LONDON: Amcomri Group plc (AIM: AMCO), the United Kingdom-focused specialist in engineering services and industrial manufacturing, has successfully acquired EMC Elite Engineering Services Ltd (“EMC”), a niche provider of mechanical and electrical engineering services for power generation, process, and aggregate industries. The acquisition, finalized with an initial cash consideration of £2.5 million, marks a strategic…
Category: London Stock Exchange
News and updates from London Stock Exchange
Cambridge Nutritional Sciences appoints James Cooper as CEO
LONDON: Cambridge Nutritional Sciences plc (AIM: CNSL), the specialist medical diagnostics company focused on promoting a personalised and functional approach to health and nutrition, announced that Mr. James Cooper, currently serving as Interim Chief Executive Officer, has been offered the permanent role as the Chief Executive Officer of the Company, effective 31st March 2025. Following…
Spire Healthcare has acquired Acorn Occupational Health Limited
LONDON: Spire Healthcare, a leading independent healthcare group in the United Kingdom, has announced the acquisition of Acorn Occupational Health Limited (Acorn). Acorn, a national provider of Occupational Health Services Spire today announces the acquisition of Acorn for an initial consideration of £3.3 million. Acorn provides Occupational Health services to a wide range of corporate…
ITM Power and Deutsche Bahn sign agreement to advance green energy collaboration
LONDON: ITM Power and Deutsche Bahn AG (DB) have entered into an agreement to collaborate on sustainable transportation and infrastructure, focusing on green energies such as hydrogen and its derivatives. DB, one of Europe’s largest transportation companies and railway operators, aims to achieve climate neutrality by 2040. As part of its decarbonization strategy, DB plans to transition…
SSE Plc names Martin Pibworth as Chief Executive designate
LONDON: SSE plc has appointed Martin Pibworth as its next Chief Executive, set to formally assume the role following the company’s Annual General Meeting on July 17, 2025. The announcement follows current Chief Executive Alistair Phillips-Davies CBE’s decision to retire, which was announced in November 2024. Pibworth, who joined SSE in 1998, brings decades of experience to…
WH Smith sells UK High Street business for £76 million
Completion of Sale LONDON: WH Smith PLC, a leading British retailer, has announced the sale of its UK High Street business to Modella Capital for an enterprise value of £76 million, creating a focused global travel retail enterprise. The transaction is expected to close by the end of the company’s fiscal year. The sale includes cash…
Mobile Streams announces Estadio Gana launch in Mexico
LONDON: Mobile Streams Plc announced the successful launch of Estadio Gana, an online casino and sportsbook brand, in Mexico. The platform, previously referred to as “Bet” by MOS shareholders, is now live at www.estadiogana.mx following a VIP testing phase. The state-of-the-art sportsbook and casino platform is set to captivate Mexican sports enthusiasts and gaming fans with its cutting-edge offerings….
Warehouse REIT Board signals potential acceptance of Blackstone Europe offer
LONDON: Warehouse REIT PLC announced Monday that its Board received a final indicative, non-binding proposal from Blackstone Europe LLP on behalf of affiliated investment funds for a possible all-cash offer to acquire its share capital. The proposed offer of 115 pence per share values Warehouse REIT at approximately £489 million and reflects a premium of up to…
LondonMetric Property agrees to acquire Highcroft Investments
LONDON: LondonMetric Property (LSE: LMP) announced Thursday its agreement to acquire Highcroft Investments PLC (TISE: HCFT) through an all-share offer. The acquisition will be effected via a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006. Under the terms of the deal, Highcroft shareholders will receive 4.65 new LondonMetric shares for each Highcroft share…
Drax and Power Minerals to establish facility for processing pulverised fuel ash
LONDON: Drax Power Limited has entered into a 20-year joint venture agreement with Power Minerals Limited (PML) to establish a cutting-edge facility for processing pulverised fuel ash (PFA) into supplementary cementitious material (SCM). This innovative material will lower the carbon footprint of cement production, offering a sustainable solution for the construction industry. The facility will be located…
Block Energy acquires stake in Georgia’s XIQ production sharing contract
Block Energy plc (AIM: BLOE), a production and development company, has acquired a 10% participating interest in the XIQ Production Sharing Contract (PSC) in Georgia, with the option to increase its stake to 22%, the company announced Thursday. The XIQ licence is highly promising, with estimated mean unrisked recoverable resources of 451.5 million barrels (MMbbl) of…
Somero Enterprises appoints Tim Averkamp as CEO
LONDON: Somero Enterprises has announced the appointment of Tim Averkamp as its new Chief Executive Officer, effective April 1, 2025. The decision follows a comprehensive selection process to identify the ideal candidate for the role. Averkamp brings three decades of international experience in industrial manufacturing, construction machinery, and equipment innovation. He most recently served as Chief…