Deal comes as UK funeral provider warns rising costs will hit profit
Cash offer represents a 23% premium to Tuesday’s closing share price
Group hit by higher energy prices, labour costs and lower death rates
Companies analysis from our sister publication
Vote to appoint partner from asset manager Phoenix sparks wave of resignations from board
UK funeral director’s biggest shareholder wants to replace Clive Whiley with one of its own partners
Higher costs for personal protective equipment and limits on funeral attendance undercut revenues
Patience is a part of fund manager Phoenix’s creed. Just as well
Incoming directors can expect plenty of meetings with Dignity’s biggest shareholder
Funeral operator warns of short-term hit to performance as it seeks to build market share
Tour group needs equity issue to steady ship; sunlight is no salve for undertakers’ ailments
Construction groups on stronger footings; bell tolls for Dignity; copper-tinged Barrick Gold
Customers opt for simpler services during the pandemic
An already grim outlook has become worse for the UK’s largest funeral director
Warning of challenging year with group signalling no quick resumption of dividend
Investors should steer clear until UK regulator’s probe is over
Iain Conn’s 44% rise comes despite the closest thing to a profit warning
Number of deaths in Britain down 12 per cent in first quarter of the year
Shareholders will thank ex-energy secretary for bringing to bear his political skills
Competition watchdog considers widening scope of probe into funeral services market
Prices have soared, but are not justified by higher sector costs or better service
CMA says pricing and margins ‘symptomatic of market that is not working well’
Investing in crematoria makes sense for funeral services provider
