CMA probes Microsoft-OpenAI deal amid AI competition concerns

The U.K.'s Competition and Markets Authority (CMA) has sought public feedback on the partnership between Microsoft and OpenAI, a leading artificial intelligence (AI) research company. The Competition and Markets Authority…

NNR December 8, 2023

London Exchange

Permira Funds agrees to acquire GGW Group, a European insurance brokerage platform

FRANKFURT, GERMANY: Permira, the global private equity firm, announced that a company backed by the Permira funds has agreed to acquire GGW Group. GGW Group is one of the leading…

NNR December 8, 2023

London Exchange

BSF and CellRev join forces to create a new Foodtech company for cultivated meat

LONDON: BSF, a biotech company that owns two tissue engineering companies, 3D Bio-Tissues and Kerato, has announced a joint venture with CellulaRevolution, a leader in continuous cell manufacturing, to form…

NNR December 8, 2023

London Exchange

Longboat Energy farms down two Norwegian licences and secures full carry of Lotus well

LONDON, UK: Longboat Energy, a Norway and Malaysia-based oil and gas company, has announced a deal with Concedo AS to reduce its stakes in two exploration licences on the Norwegian…

NNR December 8, 2023

London Exchange

Roche signs deal to acquire Schroders’s Carmot Therapeutics for upto $3.1 billion

LONDON, UK: Schroders Capital’s portfolio company Carmot Therapeutics Inc. has entered into a definitive agreement to be acquired by Roche, a global pharmaceutical company, at a purchase price of $2.7…

Bernice Miles December 8, 2023

London Exchange

IG Group Holdings appoints Breon Corcoran as Chief Executive Officer

LONDON, UK: IG Group Holdings plc announced the appointment of Breon Corcoran as Chief Executive Officer. He will join the Group on 29 January 2024 and will be a member…

NNR December 8, 2023

London Exchange

Oxford Biomedica transforms into a pure-play CDMO in cell and gene therapy

LONDON, UK: Oxford Biomedica, a leading cell and gene therapy CDMO, has announced a business update for the year ending 31 December 2023. The update highlights the Company’s progress in…

Ali Mirza December 7, 2023

London Exchange

Wynnstay acquires two industrial properties from Gunne family for £2.525 million

LONDON, UK: Wynnstay, a property investment company, has announced that it has agreed to buy two industrial properties from the Gunne family for £2.525 million. The properties are located in…

NNR December 7, 2023

London Exchange

EQTEC Plc has signed agreement for a plant in California

LONDON, UK: EQTEC Plc has signed agreement for a plant in California. The company will provide engineering services and equipment supply for a plant that will convert wood waste into…

NNR December 7, 2023

London Exchange

Energean Plc enters Morocco gas market with Chariot deal

LONDON, UK: Energean plc, a Mediterranean gas producer, has announced a farm-in agreement with Chariot Limited, a UK-based oil and gas company, to acquire a stake in two offshore licences…

Ali Mirza December 7, 2023

London Exchange

EnQuest announces new CEO for Veri Energy and new CFO for the Group

LONDON, UK: EnQuest PLC, an oil and gas company, has announced some changes in its senior management. Salman Malik, the current CFO and Managing Director of Infrastructure and New Energy,…

NNR December 7, 2023

London Exchange

CEO DS Smith Plc Miles Roberts to retire

LONDON, UK: DS Smith Plc announced that Miles Roberts has informed the company of his intention, following 13 years with the company, to retire from the Board and from his…

NNR December 7, 2023