News and updates from London Stock Exchange
LONDON: Concurrent Technologies Plc (AIM: CNC), a designer and manufacturer of leading-edge computer products, systems, and mission-critical solutions used in high-performance markets by some of the world’s major OEMs, today announced the launch of a new family of rugged embedded…
LONDON: Stack BTC Plc, the UK-based company focused on building a portfolio of high-quality, cash-generative businesses alongside a Bitcoin treasury, announced that it has completed an equity fundraising from strategic investors amounting to £260,000 gross at a price of £ 0.05 (5 pence)…
LONDON: Various Eateries Plc (VARE.L), the owner and operator of the Coppa Club and Noci restaurant chains, is diversifying into the premium pub sector after striking a deal to acquire a portfolio of four sites from Grosvenor Pubs and Inns…
LONDON: Qatar’s Lesha Bank has agreed to buy Amedeo Air Four Plus (AA4+) (AA4.L) for about £190 million ($243 million) in cash, the companies said on Friday, in a deal that expands the lender’s aviation leasing business. Lesha Bank’s newly…
LONDON: 3i Infrastructure plc has agreed to sell its 71% stake in TCR, the largest independent lessor of airport ground support equipment. Expected net proceeds to 3iN from the sale are approximately €1,140 million, a c.22% uplift from our valuation at 30…
LONDON: Associated British Foods plc today announced the appointment of Eoin Tonge as Primark Chief Executive. The Group also announces the appointment of Filip Ekvall to the newly created post of Primark Chief Commercial Officer. Eoin Tonge is appointed Primark…
LONDON: Mears Group PLC, the leading provider of services to the Housing sector in the UK, has disposed of its subsidiary, Morrison Facilities Services Limited, a business delivering Facilities Management services, predominantly in the education and health sectors. Following the…
LONDON: RS Group, the high-service global product and service solutions provider for industrial customers, announced the acquisition of BPX Group, a UK and Ireland-based specialist distributor of industrial automation and control (A&C) products, for an Enterprise Value (cash-free debt-free) of…
LONDON: Smiths Group, a leading industrial engineering company, announces today that it has agreed to acquire DRC Heat Transfer (DRC) for a purchase price of £164 million representing a multiple of 10x adjusted EBITDA for the calendar year 2025. DRC…
LONDON: Castelnau Group Ltd, an investment company established to invest in public and private companies, announced that Hornby Hobbies Limited, a portfolio company of the Group, has agreed the sale of 100% of the Scalextric business, including its intellectual property…
LONDON: Intertek ETL, a global leader in independent electrical product safety, performance and compliance testing and certification, has expanded its footprint in Colombia with Intertek’s agreement to acquire QTEST, a market-leading provider of high-quality electrical testing and certification services. By…
LONDON: Hays plc today announced that the company’s Chief Executive Officer (CEO), Dirk Hahn, is stepping down as CEO and as a Director with immediate effect for personal reasons. Mark Dearnley, Chief Digital and Technology Officer, will become interim Chief…