LONDON, UK: B.P. Marsh & Partners Plc, a venture capital investor in financial services businesses, has completed the sale of its 18.38% stake in Kentro Capital Limited, a specialist insurance intermediary, to Brown & Brown, Inc, a US insurance broker, for £51.5m. The company had announced the deal on 23 May 2023. The company plans…
Category: London Exchange
London Stock Exchange (LSE) news, AIM news, AIM announcements, company announcements, corporate news, london stock market
Critical Metals to acquire DRC copper-cobalt plant for US$8 million
LONDON, UK: Critical Metals plc, a mining investment company, has announced its intention to acquire a hydrometallurgical plant in the Democratic Republic of the Congo (DRC) that can produce copper cathode and cobalt hydroxide. The plant, known as the Kastro Plant, is located in Lubumbashi and has a feed capacity of 12,000 tonnes per month…
Kelso Group Holdings acquires 1.0 million shares at an average price of 108p in NCC
LONDON, UK: Kelso Group Holdings, the main market listed investment company, has made an investment in NCC (LSE:NCC), having purchased 1.0 million ordinary shares at an average price of 108p, representing 0.3% of the issued share capital of NCC. NCC is a London listed company, with a market capitalisation of £347 million, with two divisions,…
San Leon Energy secures $187m investment from TRAM and becomes majority shareholder in ELI
LONDON, UK: San Leon Energy, a Nigerian-focused oil and gas company, has announced a US$187m investment from Tri Ri Asset Management Corp. (TRAM), a global investment firm. The deal includes a US$125m loan, a US$16m share subscription, and a potential US$46m warrant exercise. San Leon will use the proceeds of the investment to increase its…
Coro Energy signs 50MW solar power MoU with Mobile World Investment Corporation
LONDON, UK: Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio, has signed a Memorandum of Understanding (MoU) with Mobile World Investment Corporation in Vietnam to install rooftop solar systems across their Vietnamese portfolio. Mobile World Investment Corporation is a white goods and consumer electronics retailer company…
UK to study feasibility of producing anode material from Greenland’s graphite
LONDON, UK: GreenRoc Mining plc, a company developing critical mineral projects in Greenland, has received a grant of about £250,000 from the UK’s Automotive Transformation Fund (ATF) to study the feasibility of setting up a graphite spheronisation processing plant in the UK. The plant would produce active anode material for electric vehicle (EV) batteries and…
Doric Nimrod Air Two to sell two Airbus A380 aircraft to Emirates
LONDON, UK: Doric Nimrod Air Two Limited (“the Company” or “the Lessor”), a Guernsey investment company that owns seven Airbus A380 aircraft leased to Emirates, has announced an agreement to sell two of its aircraft to the Dubai-based airline at the end of their respective leases in October and December 2023. The sale proceeds will…
Graft Polymer joins international consortium to develop graphene-based electromagnetic shielding materials
LONDON, UK: Graft Polymer, (LSE:GPL) a multi-sector specialist chemical company, has announced an agreement to join a consortium of French, German and Slovenian partners to develop new graphene-based composites for electromagnetic interference shielding. The consortium is coordinated by the Vinca Institute of Nuclear Sciences at the University of Belgrade and funded by the HORIZON CSA…
BlueNalu Inc. raises US$ 33.5 million in a Series B Financing
LONDON, UK: Agronomics, a leading listed company focused on the field of cellular agriculture, announced that portfolio company BlueNalu Inc. has raised US$ 33.5 million from new and existing investors in a Series B Financing. The financing will enable the next stage of BlueNalu’s growth and its continued progress towards scaling and commericializing healthy and…
GSK and Zhifei partner to co-promote Shingrix vaccine in China
LONDON, UK: GSK plc (LSE/NYSE: GSK) has announced an exclusive agreement with Chongqing Zhifei Biological Products, Ltd. (Zhifei) to co-promote its shingles vaccine, Shingrix, in China for an initial three-year period. The partnership aims to significantly extend the availability and access of Shingrix, which has shown 100% vaccine efficacy in preventing shingles in Chinese adults…
Chaarat Gold Holdings CEO Mike Fraser resigns
LONDON, UK: Chaarat Gold Holdings announced the resignation of Mike Fraser as Chief Executive Officer and as a director of the Company. The Board has agreed to waive his six-month notice period and the resignation is therefore effective immediately. Until the appointment of a successor to Mike, the Executive Chair, Martin Andersson, and the Chief…
Bodycote acquires Lake City HT and Stack Metallurgical Group for $145m, plans new HIP facility
LONDON, UK: Bodycote Plc, the world’s leading provider of heat treatment and specialist thermal processing services, has agreed to acquire two specialist technology focussed businesses: – Lake City HT based in Warsaw, Indiana, a leading Medical market HIP and vacuum heat treatment business primarily supplying the orthopaedic implant market as well as Civil Aerospace customers….