feed through to broad goods prices, this data suggests we're not seeing it yet. The Federal Reserve will be pleased, even as we still aren't likely to see any rate cuts at the meeting that concludes next Wednesday. Ditto for the one after it that wraps on July September is in play. Meanwhile, the latest round of US-China trade talks in London are both sides have shared upbeat comments afterward. It looks like we'll see an easing of slow-walked or newly restricted exports (rare earths in China's case, tech gear in the US's case). See also: Silver: Taking Out Ready for its Next Big Move President Trump and President Xi Jinping will have to review and sign off on what negotiators agreed to. Plus, based on what Trump shared in a social media post this morning, it looks like we're mostly back to where we were after a previous round of talks in Geneva a month ago. But that appears to be good enough for markets. More From SPX: If We Recapture the Old Highs, What Might Happen Next? BEP: A Solid Play for Profiting from Utility Sector M&A SPX: If We Recapture the Old Highs, What Might Happen Next? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store