Gateley posts modest FY25 revenue growth amid volatile market; profit declines

LONDON: Gateley Holdings (AIM: GTLY), a UK-based professional services firm, reported a 4.1% rise in annual revenue to £179.5 million for the year ended April 30, 2025, driven by solid…

NNR July 15, 2025

London Stock Exchange

Mobico Group completes sale of North America School Bus business for $364 million

LONDON: Mobico Group PLC said Monday it has finalized the sale of its North America School Bus business to I Squared Capital, netting upfront proceeds of $364 million (£273 million),…

NNR July 15, 2025

London Stock Exchange

Rio Tinto appoints Simon Trott as Chief Executive

LONDON: The Board of Rio Tinto has appointed Simon Trott to succeed Jakob Stausholm as Chief Executive, with effect from 25 August 2025. Simon, currently Iron Ore Chief Executive, has a track…

NNR July 15, 2025

London Stock Exchange

Hilton Foods sells Foods Connected to Apax Global Impact Fund for £22 million

LONDON: British food business Hilton Food Group said on Tuesday it has agreed to sell a stake in its supplier management platform, Foods Connected, to the Apax Global Impact Fund…

Bernice Miles July 15, 2025

London Stock Exchange

Partners Group to exit PCI Pharma in Bain-Kohlberg-led deal

LONDON: Partners Group, one of the largest private markets investment managers globally, has agreed to sell its longstanding stake in PCI Pharma Services in a deal led by Bain Capital…

Muhammad ALI July 15, 2025

London Stock Exchange

Norcros Plc acquires Norway’s Fibo Group in NOK 618 million deal

LONDON: In a strategic move to boost its presence in high-growth European bathroom segments, UK-based Norcros plc has announced its agreement to acquire the entire issued share capital of Norway’s…

Ali Mirza July 15, 2025

London Stock Exchange

Close Brothers announces agreement to sell Close Brewery Rentals Limited

LONDON: Close Brothers Group plc has reached an agreement to sell Close Brewery Rentals Limited (CBRL) to MML Keystone, a fund managed by MML Capital. The transaction is expected to…

NNR July 15, 2025

London Stock Exchange

Dalata Hotel Group accepts €1.4 billion cash offer from Pandox Consortium

LONDON: Dalata Hotel Group has agreed to a €1.4 billion cash offer from a newly formed consortium led by Pandox AB and Eiendomsspar AS, marking the successful conclusion of Dalata’s…

NNR July 15, 2025

London Stock Exchange

NatWest to exit Permanent TSB stake through institutional placing

LONDON: NatWest Group plc on Monday said it plans to sell its entire stake in Permanent TSB Group Holdings PLC via a placing to institutional investors, marking its full exit…

NNR July 14, 2025

London Stock Exchange

Kazatomprom, SEAS sign MoU to boost nuclear energy cooperation

Kazatomprom will now begin working with joint venture partners to assess the impact and implement the plan across all of Kazakhstan's uranium mines. ASTANA: National Atomic Company Kazatomprom JSC announced…

NNR July 14, 2025

London Stock Exchange

First Class Metals, Valereum Ink MOU to Explore Tokenisation of Mineral Projects

LONDON: First Class Metals, a UK-listed mineral exploration company focused on Ontario, Canada, said Monday it has entered into a non-binding memorandum of understanding with Valereum Plc, a digital asset…

NNR July 14, 2025

London Stock Exchange

Wizz Air to exit Abu Dhabi operations amid strategic shift to core European markets

LONDON: Wizz Air Holdings PLC announced Monday it will suspend all Wizz Air Abu Dhabi operations effective Sept. 1, 2025, as part of a strategic realignment aimed at reinforcing its…

NNR July 14, 2025