News and updates from London Stock Exchange
Company plans to use proceeds for share buybacks, Canadian and Azerbaijan development HOUSTON: Gran Tierra Energy Inc. has agreed to sell its oil and gas operations in Colombia and Ecuador to Établissements Maurel & Prom S.A. for $1.33 billion, a strategic…
LONDON: Asset Value Investors (AVI), the London-based specialist value investment manager, has agreed to sell its entire share capital to Pacific Asset Management, the companies announced Tuesday. The deal will give AVI access to Pacific’s technology, operations and global distribution network as the…
TOKYO: Toyota Motor Corp. reported a slight decline in first-quarter operating profit Tuesday but raised its full-year earnings forecast and announced a fresh share buyback program, as the automaker leaned on cost cuts, favorable currency swings and strong hybrid sales to offset…
LONDON: HSBC Holdings plc reported a 23% jump in first-half profit to $19.5 billion on Tuesday, beating analyst expectations and prompting the bank to resume share buybacks with a $1 billion programme as Chief Executive Georges Elhedery declared the lender “capable…
LONDON: FIH Group plc has agreed to sell its fine art logistics business, Momart, to Compagnie Générale du Roumois SAS for £7.6 million in cash, the company announced Tuesday. The sale requires shareholder approval at a general meeting scheduled for Aug. 28, 2026….
LONDON: Halma plc, the global group of life-saving technology companies focused on growing a safer, cleaner, healthier future for everyone, every day, Tuesday announced that it has completed the sale of NovaBone Products LLC and its subsidiaries (“NovaBone”) to Isto Biologics for total consideration…
LONDON: Caledonia Investments plc announced Tuesday it has invested £49.5 million to acquire a 61% majority stake in Conquip Engineering Group Holding Company Limited, a family-owned provider of products and solutions for the infrastructure, utilities, energy and built environment sectors. The deal…
LONDON: Prologis Inc. and SEGRO plc announced they have reached agreement on a recommended share offer with a partial cash alternative valued at approximately £14 billion, creating what would be the world’s largest logistics real estate investment trust. The combination, to be effected…
CRAWLEY: Volution Group plc (LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announced Monday it has acquired getAir GmbH, a German provider of decentralised residential heat recovery ventilation systems, a statement said. The €40 million…
LONDON: Image Scan Holdings plc, an AIM-quoted specialist in X-ray screening systems, announced Monday it has acquired ClanTect Limited, a developer of proprietary human presence detection technology, in a deal valued at approximately £1 million. The acquisition, structured as a share purchase agreement with…
LONDON: Public Policy Holding Company (NASDAQ: PPHC; AIM: PPHC.L) has acquired The Advocacy Partners, one of Florida’s top government relations firms, for an initial payment of $20.4 million, the company announced. The deal marks PPHC’s entry into Florida and adds to a national…
LONDON: Tracsis, a transport technology provider listed on the London Stock Exchange under the ticker TRCS, announced that it has sold its Events Transport Planning & Management business to Connection Capital LLP, a UK private capital investment firm, for an enterprise value of…