MOSCOW: X5 Group (LSE: FIVE), a leading Russian food retailer, announced the acquisition of the Nice Ice ready-to-eat food business in the Leningrad Region. The Company has obtained the relevant permit from a government commission. As part of the deal, X5 will take over ownership of a 4,200-square metre ready-to-eat food smart kitchen in the…
Category: London Stock Exchange
News and updates from London Stock Exchange
Wilmington plc has sold French healthcare business, APM, for €26 million
LONDON, UK: British Media Group, Wilmington plc (LSE: WIL), the provider of data, information, education and training in the global Governance, Risk and Compliance markets, has sold its French healthcare business, APM, for an enterprise value of €26 million in cash, subject to customary working capital adjustments, to Philia Medical Editions SAS, a subsidiary of…
GCP Infra secures exit from Blackcraig Wind Farm
LONDON: GCP Infra has successfully divested its loan note holdings in the Blackcraig Wind Farm, achieving a 6.4% premium over the project’s valuation as of 31 March 2024. The Blackcraig Wind Farm, a 52.9MW onshore facility situated in Dumfries and Galloway, Scotland, has been operational since May 2018 and enjoys the financial backing of Renewable…
ITM Power forms partnership with Hygen for industry growth
LONDON: ITM Power announced a partnership with Hygen, being appointed as their preferred supplier for Proton Exchange Membrane (PEM) electrolysers for hydrogen projects within the UK and across Europe. Hygen’s goal is to implement up to 200 MW of electrolyser projects over the coming years across the UK and wider Europe, utilising ITM technology and…
Solar Foods raises an additional EUR8 million in new financing
LONDON: Agronomics (LSE:ANIC), a leading listed company focused on the field of cellular agriculture, announced that portfolio company Solar Foods Oy has raised an additional EUR8 million in funding via Finnish investment organiser Springvest Oyj. This additional funding is a subsequent close to Solar Food’s Series B round which took place in November 2023, bringing…
Mining giants BHP and Anglo American evaluate merger
Rejection of BHP Proposal LONDON, UK: BHP Group has confirmed its intention to pursue a historic merger with Anglo American. On April 16, 2024, BHP proposed an all-share offer that would see Anglo American shareholders receive 0.7097 BHP shares for each Anglo American share, alongside a pro-rata distribution of shares in Anglo American Platinum Ltd…
Kromek Group receives new Nuclear Security contract from US federal entity
LONDON: Kromek Group plc (AIM: KMK), a leading developer of radiation and bio-detection technology solutions for the advanced imaging and CBRN detection segments, is pleased to announce that it has been awarded a contract, worth up to $2.9m, from a US federal entity for the provision of nuclear security products. The contract, which is from…
Afentra secures government nod for Angolan oil asset acquisition
LONDON: Afentra plc, the AIM-listed oil and gas entity with a focus on African assets, has announced the Angolan government’s approval for its acquisition of interests in two oil blocks from Azule Energy Angola Production B.V. The deal, which involves a 12% stake in Block 3/05 and a 16% stake in Block 3/05A, is now…
Ariana Resources Plc announces merger with Rockover Holdings
LONDON: Ariana Resources plc, a prominent AIM-listed mineral exploration and development company, has announced a landmark merger agreement to acquire Rockover Holdings Limited, thereby gaining full ownership of the Dokwe Gold Project in Zimbabwe. This move signifies a pivotal expansion beyond Ariana’s established Turkish operations and aligns with its strategic goal of establishing a global…
Norcros plc to sell Johnson Tiles UK for £1 million
LONDON, UK: Norcros plc, a market-leading designer and supplier of high quality bathroom and kitchen products in the UK, Europe and South African markets, announced that following a strategic review, it has entered into an agreement to sell Johnson Tiles UK to its existing management team. Johnson Tiles UK, based in Stoke-on-Trent UK, designs, manufactures…
Woodside Energy leads transformation in Energy Sector: CEO Meg O’Neill
LONDON: In a year marked by both triumph and tragedy, Woodside Energy has emerged as a leader in the energy sector’s transformation. CEO and Managing Director Meg O’Neill reflected on the company’s journey through 2023, a year of record production and strategic advancements, but also a year marred by the loss of a colleague at…
TotalEnergies EP Congo increases Moho interest; divests from Nkossa and Nsoko II
LONDON: TotalEnergies EP Congo, an 85% subsidiary of TotalEnergies, has inked a deal with Trident Energy to adjust its stakes in multiple offshore licenses. The agreement entails TotalEnergies EP Congo acquiring an additional 10% interest in the Moho deep-offshore field, while selling its 53.5% stake in the mature Nkossa and Nsoko II fields to Trident…