Pennon to raise £550 million in rights issue, rebase dividend for water upgrade

Pennon to raise £550 million in rights issue, rebase dividend for water upgrade

Pennon to raise £550 million in rights issue, rebase dividend for water upgrade
Three claims are on the table: a securities-law claim for misleading investors after shares hit the secondary market, a claim that shareholders were treated unfairly, and an ordinary negligence claim. Because the securities-law claim needs a judge’s sign-off before it can proceed, the shareholder also asked for that permission, known as leave, at the same…
The average time taken to sell a property in England’s slowest local authorities has increased by as much as 38%, as higher mortgage rates prompt more buyers to adopt a “wait-and-see” approach, said Zoopla. Melton in Leicestershire was the worst-performing local authority in July 2026, with homes taking an average of 76 days to…
Munis were steady to slightly firmer in spots Friday, while short-term U.S. Treasuries saw small gains and equities ended mixed. Processing Content With the Federal Reserve meeting next week, there should be “relatively manageable” tax-exempt supply, which should ease the pressure on bids wanteds, which were up 42% this week compared to the five-week average,…
The proposed grant program would be funded by proceeds from the Oregon Lottery.Adobe Stock An Oregon lawmaker proposed a $1 million grant program to allow small cities struggling financially to maintain parks, libraries, museums and other essential community spaces. Processing Content The grants and loans of up to $50,000 would be available to cities with…
Vishal Garg has retaken the reins at Better Home & Finance Corp. after a successful consent solicitation led to the ouster of five board directors. Garg, the company’s founder, had been terminated from his CEO and board chair roles on Aug. 3. On Monday, he announced the final certification from the independent inspector of election,…
BAC launched the foreclosure in January 2010. The borrower answered pro se. Then in April 2013, BAC submitted affidavits seeking to discontinue the action. Nothing moved for nearly five years. In January 2018, Ditech filed a fresh foreclosure on the same mortgage – without first getting leave of court on the original case. That move…