Gresham House acquires 5MW grid level battery storage project

LONDON: Gresham House Energy Storage Fund has completed its investment in a symmetrical 5MW battery-only project based in Wolverhampton for a total enterprise value of approximately £3.5 million. The project…

NNR August 20, 2019

London Exchange

Wood reaches agreement to sell nuclear business for £250 million

LONDON: John Wood Group PLC announced the sale of its nuclear business to a subsidiary of Jacobs for a cash consideration of £250 million representing a multiple of approximately 12.4x…

NNR August 20, 2019

London Exchange

Asiamet announces successful placing of $2.1 million

LONDON: Asiamet Resources Limited has successfully placed a total of 50 million new common shares of par value US$0.01 each at a price of 3.5 pence per share raising gross…

NNR August 20, 2019

London Exchange

Kazatomprom announces extension of production cuts

LONDON: JSC National Atomic Company (Kazatomprom) has announced its intention to continue to flex down production by 20% through 2021, compared to the planned levels under Subsoil Use Contracts, a…

NNR August 20, 2019

London Exchange

TBC Group acquires Georgian e-commerce company My Group

LONDON, UK: TBC Bank Group has entered into an agreement to acquire a 65% stake in LLC My.ge, the leading classified e-commerce player in Georgia trading under the My.ge Group…

NNR August 19, 2019

London Exchange

Safestore and Carlyle form JV to enter Dutch self storage market

LONDON: Safestore Holdings will invest in a 20% stake in a joint venture with Carlyle to invest in carefully selected self-storage opportunities in Europe. Safestore has developed a highly scalable…

NNR August 19, 2019

London Exchange

LondonMetric acquires warehouse development for £24.0 million

LONDON: LondonMetric Property has agreed to purchase and fund a new 232,000 sq ft distribution warehouse for £24.0 million, reflecting a yield on cost of 5.2%. The warehouse has been…

NNR August 19, 2019

London Exchange

John McAdam appointed Chairman of ConvaTec

READING, UK: Dr John McAdam has been appointed Chairman of the Board of ConvaTec with effect from 30th September 2019, the same date as Karim Bitar joins as Chief Executive…

NNR August 19, 2019

London Exchange

Cello Health announces $10.5 million acquisition of Innovative Science Solutions

LONDON: Cello Health plc, the healthcare-led advisory group, has acquired the trade and assets of Innovative Science Solutions for $10.5 million, a release issued to London Stock Exchange noted. ISS…

NNR August 16, 2019

London Exchange

Telstra reaches $1 billion in asset monetisation

LONDON: Telstra Corporation has announced establishment and part sale of an unlisted property trust to own 37 of Telstra's existing exchange properties, a release issued to London Stock Exchange noted.…

NNR August 16, 2019

London Exchange

Etalon Group acquires Leader-Invest

LONDON: Etalon Group Company AO, a subsidiary of Etalon Group Plc, has completed the purchase of the remaining 49% of the share capital of Leader-Invest JSC from Sistema PJSFC for…

NNR August 16, 2019

London Exchange

Quadrise, Merlin signs MoU to promote heavy oil projects

LONDON: Quadrise Fuels International has signed a Memorandum of Understanding (MOU) with Merlin Energy Resources Limited to promote upstream heavy oil projects, a release issued to London Stock Exchange noted.…

NNR August 14, 2019