FTSE 100 news / Companies and sectors / IMI / 7 October 2026
IMI (IMI): news on Wednesday 7 October 2026
+6.0 strongly positive
Coverage was mainly about IMI agreeing to buy iSMA CONTROLLI for €63m, which extends its smart building business. The shares were also reported to have edged up by 1.07 percent.
What drove it
- iSMA CONTROLLI acquisition
- smart building push
- share price gain
The 3 stories
- +7.0 IMI to buy iSMA CONTROLLI for €63m as it deepens smart building push
Bolt-on acquisition strengthens IMI's smart building offering. - +6.3 IMI Agrees €63m Acquisition Of ISMA CONTROLLI
Same €63m acquisition agreed; modest strategic positive. - +2.3 IMI issues 3,012 shares and IMI stock gains 1.07 percent
Small share gain; share issue is routine.
IMI: every day · Industrials and support services on 7 October 2026 · FTSE 100 overview for the day