LONDON: Global Connectivity plc (AQSE: GCON), a company that focuses on enhancing communication services and technologies, has announced a significant capital investment. On 15 January, shareholders injected a further £6,198,805 into Voneus Limited, a leading UK broadband provider. This investment includes their stake in Rural Broadband Solutions Holdings Limited (RBSHL) and PLUG Group Limited. Previously,…
Category: London Stock Exchange
News and updates from London Stock Exchange
American Axle & Manufacturing Holdings and Dowlais Group agree to merge
LONDON: American Axle & Manufacturing Holdings Inc. (AAM) and Dowlais Group have reached an agreement on the terms of a recommended cash and share offer by AAM for Dowlais’ entirety of issued and to-be-issued ordinary share capital, marking a significant merger for both companies. The merged entity, referred to as the Combined Group, will emerge…
hVIVO acquires CRS units for €10 million
LONDON: hVIVO plc, a leading human challenge clinical trials organization, has acquired two clinical research units from German CRO CRS Clinical Research Services Management GmbH for €10 million. The Mannheim and Kiel units, known for cardiometabolic, immunology, and renal trials, add 120 beds to hVIVO’s capacity. The acquisition enhances hVIVO’s Phase I and II trials…
Polarean Imaging and SimonMed Imaging announce strategic collaboration
LONDON: Polarean Imaging plc (AIM: POLX), a leader in advanced medical imaging focused on functional MRI of the lungs, has announced a strategic collaboration with SimonMed Imaging, one of the largest outpatient medical imaging providers in the United States, to expand access to Polarean’s cutting-edge Xenon MRI platform. SimonMed Imaging operates over 170 facilities across…
Foresight Group expands through strategic acquisitions and appointments
LONDON: Foresight Group Holdings Limited, a prominent investment manager, has announced several significant developments that will expand its assets under management by over £800 million. Acquisition of WHEB Asset Management Foresight has acquired the trade and assets of WHEB Asset Management LLP, a leader in impact investing based in London. WHEB’s team, including its management,…
Anders Lundstrom appointed CEO of Shield Therapeutics
LONDON: Shield Therapeutics plc (LSE: STX), a commercial stage pharmaceutical company specialising in iron deficiency, announces that Anders Lundstrom has been appointed as Chief Executive Officer (CEO) with effect from 01 February 2025. Anders joined the Board of Shield in May 2021 and was appointed as interim Chief Executive Officer on 24 July 2024. He…
Diversified Energy to acquire Maverick Natural Resources for $1.275 billion
LONDON: Diversified Energy (LSE: DEC; NYSE: DEC), today announced that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG for total consideration of approximately $1,275 million. The acquisition combines two complementary asset packages, pairing high-quality Proved Developed Producing weighted production assets with the lowest corporate decline and…
Public Policy Holding to acquire TrailRunner International LLC in $33 million deal
LONDON: Public Policy Holding Company, Inc. (AIM: PPHC), a leading government relations and public affairs group, has announced the acquisition of TrailRunner International LLC, a global communications advisory firm based in Texas. The $33 million transaction, finalized on January 24, 2025, is expected to be immediately accretive to PPHC’s earnings. The acquisition will enhance PPHC’s…
Esyasoft agrees to acquire Good Energy in £99.4 million deal
LONDON: Esyasoft and Good Energy have reached an agreement on the terms of a recommended cash offer by Esyasoft for the entire issued and to be issued ordinary share capital of Good Energy, the companies announced Monday. The transaction will be carried out through a Court-sanctioned scheme of arrangement under Part 26 of the Companies…
Pri0r1ty Intelligence Group enters strategic partnership with Funding Circle
LONDON: Pri0r1ty Intelligence Group PLC (AIM: PR1) announced an important partnership with Funding Circle, one of the UK’s leading providers of small business loans and finance. This collaboration will significantly enhance Pri0r1ty’s offering and expand its footprint within the small to medium-sized enterprise (SME) technology landscape by enabling Pri0r1ty’s customers to access alternative debt financing…
Sure Valley Ventures leads £1.5 million investment in Vizgard
LONDON: Sure Ventures is a London listed venture capital fund which invests in early-stage software companies in the rapidly growing technology areas of Artificial Intelligence (AI), Augmented Reality (‘AR’), Virtual Reality (‘VR’) and the Internet of Things (‘IoT’). “We are pleased to announce a new investment via its exposure to Sure Valley Ventures UK Software…
Fintech Asia publishes prospectus for reverse takeover of ICFG
LONDON: Fintech Asia (LON:FINA) has announced the publication of a prospectus for its proposed acquisition of ICFG Pte. Ltd. The acquisition follows a heads of terms agreement made on March 14, 2023. Upon completion, Fintech Asia will acquire all shares of ICFG and hold the entire issued share capital of the target company. The acquisition…