LONDON: AstraZeneca today announced $50 billion of investment in the United States by 2030, building on America’s global leadership in medicines manufacturing and R&D. This investment is expected to create tens of thousands of new, highly skilled direct and indirect jobs across the country powering growth and delivering next generation medicines for patients in America…
Category: London Stock Exchange
News and updates from London Stock Exchange
Anexo Group receives unconditional takeover offer from DBAY-led consortium
LONDON: Alabama Bidco Limited (“Bidco”), a new entity jointly controlled by funds managed by DBAY Advisors Limited and Anexo founders Alan Sellers and Samantha Moss, has made an unconditional recommended cash-and-loan-notes offer for all outstanding shares of legal services provider Anexo Group plc (AIM: ANX). The offer values Anexo at approximately £70.79 million. Bidco already…
Apax Partners backed bidco proposes €916.5 million acquisition of Apax Global Alpha
LONDON: The boards of Janus Bidco Limited (“Bidco”) and Apax Global Alpha Limited (“AGA”) (LSE: AGA) announced Monday a recommended cash acquisition of the entire issued share capital of AGA by Bidco. The deal values the Guernsey-based investment trust at approximately €916.5 million (approximately £794.5 million). Bidco, a newly formed Guernsey company indirectly owned by…
Jangada Mines signs terms to acquire stake in Brazilian gold project
LONDON: Jangada Mines plc announced Monday it has signed non-binding heads of terms to acquire an initial 33.3% stake in MTGOLD MINERAÇÃO LTDA, owner of Brazil’s Paranaíta Gold Project, with an option to increase its interest to 50.1% and secure management rights. The Paranaíta project is located in the historically productive Alta Floresta–Juruena Gold Province…
MONY Group reports resilient H1 results amid market headwinds; SuperSaveClub surpasses 1.5 million members
LONDON: MONY Group plc delivered resilient interim results for the six months ended 30 June 2025, with CEO Peter Duffy citing strategic momentum and platform agility as key drivers amid macroeconomic pressure in select verticals. Group revenue edged up 1% year-over-year to £225.3 million, while adjusted EBITDA rose 2% to £75.1 million, supported by cost…
Metals One secures second U.S. uranium asset with Wyoming acquisition
LONDON: Metals One (AIM: MET1) said on Monday it had completed the acquisition of the Squaw Creek Claims (SQ Claims) in Carbon County, Wyoming, marking its second uranium project in the United States amid growing interest in domestic nuclear energy assets. The SQ Claims, comprising 53 unpatented mining claims spanning roughly 430 hectares in the…
Empyrean Energy raises £1 million to advance Indonesian gas project
LONDON: Empyrean Energy plc said Monday it raised £1 million through a placement of 1.25 billion new shares to fund ongoing development of its Mako Gas Field interest in Indonesia and for general working capital. The new shares were issued at 0.08 pence each, according to the London-listed oil and gas developer, which has assets…
Assura delivers strong FY25 growth with £3.1bn healthcare portfolio and ESG milestones
LONDON: Assura plc, the UK-based specialist healthcare property investor and developer, reported a robust financial performance for the year ended March 31, 2025, underscoring its commitment to long-term growth and sustainable infrastructure. The company’s investment property value rose to £3.1 billion, marking a 14.4% increase from the prior year. A valuation gain of £58 million…
EQT to acquire majority stake in European pharma company Adalvo from Aztiq
LONDON: Aztiq has agreed to sell its majority stake in Adalvo to global investment firm EQT, expanding EQT’s portfolio in the pharmaceutical sector across Europe, Asia Pacific and the Americas. Founded by Aztiq in 2018, Adalvo has grown into a leading business-to-business pharmaceutical company, employing more than 280 staff and maintaining over 170 commercial partnerships…
Reckitt to divest essential home unit to Advent International for up to $4.8 billion
LONDON: Reckitt Benckiser Group plc announced Friday it will divest its Essential Home business to Advent International in a deal valued at up to $4.8 billion, marking a key milestone in Reckitt’s strategic shift toward a leaner, consumer health-focused portfolio. As part of the transaction, Reckitt will retain a 30% equity stake in Essential Home,…
Metals One acquires stake in U.S. uranium project; Expands portfolio
LONDON: Metals One Plc (AIM: MET1), a UK-based minerals exploration company, has acquired a 10% stake in NovaCore Exploration Inc., a private U.S. firm developing the Red Basin Uranium Project in New Mexico. The transaction supports Metals One’s U.S. uranium strategy, expanding its exploration footprint to three early-stage assets. NovaCore controls approximately 15,000 acres in…
Electric Guitar signs heads of terms for reverse takeover of U.S. energy startup Dunbar
LONDON: Electric Guitar PLC (LSE: ELEG) said Friday it has signed non-binding heads of terms to acquire Dunbar Energy Inc., a newly established U.S.-based energy company, through a reverse takeover transaction. Dunbar, incorporated in Nevada, is focused on powering digital infrastructure, including artificial intelligence and cryptocurrency operations. It aims to convert coal mine methane and…