Mutares sells Austrian logistics subsidiary BEXity to Raben Group

MUNICH: Mutares SE & Co. has sold its Austrian logistics subsidiary BEXity to Raben Group, one of Europe's largest logistics companies based in the Netherlands. BEXity is a leading logistics…

NNR February 28, 2022

London Exchange

Spectris plc confirms £31/share offer to acquire Oxford Instruments

LONDON, UK: Spectris plc has confirmed that it is in discussions with Oxford Instruments regarding a potential acquisition of the entire issued and to be issued share capital of Oxford…

NNR February 28, 2022

London Exchange

Shell intends to exit equity partnerships held with Gazprom entities

LONDON, UK: The Board of Shell plc Monday announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied…

Bernice Miles February 28, 2022

London Exchange

Tata Steel acquires CPL to produce medical materials

LONDON, UK: Tata Steel Advanced Materials Limited (TSAML), an indirect wholly owned subsidiary of Tata Steel Limited, has executed a Share Purchase cum Shareholders' Agreement for acquisition of 90% equity…

Ali Mirza February 28, 2022

PSX

Fatima Group inks $1 billion deals with global agriculture giants at Expo Dubai

LAHORE, PAKISTAN: Fatima Group, one of the fastest-growing industrial conglomerates in Pakistan, has signed two MoUs of over USD1 billion with two key global agriculture stakeholders – China Machinery Engineering…

NNR February 28, 2022

London Exchange

GSK to spinout Consumer Healthcare business into new company, Haleon

Emma Walmsley, Chief Executive Officer, GSK said: "Today is an important milestone for GSK as we formally introduce Haleon to investors. It comes ahead of what promises to be the…

NNR February 28, 2022

London Exchange

Mercia announces further direct investment into MIP Diagnostics

LONDON, UK: Mercia Asset Management (AIM: MERC) announced completion of a second tranche investment round of £4.3 million into existing direct investment portfolio company, MIP Diagnostics Limited, a UK-based nanotechnology…

NNR February 28, 2022

London Exchange

Russia’s attack on Ukraine: bp will exit its shareholding in Rosneft

LONDON, UK: The bp board announced that bp will exit its shareholding in Rosneft. bp has held a 19.75% shareholding in Rosneft since 2013. Additionally, bp chief executive officer Bernard…

NNR February 28, 2022

London Exchange

KEFI Gold and Copper continues with rapid progress in Saudi Arabia

LONDON, UK: KEFI Gold and Copper (AIM: KEFI), the gold and copper exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi…

NNR February 28, 2022

London Exchange

Infrastructure India to sell Indian Energy (Mauritius) Limited

LONDON, UK: Infrastructure India plc (IIP) has signed an agreement for the conditional sale of Indian Energy (Mauritius) Limited's (IEL) assets. IEL, which is a wholly owned subsidiary of IIP,…

NNR February 28, 2022

London Exchange

Chariot Limited awarded the Rissana Offshore Licence in Morocco

LONDON, UK: Chariot Limited (AIM: CHAR), the Africa focused transitional energy company, has been formally awarded the Rissana Offshore Licence in Morocco. Mrs Amina Benkhadra, General Director Office National des…

NNR February 28, 2022

London Exchange

The MISSION Group acquires youth focused creative business, Livity

Alex Goat, Chief Executive Officer of Livity, said: "MISSION's focus on creativity, innovation and entrepreneurialism makes it a natural fit for Livity. They understand that brands need to act with…

Ali Mirza February 28, 2022