News and updates from London Stock Exchange
LONDON: Vodafone Group Plc has finalized its portfolio restructuring, initiated in May 2023, with the sale of its Italian operations to Swisscom AG. This move follows the divestiture of Vodafone Spain and the merger of Vodafone UK with Three UK,…
LONDON: Henderson European Focus Trust plc (HEFT) and Henderson EuroTrust plc (HNE) have announced their intention to merge, creating a new investment powerhouse: Henderson European Trust plc (the “Combined Trust”). This merger is poised to establish an enlarged flagship European…
LONDON: In a company announcement, Autolus Therapeutics plc (Nasdaq: AUTL), a trailblazer in programmed T cell therapies, has released its operational and financial results for the year ending December 31, 2023. The company, which is in the clinical stage, revealed…
LONDON, UK: Burford Capital Limited, a premier global finance firm specializing in law, has reported its full-year results for 2023, showcasing significant gains across the board. Christopher Bogart, Chief Executive Officer of Burford Capital, commented: “Burford had an extraordinary year….
LONDON, UK: Mustang Energy plc and Cykel AI plc have entered into a non-binding heads of terms for Mustang to acquire the entire issued share capital of Cykel, a company incorporated in England and Wales, which is listed on the…
LONDON: Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused specialist asset manager with c.£1.5billion of assets under management, has recently completed syndicated funding rounds into three of its existing direct investments, an AIM news announcement stated. The investments…
LONDON: Sign In Solutions Inc. (SIS) and SmartSpace Software have reached agreement on the terms of a recommended cash offer for the entire issued and to be issued share capital of SmartSpace by Sign In Solutions’s subsidiary, Welcome UK Bidco…
AstraZeneca announced that it has entered into a definitive agreement to acquire Amolyt Pharma, a clinical-stage biotechnology company focused on developing novel treatments for rare endocrine diseases. Under the terms of the agreement, AstraZeneca will acquire all of Amolyt Pharma’s outstanding shares for…
LONDON, UK: Woodbois Ltd (AIM:WBI), a leading company in the international timber industry, announced its decision to divest its operations in Mozambique. The Group has signed a Letter of Intent (“LOI”) for the sale of the legal entities associated with…
SYDNEY: HeraMED Limited (ASX:HMD), a pioneer in digital maternity care, has announced a definitive agreement with FemBridge to create a scalable maternal health solution. This collaboration aims to enhance maternal healthcare from preconception to postpartum, focusing on mental wellbeing. FemBridge’s…
LONDON: Macfarlane Group announced the acquisition of Allpack Packaging Supplies Limited (Allpack). This earnings-enhancing acquisition further progresses Macfarlane’s strategy to build its protective packaging business through a combination of organic and acquisitive growth. A well-established business based in East Anglia,…
LONDON: Through the partnership with Stonepeak, Ørsted will recycle capital to support its business plan and future value-creating renewable energy projects. Ørsted has signed a transaction with Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets, whereby…