News and updates from London Stock Exchange
LONDON, UK: The Office of Rail and Road (ORR) has today set out its Final Determination of Network Rail’s five-year, £43.1bn (£38.5bn in England and Wales, £4.6bn in Scotland) plans to deliver a safe and customer-focussed railway. The plans cover…
LONDON, UK: IG Group, a London-based financial services company, is taking steps to make its business more efficient and profitable. The company plans to cut about 300 jobs, or 10% of its staff, by the end of FY23. It also…
LONDON, UK: Vodafone Group Plc has entered into binding agreements with Zegona Communications plc in relation to the sale of 100% of Vodafone Holdings Europe, S.L.U. (Vodafone Spain). On completion, Vodafone’s consideration will comprise at least €4.1 billion in cash…
LONDON, UK: Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage solutions provider, has entered into a conditional agreement which will result in the Company increasing its ownership to 100% of the Vametco vanadium…
LONDON, UK: Oakley Capital Origin Fund I has agreed to acquire a majority stake in Alerce, a leading Spanish provider of transport and logistics software solutions. Origin will invest alongside Alerce’s founding family, including CEO Pablo Pardo Garcia, who will…
LONDON, UK: Frasers Group has divested the IP of Missguided to SHEIN, in line with its disciplined approach to managing its portfolio of brands. Under the terms of the transaction, SHEIN will acquire the IP and trademarks of Missguided, whilst…
LONDON, UK: Premier Foods has acquired FUEL10K, a vibrant Breakfast brand, with a portfolio of granola, oats and drinks products, as the Group significantly expands its presence in the breakfast meal occasion. FUEL10K is a differentiated, protein enriched Breakfast brand….
LONDON, UK: Ascential plc has entered into agreements to sell its Digital Commerce business to Omnicom Group Inc., and its product design business (WGSN) to Wind UK Bidco 3 Limited, a newly-formed company established by funds advised by Apax Partners…
LONDON, UK: Intuitive Investments Group plc (IIG) has agreed, at a valuation of $365 million, to acquire in the entire issued share capital of Hui10 Inc. in exchange for the issue of 1.911 billion new ordinary shares in Intuitive Investments…
LONDON, UK: On 26 October 2023, the Apax Global Impact Fund (AGI), in which AGA is a limited partner, announced that it had acquired GAN Integrity, a leading provider of technology that enables proactive, integrated, real-time management and monitoring of…
LONDON, UK: Intelligent Safety Electronics (ISE) has agreed to acquire all shares of FireAngel Safety Technology Group not already owned or controlled by ISE at the rate of 7.40 pence per FireAngel Share. The offer values the total issued and…
LONDON, UK: Renew Holdings (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, announced that it has acquired the entire issued share capital of T.I.S. Cumbria Ltd (“TIS”), for a total cash consideration…