News and updates from London Stock Exchange
LONDON: Assura plc, the UK-based specialist healthcare property investor and developer, reported a robust financial performance for the year ended March 31, 2025, underscoring its commitment to long-term growth and sustainable infrastructure. The company’s investment property value rose to £3.1…
LONDON: Aztiq has agreed to sell its majority stake in Adalvo to global investment firm EQT, expanding EQT’s portfolio in the pharmaceutical sector across Europe, Asia Pacific and the Americas. Founded by Aztiq in 2018, Adalvo has grown into a…
LONDON: Reckitt Benckiser Group plc announced Friday it will divest its Essential Home business to Advent International in a deal valued at up to $4.8 billion, marking a key milestone in Reckitt’s strategic shift toward a leaner, consumer health-focused portfolio….
LONDON: Metals One Plc (AIM: MET1), a UK-based minerals exploration company, has acquired a 10% stake in NovaCore Exploration Inc., a private U.S. firm developing the Red Basin Uranium Project in New Mexico. The transaction supports Metals One’s U.S. uranium…
LONDON: Electric Guitar PLC (LSE: ELEG) said Friday it has signed non-binding heads of terms to acquire Dunbar Energy Inc., a newly established U.S.-based energy company, through a reverse takeover transaction. Dunbar, incorporated in Nevada, is focused on powering digital…
LONDON: Senior plc, an international manufacturer of high-technology components and systems, announced Friday it has reached a binding agreement to sell its Aerostructures business to UK-based private equity firm Sullivan Street Partners. The transaction carries a total potential enterprise value…
LONDON: Axis Bank Ltd. on Thursday reported an 18% year-over-year decline in its consolidated net profit for the fiscal first quarter, as increased provisions offset gains from robust income growth. The private-sector lender posted a net profit of ₹6,243.7 crore…
LONDON: Natural resources investment firm Ajax Resources has completed the acquisition of a major gold and copper asset in Argentina, marking a transformative step in its evolution from a listed cash shell to an active exploration company. The company signed…
JOHANNESBURG: AECI Ltd. has announced the sale of substantially all assets and certain liabilities of its U.S.-based subsidiary Schirm U.S.A., Inc. to Liberation Chem-Toll LLC, a newly formed Texas company backed by Schirm USA’s senior management. The transaction marks a…
LONDON: British advanced materials and packaging group James Cropper Plc (AIM: CRPR) reported a higher annual adjusted profit before tax on Thursday, supported by cost discipline and a strategic shift under new CEO David Stirling. For the year ended March…
LONDON: Frasers Group plc (FRAS.L) announced increased full-year profitability for fiscal 2025 on Wednesday, driven by significant margin improvement and cost savings, even as group revenue declined. The British retail conglomerate, owner of Sports Direct and Flannels, also outlined ambitious…
LONDON: Ilika plc (AIM: IKA) reported progress across its two solid-state battery product lines—Stereax® for medical and sensor applications and Goliath™ for electric vehicles (EVs)—for the year ended April 30, 2025. During the period, the company transferred Stereax manufacturing operations…