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).
Category: London Stock Exchange
News and updates from London Stock Exchange
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…
Aptamer Group signs product development partnership with Microsaic Systems
LONDON: Aptamer Group plc (AIM: APTA), the developer of novel Optimer® binders to enable innovation in the life sciences industry, announced a partnership with Microsaic Systems plc to develop a panel of Optimer binders for integration into a water testing system. Microsaic has recently purchased the Microtox® water testing system. Earlier work with Aptamer’s COVID-19…
Samarkand Group has sold long-established probiotics brand Probio7
LONDON, UK: Samarkand Group plc (AQSE:SMK), the consumer brand owner and cross border eCommerce distribution services group following its recent trading update, today announced the disposal of its long-established probiotics brand Probio7. “We are announcing the disposal of our probiotic brand Probio7, for a total consideration of £1.3m to be satisfied by initial consideration of…
CPP Group divests legacy business CPP Italia Srl for €0.5 million
LONDON, UK: CPP Group (AIM: CPP), a provider of real-time, digitally delivered assistance products which reduce disruptions to everyday life for millions of people, announced that it has disposed of its legacy operations in Italy through the sale of its wholly owned subsidiary, CPP Italia Srl to IGS EMEA SL for a cash consideration of…
Deterra Royalties agrees to acquire Trident Royalties Plc for £144 million
LONDON: Deterra Global Holdings, a direct wholly owned subsidiary of Deterra Royalties Limited has reached agreement on the terms and conditions of a recommended all-cash offer to acquire Trident Royalties Plc at the rate of 49 pence/share in cash. The proposed transaction will be implemented by way of a court-sanctioned scheme of arrangement. The cash…
First Class Metals finalizes sale of Canadian properties to Seventy Ninth Group
LONDON: First Class Metals, the UK listed metals exploration company seeking economic metal discoveries across its extensive Canadian, focused in northern Ontario land holdings, has completed the formal sale process of the McKellar & Enable properties to the Seventy Ninth Group Limited (“79th Group”) for a combined figure of £270,000. Coinciding with the sale process,…
Petards Group agrees to acquire Affini Technology for £2.8 million
LONDON: Petards Group plc (AIM: PEG), the AIM quoted developer of advanced security and surveillance systems, has today conditionally agreed to acquire Affini Technology Group Limited (ATGL) and thereby indirectly its wholly owned subsidiary, Affini Technology Limited. Affini is a UK based critical communications solutions provider to the transport, blue light, energy, defence and construction…
Mandarin Oriental to sell two retail units adjoining Mandarin Oriental, Paris
LONDON: Mandarin Oriental International Limited, the publicly listed parent company of Mandarin Oriental Hotel Group, has signed an option to sell its interests in two retail units adjoining the Mandarin Oriental, Paris located at 251 rue Saint-Honoré, Paris to Lavender Propco SNC, an entity controlled by Blackstone Europe LLP for €148 million. The proceeds will…
Great Southern Copper secures major mining concessions in Chile
LONDON: Great Southern Copper plc (GSCU) has announced the successful signing of a Purchase Option Agreement for the Artemisa concession group in northern Chile. This move comes after a comprehensive 90-day due diligence period and is set to bolster the company’s Especularita project area with an additional 1,665 hectares of highly prospective land. The new…
Pierre Pellerey appointed Chief Technical Officer at DG Innovate
LONDON: DG Innovate (LSE: DGI), the advanced research and development company developing pioneering solutions in sustainable mobility and energy storage, is pleased to announce that ex-Tesla electric motor design engineer Pierre Pellerey has been appointed as the Company’s Chief Technical Officer (“CTO”), a non-board position. Pierre was previously appointed as a consultant to the Company,…