Nationwide Building Society to buy Virgin Money for £2.9 billion in cash

LONDON, UK: Nationwide Building Society has agreed to acquire Virgin Money UK PLC for £2.9 billion in cash, in a deal that would create the UK's second largest mortgage and…

Bernice Miles March 7, 2024

London Exchange

Argo Blockchain sells Quebec data center for $6.1 million, cuts debt and costs

LONDON, UK: Argo Blockchain plc, a global leader in cryptocurrency mining, announced on Monday that it has agreed to sell its Quebec data center in Mirabel, Quebec, for $6.1 million.…

Bernice Miles March 5, 2024

London Exchange

Hochschild Mining to acquire Brazilian gold project from Cerrado Gold

LONDON: Hochschild Mining PLC, a London-based precious metals producer, announced that it has secured an option to buy the Monte Do Carmo gold project in Brazil from Cerrado Gold Inc.,…

Bernice Miles March 5, 2024

London Exchange

Induver and Clover merge to form Belgium’s leading corporate insurance broker

LONDON: Induver and Clover, two of Belgium’s leading independent corporate insurance brokers, have announced their merger to create a new market leader in the sector. The combined business will benefit…

Bernice Miles March 4, 2024

London Exchange

Renalytix explores sale options after receiving takeover bid from rival

Renalytix plc, a company that uses artificial intelligence to diagnose and treat kidney disease, has announced that it is considering selling itself or its assets after receiving an unsolicited takeover…

Bernice Miles March 4, 2024

London Exchange

ITV Sells its 50% Share of BritBox International to BBC Studios for £255 million

LONDON, UK: ITV plc has announced that it has sold its entire 50% interest in digital subscription streaming service BritBox International to its joint venture partner BBC Studios for a…

Bernice Miles March 1, 2024

London Exchange

South32 sells Illawarra Metallurgical Coal business in Australia for up to $1.65B

LONDON: South32 Limited, a diversified mining company, has announced that it has agreed to sell its Illawarra Metallurgical Coal business in Australia to a consortium of Golden Energy and Resources…

Bernice Miles February 29, 2024

London Exchange

Bunzl acquires catering equipment giant Nisbets and Finnish distributor Pamark for £339m

LONDON, UK: Bunzl plc, a leading international distribution and services Group, has agreed to buy an 80% stake in Nisbets and its related businesses for £339m in cash. Nisbets is…

Bernice Miles February 26, 2024

London Exchange

Marlowe sells GRC software and services assets for £430 million

LONDON, UK: Marlowe plc, the UK leader in business-critical services and software which assure regulatory compliance, has agreed to sell some of its Governance, Risk & Compliance (GRC) software and…

Bernice Miles February 22, 2024

London Exchange

MYCELX Technologies sells Saudi Arabia operations for up to $7.125 million

LONDON, UK: MYCELX Technologies Corporation, a company that provides clean water and clean air solutions for various industries, has announced the sale of its Saudi Arabia business operations to Twarid…

Bernice Miles February 22, 2024

London Exchange

Rio Tinto signs Australia’s biggest renewable power deal

LONDON, UK: Rio Tinto has signed Australia's largest renewable power purchase agreement (PPA) to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from…

Bernice Miles February 21, 2024

London Exchange

Melanie Lane appointed Chief Executive Officer of Pod Point Group

LONDON, UK: Pod Point Group, a leading provider of electric vehicle ('EV') charging solutions in the UK, announced the appointment of Melanie Lane as Chief Executive Officer ("CEO") with effect…

Bernice Miles February 20, 2024