LONDON: Trustpilot Group plc, a leading online review platform, announced impressive financial results for the year ending December 31, 2023. The company’s profitability accelerated, surpassing expectations, and key metrics demonstrated sustained positive momentum. Financial Highlights Strategic Highlights Outlook Trustpilot’s strong performance in 2023, including accelerated profitability and robust bookings growth, positions the company well for…
Category: London Stock Exchange
News and updates from London Stock Exchange
Tissue Regenix reports record revenues and positive EBITDA for 2023
LONDON: Tissue Regenix Group (AIM: TRX), a pioneer in regenerative medical devices, has reported its audited final results for the year ending December 31, 2023. The company has achieved record revenues and, for the first time, a positive adjusted EBITDA for the full year. Financial Milestones: The company has seen a top-line revenue growth of…
Boku Inc announces soaring profits and user growth in 2023
LONDON: Boku Inc (AIM: BOKU), the leading global provider of localized payment solutions, has reported a significant surge in its annual revenues and user engagement for the year ended December 31, 2023. Financial Growth:Boku’s revenues climbed by 30% to $82.7 million, up from $63.8 million the previous year, marking a 33% increase on a constant…
Unilever to carve out ice cream division into a separate entity
LONDON: Unilever has announced the initiation of a significant restructuring process, and is set to separate its Ice Cream division and launch an extensive productivity programme as part of its Growth Action Plan (GAP). The Unilever Board is confident that the future growth potential of Ice Cream will be better delivered under a different ownership…
Diversified Energy announces record results and strategic acquisition of Oaktree interest
LONDON: Diversified Energy Company PLC has reported its final audited results for the year ending December 31, 2023, showcasing a record average net daily production of 821 MMcfepd (137 MBoepd), with a December exit rate of 775 MMcfepd (129.2 MBoepd). The company’s year-end reserves stood at an impressive 3.8 Tcfe (642 MMBoe), with a present…
Team Internet Group agrees to acquire Shinez I.O. for $41.8 million
COMPLETION OF ACQUISITION OF SHINEZ I.O. LTD LONDON, UK: Team Internet Group (AIM: TIG) has entered into a definitive agreement to acquire the entire issued share capital of a leading online marketing business, Shinez I.O. Ltd and its subsidiaries from its current shareholders. Shinez specialises in the production and promotion of highly engaging content across…
Wickes Group to acquire 51% Gas Fast Limited, parent of Solar Fast
LONDON, UK: Wickes Group plc has agreed to acquire 51% of the issued share capital of Gas Fast Limited, the parent company of leading solar installations company Solar Fast. The Business focuses on solar panels installations, alongside a smaller business installing gas boilers. The acquisition will enable Wickes to expand its offering into the fast-growing…
AstraZeneca to acquire Fusion Pharmaceuticals in a $ 2.0 billion deal
LONDON: AstraZeneca has entered into a definitive agreement to acquire Fusion Pharmaceuticals Inc., a clinical-stage biopharmaceutical company developing next-generation radioconjugates (RCs). The acquisition marks a major step forward in AstraZeneca delivering on its ambition to transform cancer treatment and outcomes for patients by replacing traditional regimens like chemotherapy and radiotherapy with more targeted treatments. RCs…
TotalEnergies has acquired American company, Talos Low Carbon Solutions
PARIS: To bolster its carbon capture and storage (CCS) capabilities, TotalEnergies has announced the complete acquisition of Talos Low Carbon Solutions, a pioneering American company in the CCS sector. This acquisition positions TotalEnergies with a 25% stake in the Bayou Bend CCS project, a significant venture along the Texas Gulf Coast, in partnership with Chevron…
AUCloud set to acquire PCG Cyber, Venn IT Solutions and Arado for $28 million
SYDNEY, AUSTRALIA: Sovereign Cloud Holdings Limited (AUCloud) is set to acquire three businesses, aiming for product and revenue diversification and a profitability path by FY25. The acquisitions are part of a strategic review to enhance capabilities in cybersecurity and cloud solutions. The combined entity, MergeCo, is expected to generate an Underlying EBITDA of approximately $4.7…
Pfizer announces major share sale in Haleon plc alongside a strategic share buyback
LONDON, UK: Pfizer Inc. has declared its intention to offload a substantial portion of its shares in Haleon plc. The transaction involves approximately 630 million ordinary shares, including those represented by American Depositary Shares (ADSs), through a dual public offering in the United States and an international offering to qualified investors. The pricing for this…
British Land and Royal London Asset Management forge £385m joint venture for science hub
LONDON, UK: British Land and Royal London Asset Management Property have announced the creation of a 50:50 joint venture, set to transform 1 Triton Square into a premier science and innovation hub at Regent’s Place. The partnership, valuing the property at £385 million, aims to expedite the development of this cutting-edge facility. The joint venture…