A Californian firm backed by private equity has won deals with No10 to supply more than a billion coronavirus tests ahead of the mass twice-a-week testing drive. Innova Medical Group has raked in £2.8billion from British taxpayers in controversial deals for lateral flow tests that give results within 30 minutes. It was officially founded last … Read more
British software giant Aveva Group lines up £2.8billion rights issue to fund its takeover of American rival OSIsoft Investors can buy seven new shares for every nine they own at £22.55 each Aveva shares fell 2.1% to 4,118p following the news on Frdai morning By This Is Money Published: 11:11 GMT, 6 November 2020 | Updated: … Read more
French fashion giant Chanel is among foreign firms sharing £2.8billion of British taxpayers money in emergency loans, despite being owned by billionaires. The Paris-based doyen of fashionistas has been given £600million in Bank of England loans despite being owned by brothers Alain and Gérard Wertheimer, who have personal wealth estimated at £30billion. German chemicals giant … Read more