LONDON: J Sainsbury PLC has entered into an agreement for the sale of Sainsbury’s Bank plc’s personal loan, credit card and retail deposit portfolios to NatWest Group, one of the UK’s leading banks. “We expect the Transaction to complete in the first half of calendar year 2025,” a press release noted. This Transaction does not…
Category: London Exchange
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3radical announces collaboration with Digital Alchemy
LONDON: Electric Guitar PLC (LSE: ELEG), the digital marketing and advertising company providing first-party data solutions, announced that 3radical Limited, its primary operating subsidiary, has agreed a strategic collaboration with Digital Alchemy to help drive client acquisition and engagement. 3radical, a leader in gamification and audience engagement solutions, and Digital Alchemy, a global marketing automation…
Guild enters Call of Duty: Warzone for Esports World Cup
LONDON: Guild Esports (LSE: GILD), a global teams organisation and lifestyle brand, is pleased to announce its entry into Call of Duty: Warzone, a multiplayer, first-person shooter developed by Infinity Ward and Raven Software and published by Activision. Guild’s new Warzone team will compete at the Esports World Cup (EWC) under the Guild banner. This…
General Electric announces delisting from London Stock Exchange
LONDON: General Electric Company (operating as GE Aerospace) has taken significant steps toward simplification by requesting the cancellation of its ordinary shares’ listing on the London Stock Exchange (LSE). The move follows a comprehensive review of trading volume, costs, and administrative requirements associated with the LSE Listing. As part of this process, the company has…
Vodafone sells 18.0% stake in Indus Towers
LONDON: Vodafone Group Plc announced that it has sold 484.7 million shares in Indus Towers Limited, representing 18.0% of Indus’ share capital through an accelerated book-build offering. The Placing raised INR 153.0 billion (€1.7 billion) in gross proceeds which will be used to substantially repay Vodafone’s existing lenders in relation to the outstanding bank borrowings…
AOTI Inc. commences trading on London Stock Exchange
AOTI has all of the building blocks in place to secure expanded market access and commercialisation of our TWO2 Therapy and to continue the staged roll-out of the NEXA NPWT System
Crossword Cybersecurity partners with the UK subsidiary of a global aerospace, defence and security company
LONDON, UK: Crossword Cybersecurity Plc (AIM:CCS), the cybersecurity solutions company focused on cyber strategy and risk, has signed a three year, exclusive partnership with the UK subsidiary of a global aerospace, defence and security company, to jointly market Rizikon, the supply chain cyber platform, to selected sub sectors within the UK critical national infrastructure (CNI)…
Castings PLC acquires assets and stock of Russell Ductile Castings
LONDON: Castings PLC, the leading iron casting and machining group primarily focused on the European heavy truck market, has acquired the fixed assets and stock of Russell Ductile Castings Limited (RDC) from its appointed administrators. Russell Ductile Castings Limited (RDC), a subsidiary of Chamberlin plc, was an iron foundry producing parts for the capital goods…
Invinity Energy Systems announces 4 MWh sale to PowerFlex
LONDON: Invinity Energy Systems (AIM: IES), a leading global manufacturer of utility-grade energy storage, announced a 4 MWh sale to PowerFlex, part of EDF Renewables North America. The batteries will be used in a California Energy Commission-funded solar microgrid project being undertaken by the Rincon Band of Luiseño Indians. The project will see 18 Invinity…
Longboat Energy to sell its 50.1% shares in Longboat Japex Norge AS to Japan Petroleum
Longboat Energy to sell its 50.1% holding in Longboat Japex Norge AS (LJN) to its joint venture partner Japan Petroleum Exploration Co. Ltd (JAPEX).
Shawbrook Group to acquire motor finance lender, JBR Auto Holdings
LONDON: Shawbrook Group plc has signed an agreement to acquire JBR Auto Holdings Limited (JBR), a UK specialist motor finance lender focused on high-end vehicles. Subject to satisfaction of the conditions precedent to the acquisition, completion is expected to take place in Q3 2024. The acquisition not only broadens Shawbrook’s offering within the regulated motor…
Hikma agrees to acquire Xellia Pharmaceuticals’ assets for $135 million
LONDON: Hikma Pharmaceuticals has agreed with Copenhagen based Xellia Pharmaceuticals to acquire parts of its US finished dosage form (FDF) business and assets, including a commercial portfolio and pipeline of differentiated products, a manufacturing facility in Cleveland, Ohio, sales and marketing capabilities, and an R&D center in Zagreb, Croatia. Hikma will pay a cash consideration…