LONDON: Anglo American plc has entered into a definitive agreement to sell its nickel business to MMG Singapore Resources Pte. Ltd, a wholly owned subsidiary of MMG Limited (MMG) for a cash consideration of up to $500 million. The nickel business comprises two ferronickel operations in Brazil – Barro Alto and Codemin – and two high quality…
Category: London Stock Exchange
News and updates from London Stock Exchange
Predator Oil & Gas acquires Challenger Energy’s subsidiary Columbus Energy St. Lucia
LONDON: Predator Oil & Gas Holdings Plc, a Jersey-based oil and gas company, announced a transaction with Challenger Energy for the acquisition of its St Lucia-based subsidiary, Columbus Energy (St. Lucia) Limited. The subsidiary holds various entities representing all of Challenger Energy’s business, producing assets, and operations in Trinidad and Tobago. Caribbean Rex Limited (CRL), 51%…
KKR submits proposal of £1.6 billion to acquire Assura share capital
LONDON: Kohlberg Kravis Roberts & Co. L.P. (KKR) has confirmed that it submitted its fourth non-binding proposal to the board of Assura, offering a potential cash deal for the company’s entire issued and to be issued share capital. The latest proposal, which was sent on February 13, 2025, values Assura shares at 48.0 pence each,…
Orosur completes phase one of El Pantano Gold Project JV, earns 51% stake in Deseado
LONDON: Orosur Mining Inc. (TSXV/AIM:OMI) has successfully completed the first phase of a two-phase exploration joint venture for the El Pantano gold project in Santa Cruz province, Argentina, marking a significant milestone in the project’s development. After investing $1 million over three years, Orosur has earned a 51% interest in Deseado Dorado S.A.S, the Argentine…
Tekmar Group appoints Marc Bell as Chief Operating Officer
LONDON: Tekmar Group plc (AIM: TGP), the leading provider of technology and services for the global offshore energy markets, announced the appointment of Marc Bell, current Managing Director of Tekmar Energy, as Chief Operating Officer (“COO”) of Tekmar Group. Marc brings nearly 25 years of experience of business leadership experience across manufacturing, service, and project…
Commerzbank and Visa form partnership in card business
Commerzbank and Visa have agreed on a strategic partnership in card business. The companies are expanding their existing successful cooperation in payments. In the future, Commerzbank customers will preferentially receive debit and credit cards of the global technology company Visa. The long-term agreement supports Commerzbank’s strategic direction in payments and ensures the Bank’s access to future…
Concurrent Technologies joins OTCQX Best Market
LONDON: Concurrent Technologies Plc (AIM: CNC), a leading designer and manufacturer of advanced computer products and mission-critical solutions, announced its approval to trade on the OTCQX Best Market in the United States. Trading under the ticker symbol COTGF, shares will commence on OTCQX today. Concurrent Technologies’ ordinary shares will continue to trade on the AIM…
Ross McEwan appointed as Chair BHP Group
SYDNEY: BHP Group Limited (BHP) announced today that Chair Ken MacKenzie will retire from the Board on March 31, 2025. Ross McEwan, a seasoned executive with over 30 years of global experience, has been elected to succeed him as Chair, effective the same day. Ken MacKenzie joined the BHP Board in September 2016 and has…
Dunelm Group CEO Nick Wilkinson announces retirement
LONDON: Nick Wilkinson, the Chief Executive Officer of Dunelm Group plc, has announced his decision to retire from his role and full-time executive life after seven years at the helm of the UK’s leading homewares retailer. The Board of Dunelm will begin a comprehensive recruitment process to find Wilkinson’s successor, considering both internal and external…
Power Metal Resources announces partial sale of GMET stake for £9.2 million
LONDON: Power Metal Resources PLC (AIM:POW, OTCQB:POWMF) has announced its intent to partially divest its stake in Guardian Metal Resources PLC (GMET). The exploration company has reached an agreement with UCAM Ltd for the proposed transaction. UCAM Ltd is set to purchase 29,758,334 shares in GMET and warrants over 986,352 ordinary shares in GMET, valued…
Fintel announces executive leadership changes
LONDON: Fintel plc (AIM: FNTL), a leading provider of fintech and support services to the UK retail financial services sector, announced changes to its executive leadership structure today. Joint CEO Neil Stevens will step down from his role on June 30, 2025, and will not seek re-appointment to the Board of Directors at the upcoming…
Goldman Sachs Alternatives acquires majority stake in Trackunit from Hg and GRO Capital
LONDON: Trackunit, a leading global SaaS and operating data platform provider for the construction industry, announced that Goldman Sachs Alternatives will acquire a majority stake in the company from funds advised by Hg and GRO Capital. This investment marks the next phase in Trackunit’s growth, aligning with its mission to eliminate downtime in construction and…