LONDON: Legal and professional services firm Knights announced Tuesday it has agreed to acquire Birkett Long LLP and Birkett Long IFA LLP, a regional law firm and independent financial advisory business with three offices in Essex, as part of its expansion strategy. The deal, worth £16.6 million, will bolster Knights’ presence in southeast England and…
Category: London Stock Exchange
News and updates from London Stock Exchange
Synthomer to sell William Blythe for £30 million
LONDON: Synthomer plc has agreed to sell its inorganic chemistry business, William Blythe Ltd., to its management team and H2 Equity Partners for £30 million, the company announced Tuesday. Founded in 1845, William Blythe specializes in inorganic derivatives used in life sciences, performance coatings, electronics and renewable energy. The Accrington, Lancashire-based business employs about 85…
Intertek to acquire Brazil-based building products testing firm TESIS
LONDON: Intertek Group plc, a global provider of Total Quality Assurance services, announced Monday it has agreed to acquire TESIS – Tecnologia e Qualidade de Sistemas em Engenharia Ltda, a leading building products testing and assurance firm based in São Paulo, Brazil. The acquisition comes as Brazil’s construction industry, valued at $120 billion, is projected…
Optima Health to acquire Care First
LONDON: Optima Health (AIM: OPT), a leading U.K. provider of corporate health and wellbeing solutions, announced Tuesday it has agreed to acquire the trade and assets of Care First, a mental health services provider, from Priory Group for £350,000 (£15,000 net). The deal, structured on a cash-free, debt-free basis, is set to close June 2,…
DoorDash makes final offer of £2.9 billion to acquire Deliveroo
LONDON: The board of directors of DoorDash Inc. has agreed on the terms of a recommended final cash offer to acquire entire issued and to be issued share capital of Deliveroo at the rate of 180 pence in cash for each Deliveroo share. The acquisition values the entire issued and to be issued ordinary share…
Resolute to acquire Côte d’Ivoire gold projects from AngloGold Ashanti
LONDON: Resolute Mining Ltd. announced Thursday it has entered into a binding agreement to acquire the Doropo and ABC Projects in Côte d’Ivoire from AngloGold Ashanti for $150 million. The acquisition includes $25 million upfront cash payment at closing and $125 million deferred payments in two installments: $50 million after 18 months and $75 million…
National Grid plc announces chief executive succession plan
LONDON: National Grid plc, a leader in energy networks, announced the appointment of Zoë Yujnovich as its next Chief Executive. She will succeed John Pettigrew who, after almost 10 years in post, has decided to retire from his role effective 16 November 2025. Following a comprehensive succession planning process both the Board and John believe…
Ørsted sells 24.5% in West of Duddon Sands Wind Farm for £456.1 million
COPENHAGEN: Danish energy company Ørsted has completed the sale of a 24.5% stake in the West of Duddon Sands Offshore Wind Farm to Schroders Greencoat for £456.1 million (approximately DKK 4 billion). The transaction, part of Ørsted’s partnership and divestment program, was finalized on April 30, 2025. Located 14 kilometers off the UK’s west coast,…
Aquila European Renewables announces sale of Portuguese hydropower interest
LONDON: Aquila European Renewables plc (AERI), a London-listed investment company advised by Aquila Capital Investmentgesellschaft mbH, has announced the sale of its 18% stake in the Portuguese hydropower asset Sagres. The sale comes as part of the company’s ongoing managed wind-down process approved by shareholders in September 2024. AERI’s board revealed on Wednesday that it…
Ofgem unveils transformational regulatory framework for local electricity networks
LONDON: Britain’s energy regulator, Ofgem, has announced a sweeping new regulatory framework aimed at revolutionizing local electricity networks as part of the nation’s transition to clean power. The blueprint, unveiled Wednesday, sets the stage for a five-year funding period beginning in 2028 and is expected to drive a historic expansion in the country’s electricity distribution…
BUNZL announces acquisitions in Chile and The Netherlands
LONDON: Bunzl plc, the specialist international distribution and services Group, today announces that it has signed an agreement to acquire a business in Chile and has completed the acquisition of a business in the Netherlands. Bunzl has entered into an agreement to acquire Hospitalia, one of the largest healthcare distributors in Chile. The business distributes…
Jade Biosciences merges with Aerovate Therapeutics
LONDON: RTW Biotech Opportunities Ltd , the London Stock Exchange-listed investment company focused on identifying transformative assets with high growth potential across the life sciences sector, announcement by one of its portfolio companies, Jade Biosciences (“Jade”), of the closing of its merger with Aerovate Therapeutics (“Aerovate”). The combined company will operate as “Jade Biosciences, Inc.” and…