News and updates from London Stock Exchange
LONDON: Sealand Capital Galaxy Limited [LSE: SCGL], a leading IT, social media, and technology company, announced the immediate appointment of Dr. Thomas Sawyer, Ph.D., MBA, as Chief Executive Officer. Dr. Sawyer succeeds Ms. Elena Suet Sum Law, who will retire…
LONDON: Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, announced a new partnership with VRSD, a subsidiary of Vossloh AG. VRSD is engaged in railway related services, with expertise in rail infrastructure and rail technology markets. It…
LONDON: Intuitive Investments Group plc (SFS: IIG), a closed-end investment company focused on high-growth opportunities in the technology and life sciences sectors, announced a significant milestone for its investee company, Hui10 Inc. (“Hui10”). Hui10 has secured a landmark agreement with…
LONDON: Redcentric plc (AIM: RCN), a leading UK IT managed services provider, announces the appointment of Brian Woodford to the Board, effective 3 February 2025. Furthermore, Brian Woodford will assume the role of CEO after an anticipated two-month transition period…
SHANGHAI: Winking Studios Limited, one of Asia’s largest AAA game art outsourcing studios, announced a proposed conditional acquisition of Shanghai Mineloader Digital Technology Co., Ltd., a leading game art outsourcing and development studio. The acquisition, funded from Winking Studios’ internal…
LONDON: Petershill Partners has completed the sale of most of its stake in General Catalyst for $726 million, reflecting a 62% premium to its $447 million carrying value as of June 2024. This sale is part of a capital restructuring…
LONDON: Carr’s Group has announced the sale of its Engineering Division, comprised of Carr’s Engineering Limited and Carr’s Engineering (US), Inc., to Cadre Holdings, Inc. for a cash consideration of £75 million on a cash-free, debt-free basis. Transaction Highlights: –…
LONDON: DiscoverIE Group plc, a leading international designer and manufacturer of customized electronics, has announced the acquisition of German-based specialist sensor manufacturer Burster Group for €30.6 million (£25.9 million) in an initial cash consideration. The deal will be funded from…
LONDON: Optima Health (AIM: OPT), the UK’s foremost provider of technology-enabled corporate health and wellbeing solutions, announced Thursday an agreement to acquire the entire issued share capital of BHSF Occupational Health Limited from BHSF Group Limited. The acquisition, valued at…
LONDON: IG Group Holdings plc has announced the acquisition of Freetrade, a fast-growing, commission-free, self-directed investment platform, for £160 million. This acquisition aims to strengthen IG’s UK trading and investments offerings and provide access to new customer segments and capabilities….
LONDON: Loungers plc and CF Exedra Bidco Limited, a company indirectly owned by Fortress Investment Group, LLC, have announced an agreement for Bidco to acquire the entire issued and to be issued share capital of Loungers. The acquisition will be…
LONDON: Thruvision Group plc (AIM: THRU), an international provider of walk-through security technology, announced a strategic review and the potential launch of a formal sale process aimed at maximizing value for shareholders, employees, and other stakeholders. Despite advancements in technology…