News and updates from London Stock Exchange
LONDON: VH Global Energy Infrastructure plc has agreed to sell its two operating liquid storage terminals at the Port of Brownsville on the Texas Gulf Coast for $134 million, the company announced Tuesday. The buyer is Victory Hill Midstream CV I, LP, a newly formed…
LONDON: Oxford Metrics plc, a smart sensing and measurement technology group, announced Tuesday it has acquired Captive Devices Ltd, a U.K.-based developer of facial capture technology, for up to £750,000. The acquisition adds markerless facial performance capture to Oxford Metrics’ Vicon brand, which is…
LONDON: Norwegian oil and gas company DNO ASA announced Tuesday it has reached an agreement to acquire Capricorn Energy plc for approximately $396 million in cash, marking the company’s entry into the Egyptian oil and gas sector. The acquisition, to be effected through a Scottish…
LONDON: Veritas Capital has agreed to acquire British engineering firm Bodycote plc in a recommended cash deal valued at approximately £1.65 billion, the companies announced Monday. The New York-based private equity firm will pay 940 pence per Bodycote share through its newly formed…
LONDON: hVIVO plc, a London-based clinical development partner and leader in human challenge trials, announced Thursday it has acquired CRS Clinical Research Services Berlin GmbH, a specialist Phase I/II clinical research unit, in a deal structured to preserve cash while expanding into high-growth…
LONDON: eEnergy Group PLC (AIM: EAAS) announced the appointment of John Gahan as chief executive officer, effective immediately, ending a three-month interim period that began after the previous CEO’s resignation in May. Gahan, who previously served as chief financial officer, stepped into the interim…
LONDON: NAHL Group (AIM: NAH), a leading marketing and services business focused on the UK consumer legal market, has reached a binding conditional agreement to sell its non-core, wholly-owned subsidiary, Searches UK Limited to TM Group (UK) Limited for an enterprise value (EV)…
LONDON: Tungsten West said Tuesday it has secured up to £71 million in funding from the U.K. government’s National Wealth Fund to restart production at the Hemerdon tungsten and tin mine in Devon, completing the financing package for what officials called a strategically critical…
LONDON: Knights Group Holdings plc, a top-50 U.K. law firm, has agreed to acquire the commercial and private wealth service lines of Moore Barlow LLP for £27 million in cash, expanding its footprint across the South East and South Central markets. The…
LONDON: AB Dynamics plc, a designer and supplier of testing products for the global transport market, announced it has acquired eMpulse Test Systems LLC, a Michigan-based manufacturer of advanced servoelectric test equipment. The initial cash consideration for the acquisition is…
Pinewood.AI stockholders to receive £4.48 per share, with option to roll equity into private company LONDON: Private equity firm Ridgeview Partners LLC has agreed to acquire Pinewood Technologies Group PLC (Pinewood.AI) in a recommended cash deal valuing the automotive software provider at approximately…
LONDON: Gana Media Group plc announced that Lorenzo Caci has been appointed to the role of Chief Operating Officer for the Group. In this role Lorenzo will be responsible for overseeing the operation of all global business areas of the Group, directly supporting the CEO…