LONDON, UK: Esken, the aviation and renewable energy group, has agreed to sell its stake in Mersey Bioenergy, a combined heat and power plant in Widnes, to UK Waste Resources and Energy Investments L.P., a member of the Bioenergy Infrastructure…
LONDON, UK: Downing Renewables & Infrastructure Trust plc [DORE] has signed an agreement to acquire Mersey Reactive Power, a UK-based, fully operational 200 MVAr shunt reactor for a cash consideration of c.£11.0 million. Completion is subject to Ofgem approval. This…
LONDON, UK: Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, has signed a purchase agreement to acquire MicroStrain Sensing Systems Business for $37.6 million (£29.4 million). Based in Vermont, MicroStrain is a leading developer of inertial…
LONDON, UK: Praetura Growth VCT plc, a newly established Venture Capital Trust (VCT), has revealed its plans to launch an initial public offering (IPO) targeting gross proceeds of £10 million. The company aims to issue 10 million ordinary shares of…
As the world hurtles toward the future, technology continues to evolve at an unprecedented pace. The tech industry is constantly evolving, and it can be hard to keep up with the latest trends. The year 2024 promises to be a…
LONDON, UK: London-based healthcare company Syncona Ltd has announced the launch of Beacon Therapeutics Holdings Limited (Beacon Therapeutics), a leading ophthalmic gene therapy company. The company aims to restore and improve the vision of patients with retinal diseases. The launch…
LONDON, UK: Capita plc confirms that it has agreed to sell software businesses CIBS, CHKS, Retain, WFM and Synaptic to AdvancedAdvT Limited for an enterprise value of £33 million on a cash-free, debt-free basis. Including cash and debt-like items and…
LONDON, UK: Gfinity plc (AIM: GFIN), a prominent technology and media company in the gaming industry, has announced the divestment of a 72.5% stake in its subsidiary Athlos to Tourbillon Group UK Limited. Under the agreement, Tourbillon will assume all…
LONDON, UK: UK-based global games label and publisher, Team17 Group plc, has announced the appointment of Steve Bell as its new Chief Executive Officer (CEO), effective from January 1, 2024. Bell, who will join the company’s Board as CEO Designate…
Summer is a time for travel, A time to explore new places and meet new people. There are so many amazing places to visit in the summer, From the beaches of the coast to the mountains of the interior. So…
LONDON, UK: Ashington Innovation plc, a special purpose acquisition company (“SPAC”) aiming to benefit from favourable price conditions for companies in the financial services technology (fintech) and deep technology (deep tech) sectors, has announced the results of its initial public…
LONDON, UK: Aurrigo International plc (AIM: AURR) has acquired GB Wiring Systems Limited, specialist providers of electrical wiring harnesses and assemblies for the Automotive industry, for a consideration of approximately £0.25m (the “Acquisition”). The Acquisition will be immediately earnings enhancing…