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Don't have an account? Click here to register.Dignity to buy 36 funeral locations from Laurel
Tue, 16th Jun 2015 07:32
Funeral provider Dignity said on Tuesday that it has signed a conditional sale and purchase agreement to acquire 36 of the 83 locations currently operated by Laurel Funerals for a total consideration of £38m.The acquisition is being funded from cash resources already held by the group and is expected to complete on or around 13 July 2015.Laurel is a funeral business which currently operates 83 locations across the UK. In order to avoid any potential competition concerns, Dignity is only acquiring locations that complement its own geographic spread.Chief executive Mike McCollum said: "This acquisition will allow us to extend our funeral network further into areas that we do not currently serve. It represents an excellent investment for Dignity, using cash already held by the group, and supports our continued growth."
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28 Jun 2016 08:43
Dignity completes acquisition of three crematoria
(ShareCast News) - Listed provider of funeral-related services, Dignity, confirmed on Tuesday it has completed the acquisition of three of the previously-announced freehold crematoria locations from Co-op Funeralcare. A further two sites remain on track for completion at a later stage, the company's
Read more17 Jun 2016 15:07
2 Jun 2016 15:08
31 May 2016 09:04
Dignity to buy 5 crematoria for £43m
(ShareCast News) - Listed funeral firm Dignity said it has signed a deal to buy five crematoria from Co-op Funeralcare for £43m in cash. Three of the crematoria are freehold operations located in Glasgow, Sheffield and Lichfield, with the other two leased from and managed on behalf of local authorit
Read more10 May 2016 15:41
Tuesday newspaper share tips: G4S, Dignity
(ShareCast News) - True, stock prices don't go up in a straight line, but before yesterday's bounce shares in G4S were trading at their lowest since early 2009, The Time's Tempus pointed out. Investors breathed a sigh of relief the security services outsourcer G4S didn't announce any more 'bad news'
Read more9 May 2016 07:35
London pre-open: Stocks seen higher as oil advances, despite weak China data
(ShareCast News) - London stocks were expected to open higher on Monday despite weak trade data from China, as oil prices advance. The FTSE 100 was seen opening 35 points firmer than Friday's close at 6,160. Data released earlier showed Chinese exports dropped 1.8% on the year in April versus expec
Read more9 May 2016 07:25
Fewer deaths make for lower revenue at Dignity
(ShareCast News) - Sales took a turn for the worse at Dignity in the first quarter, with the funeral services provider reporting a 5% decrease in revenue in the 13 weeks to 25 March on Monday, to £81.2m. Underlying operating profit at the FTSE 250 firm also dipped 13%, to £31.1m. The company's boar
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