LONDON: Centaur Media, an international provider of business intelligence, learning and specialist consultancy, announced the appointment of Sarah Sanderson as Managing Director of The Lawyer, who will be joining the business on 1 May. Sarah will replace Jane Wilkinson, who will leave Centaur on 26 April to pursue a portfolio career. In her role as…
Category: London Stock Exchange
News and updates from London Stock Exchange
Blackstone Group proposes enhanced takeover bid of $1.24/share for Hipgnosis
LONDON, UK: Blackstone Group has put forth a lucrative fourth proposal to acquire Hipgnosis, offering $1.24 per share in cash. This offer, termed the “Fourth Proposal,” represents a significant increase from the previous $1.16 per share bid by Concord Chorus. Should Blackstone proceed with a firm intention to make an offer under Rule 2.7 of…
JTC to acquire JPMorgan’s First Republic Trust Company of Delaware for $21 million
LONDON, UK: JTC Plc, the global professional services business, announced the proposed acquisition of First Republic Trust Company of Delaware LLC (FRTC-DE), which is a wholly owned subsidiary of JPMorgan Chase Bank, N.A.. First Republic Trust Company of Delaware LLC (FRTC-DE) is a provider of trust administration services to high-net-worth individuals and is headquartered in…
Seraphim Space Investment Trust has sold nine early-stage portfolio companies
LONDON, UK: Seraphim Space Investment Trust plc (LSE: SSIT), the world’s first listed SpaceTech investment company, announced the sale of 100% of its interest in nine early-stage portfolio companies to Seraphim Space Ventures II LP, a new private venture capital vehicle managed by Seraphim Space Manager LLP for a total consideration of £3.8 million to…
Quanex Building Products to acquire Tyman Plc in a £788 million deal
LONDON, UK: Quanex Building Products Corporation has reached agreement on the terms of a recommended cash and share offer to acquire Tyman Plc. The transaction is intended to be implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act. Under the terms of the transaction, Tyman shareholders will be…
Technology Minerals Plc to sell LRH Resources Limited to European Lithium
LONDON: Technology Minerals Plc (LSE: TM1), a pioneer in the sustainable circular economy for battery metals, has declared the signing of a definitive agreement to divest its stake in exploration licenses located in Leinster, Republic of Ireland. The transaction involves the sale of LRH Resources Limited, a fully-owned subsidiary, to European Lithium Limited for a…
Frenkel Topping has acquired North West Law Services
LONDON, UK: Frenkel Topping (AIM: FEN), a specialist professional and financial services firm operating in the Personal Injury (PI) and Clinical Negligence (CN) space, announced the acquisition of North West Law Services Limited (NWL) by way of acquisition of the current parent company NWL (Group) Limited. The acquisition is in line with the Board’s strategy…
Rebecca Shelley appointed Chair of Sabre Insurance Group
LONDON: Sabre Insurance Group, one of the UK’s leading private motor insurance underwriters announce that Rebecca Shelley, who joined the Board as a Non-executive Director in December 2017, has been appointed as Chair of the Company. This is following an external search process and the receipt of regulatory approval from the PRA. The appointment takes…
Goldplat plc obtains diesel generators to combat power cuts in South Africa
LONDON: Goldplat plc (AIM: GDP), the renowned Mining Services Group with a global presence in gold recovery, has announced the successful delivery of diesel generators to its South African facilities. The company, which provides critical services to the mining sectors of Africa and South America, has confirmed that the commissioning of these generators is on…
SDX Energy signs deal to sell West Gharib interests in Egypt
LONDON: SDX Energy has executed a binding sale and purchase agreement (SPA) for the disposal of the company’s West Gharib interests in Egypt. SDX Energy also continues to progress the binding documentation for the sale of its South Disouq assets. The Company is focused on delivering shareholder value by focusing its efforts on fully exiting…
Old Mutual gains regulatory approval to establish new bank
LONDON: Old Mutual has received the green light from the Prudential Authority to set up its own banking institution. This milestone comes after an intensive review process under Section 16 of the Banks Act 94 of 1990. The approval, governed by Section 17 of the same act, marks a significant advancement for Old Mutual, allowing…
BP announces major organizational restructure to enhance growth and efficiency
LONDON: BP has announced a major overhaul of its organizational structure. The energy giant is set to simplify its framework to better support the strategic goals it established in February 2024, aimed at increasing the company’s value. The restructuring will see BP maintain its three core businesses: Production & Operations, Gas & Low Carbon Energy,…