LONDON: Entain plc (LSE: ENT), the global sports betting and gaming group, announces that Stella David has been appointed as permanent Chief Executive Officer (“CEO”), effective immediately. Pierre Bouchut, Interim Chair of Entain, said: “The Board is delighted to have appointed Stella as CEO. She is an accomplished and commercial business leader with a long…
Category: London Stock Exchange
News and updates from London Stock Exchange
Mobico Group CEO Ignacio Garat steps down
LONDON: Mobico Group Plc announces that Ignacio Garat, CEO, will be stepping down from his position with effect from 30 April 2025. Ignacio joined Mobico in 2020 and will remain with the Group for the next three months, moving to an advisory role to support a smooth transition. The Board will launch a search for…
Bakkavor Group agrees to sell China operations for £50 million
Bakkavor completes sale of China operations LONDON: Bakkavor Group plc, a leading international provider of fresh prepared food, has entered into a binding agreement to sell its China operations, with the sale of the entire issued share capital of Bakkavor China Holdings Limited (“BCHL”) to Lihe Xing (Qingdao) Food Technology Co. Ltd., wholly owned by…
Nanoco Group signs joint development agreement with Asian partner
LONDON: Nanoco Group plc (LSE: NANO), a leading developer and manufacturer of cadmium-free quantum dots and nanomaterials, has signed a major new Joint Development Agreement (JDA) with a second Asian chemical customer, the company announced Monday. The one-year program aims to optimize lead-free nanomaterials for use in global electronics applications, with plans to scale up…
80 Mile plc enters agreement for energy exploration in Greenland
LONDON: 80 Mile PLC, a mineral and energy exploration company with projects in Greenland and a biofuels plant in Italy, announced Monday that it has entered into a binding agreement with Texas-based March GL Company to fund stratigraphic research drilling at the Jameson industrial gas and liquids project in Greenland. Under the terms of the…
Petro Matad secures oil sales agreement for Block XX Ccude
LONDON: Petro Matad Limited, a publicly listed Mongolian oil company, has successfully inked an Oil Sales Agreement with PetroChina Daqing Tamsag, marking a key milestone in the commercialisation of Block XX crude oil production. The agreement, finalized on April 28, 2025, covers storage, processing, transport, and export arrangements for crude oil produced from Block XX….
MHP now holds 91.77% of Grupo UVESA
LONDON: MHP, an international food and agriculture company, has successfully concluded the adherence period related to its Share Purchase Agreement (SPA) with Grupo UVESA, a leading poultry producer in Spain. With additional adherence deeds signed since March 20, 2025, MHP now holds 91.77% of UVESA’s share capital. Dr. John Rich, Executive Chairman of MHP’s Board…
Mobico to sell North America school bus business to I Squared Capital for up to $608 million
LONDON: Mobico has reached an agreement to sell its North America School Bus business to global infrastructure investment firm I Squared Capital for an enterprise value of up to $608 million, the company announced Tuesday. The transaction, expected to close in the third quarter of 2025, follows Mobico’s strategic review of its School Bus operations,…
HKEX to acquire top nine floors of One Exchange Square for new HQ
HONG KONG: Hong Kong Exchanges and Clearing Limited (HKEX) has contracted to acquire the top nine floors of One Exchange Square in Hong Kong as its permanent headquarters, Hongkong Land Holdings Limited announced Tuesday. The transaction, valued at HK$6.3 billion (US$810 million), also includes retail space on Levels 1 and 2, which will be transformed…
Metals One expands into U.S. critical minerals market with uranium and vanadium acquisitions
LONDON: Metals One (AIM: MET1), a company focused on advancing critical minerals projects, announced Wednesday that it has signed a binding term sheet for the conditional acquisition of uranium and vanadium exploration projects in the United States. The move marks the company’s first expansion into North America, securing a foothold in commodities considered essential for U.S….
Supermarket Income REIT forms joint venture with Blue Owl Capital
LONDON: Supermarket Income REIT (LSE: SUPR) announced a strategic joint venture with Blue Owl Capital, a U.S.-based alternative asset manager with over $250 billion in assets under management. The partnership aligns with SUPR’s strategy to recycle capital at favorable valuations and expand earnings. The joint venture begins with a seed portfolio of eight high-yielding supermarket…
EDF Energy proposes buyout of remaining Pod Point’s shares
LONDON: Pod Point’s board announced on Thursday that EDF Energy Customers Limited (EDF), which already owns about 53% of the company, has proposed to acquire the remaining issued and to-be-issued shares. EDF’s non-binding conditional proposal values the shares at 6.5 pence each in cash, subject to limited due diligence. The potential offer comes amid a…