Barclays lifts profit target, kicks off early $639 million share buyback

LONDON: Barclays BARC.L raised its key profit target and announced a fresh 500 million pound ($639 million) share buyback on Wednesday, citing strong performance and cost savings delivered ahead of…

Bernice Miles October 22, 2025

London Stock Exchange

AB Dynamics appoints Sarah Matthews-DeMers as Group Chief Executive Officer

LONDON: AB Dynamics plc announced the appointment of Sarah Matthews-DeMers as Group Chief Executive Officer. Sarah is the current Chief Financial Officer and will take up her new role from…

Ali Mirza October 21, 2025

London Stock Exchange

Hostelworld Group has acquired OccasionGenius Inc for $12 million

LONDON: Hostelworld Group has acquired the entire issued share capital of OccasionGenius Inc., a US-based B2B event discovery platform, for a total cash consideration of $12.0 million. OccasionGenius empowers businesses…

Ali Mirza October 21, 2025

London Stock Exchange

Riverstone Energy to sell Onyx Power to ResInvest Group for $49 million

LONDON: Riverstone Energy Limited (REL) announced the proposed sale of 100% of its interest in Onyx Power to ResInvest Group, a privately owned trading and investment company, supplying key commodities…

NNR October 21, 2025

London Stock Exchange

Coca-Cola HBC AG agrees to acquire 75% shareholding in Coca-Cola Beverages Africa for $2.6 billion

LONDON: Coca-Cola HBC AG has entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola Beverages Africa Pty Ltd (CCBA) from The Coca-Cola Company and…

Bernice Miles October 21, 2025

London Stock Exchange

Supreme Plc acquired UK and European assets of SlimFast for £20.1 million

LONDON: Supreme Plc (AIM: SUP), a leading manufacturer, supplier, and brand owner of fast-moving consumer goods, announced the acquisition of the trade and selected UK and European assets of SlimFast,…

NNR October 20, 2025

London Stock Exchange

Sirius to acquire defence anchored business park near Munich for €43.7 million

LONDON: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has notarised the acquisition…

Bernice Miles October 20, 2025

London Stock Exchange

Avacta Group raises £16 million in equity fundraise, extends cash runway

LONDON: British biopharmaceutical company Avacta Group Plc (AVCT.L) said on Monday it has raised approximately £16 million ($20.5 million) in an oversubscribed share placing, providing it with working capital to…

NNR October 20, 2025

London Stock Exchange

EDX Medical secures up to £4 million in funding to accelerate diagnostic innovation

CAMBRIDGE: EDX Medical Group plc has secured up to £4 million in funding to advance its portfolio of digital diagnostic products and services, the company announced Monday. The financing includes…

NNR October 20, 2025

London Stock Exchange

Bank of England’s Bailey says AI could be next industrial revolution, warns on growth

LONDON: Bank of England Governor Andrew Bailey said that Artificial Intelligence has the potential to be the next great technological leap that transforms the economy, but warned that Britain must…

NNR October 19, 2025

London Stock Exchange

Smiths Group to sell Smiths Interconnect to Molex Electronic Technologies for £1.3 billion

BINDING AGREEMENT SIGNED RE SMITHS INTERCONNECT LONDON: Smiths Group plc has entered into an agreement for the sale of Smiths Interconnect to Molex Electronic Technologies Holdings, LLC . The transaction values Smiths…

Bernice Miles October 17, 2025

London Stock Exchange

Vodafone Türkiye secures 100 MHz in 5G spectrum auction for $627 million

ANKARA: Vodafone Türkiye has acquired 100 megahertz of spectrum in a government-run 5G auction Thursday, committing $627 million (€539 million) to bolster its next-generation mobile services. The auction, conducted by…

NNR October 16, 2025