News and updates from London Stock Exchange
LONDON: Hellenic Telecommunications Organization S.A. (OTE) has signed binding agreements with Vodafone Romania S.A. and Digi Romania S.A. for the disposal of its 100% stake in Telekom Romania Mobile Communications (TKRM) following the approval by the Romanian Competition Commission in…
LONDON: Helios Underwriting, the only publicly traded investment vehicle offering access to a diverse portfolio of syndicates at Lloyd’s, the world’s largest insurance market, announced the appointment of Louis Tucker as Chief Executive Officer. Subject to regulatory approval, it is anticipated…
LONDON: Savannah Energy PLC, a British independent energy company focused on African infrastructure, announced Friday that its subsidiary, Savannah Energy EA Limited, will sign a Share Purchase Agreement with Norfund to acquire the Norwegian fund’s 50.1% stake in Klinchenberg BV…
LONDON: IG Group Holdings plc announced the acquisition of Independent Reserve, a leading cryptocurrency exchange based in Australia, for an initial enterprise value of A$178 million (£86.8m). The bolt-on transaction accelerates IG’s entry into cryptocurrency markets in the Asia Pacific…
Profit before tax reached £515 million, up from £452 million a year earlier LONDON: British fashion and homeware retailer NEXT plc reported a 13.8% rise in profit before tax for the six months ending July 2025, driven by robust international…
The advertising and communications group posted net revenue of £103.8 million, down 5.1% LONDON: M&C Saatchi PLC (SAA.L) reported a 36% drop in like-for-like operating profit for the six months ended June 30, 2025, as macroeconomic uncertainty and client caution…
LONDON: Tavistock Investments Plc (AIM:TAVI) reported an operating profit of £11.07 million for the year ended March 31, 2025, reversing a £0.4 million loss a year earlier, as the UK-based retail advisory firm undertook a strategic overhaul including asset disposals,…
Revenue reached £20.4 million, edging past last year’s £20.3 million LONDON: Aeorema Communications plc (AIM: AEO), a leading strategic communications group, reported record revenue and strong operational momentum in its unaudited interim results for the 12 months ended June 30,…
Revenue for the six months ended June 30 fell to £97.6 million, down from £100.6 million in the same period last year LONDON: INSPECS Group plc, a global eyewear designer and manufacturer, reported a slight dip in first-half revenue for…
LONDON: The PRS REIT has entered into non-binding heads of terms for the proposed £646.2 million sale of its operating subsidiary, PRS REIT Holding Company Limited, to a vehicle wholly owned by a fund advised by Waypoint Asset Management. The…
· Includes new $1.2 billion investment announced today in manufacturing facilities, AI and advanced digital technologies, creating hundreds of highly skilled U.S. jobs · New facilities will bridge R&D and manufacturing across both the U.S. and U.K., strengthening the two countries’ leadership…
LONDON: Thrive Homes and Watford Community Housing have announced they are in formal discussions over a potential merger, which would create a new customer-focused Community Gateway housing association – significantly strengthening the delivery of affordable housing across Hertfordshire and their…