Rosebank acquires Electrical Components International in £1.14 billion deal

LONDON: Rosebank announced Thursday the acquisition of U.S.-based Electrical Components International (ECI), a market leader in critical electrical distribution systems, in a deal financed through debt facilities and a fully…

Bernice Miles June 6, 2025

London Stock Exchange

Apax Global Alpha to invest additional €3M in WGSN following IWSR acquisition

LONDON: Apax Global Alpha (AGA), the closed-ended investment company linked to the Apax Private Equity Funds, announced Friday that it expects to invest an additional approximately €3 million in WGSN…

NNR June 6, 2025

London Stock Exchange

Pinewood.AI to acquire Lithia’s stake in North American JV in $76.5 million deal

LONDON: Pinewood.AI, a leading cloud-based software provider for the automotive retail sector, has agreed to acquire Lithia UK Holdings Limited’s 51% stake in Pinewood North America LLC for $76.5 million,…

Ali Mirza June 6, 2025

London Stock Exchange

AIB Group sells shareholding in AIB Merchant Services to Fiserv

LONDON: AIB Group plc (AIB) today announced that it has reached agreement on the sale of its minority stake in AIB Merchant Services (AIBMS) to Fiserv, Inc.. Founded in 2007,…

NNR June 6, 2025

London Stock Exchange

B.P. Marsh has sold Sterling Insurance to ATC Insurance Solutions

LONDON: B.P. Marsh & Partners PLC, a specialist investor in early-stage financial services businesses, said Wednesday that Sterling Insurance Pty Ltd, a general liability underwriting agency focused on Australia's construction…

NNR June 5, 2025

London Stock Exchange

Jubilee Metals receives $90 million offer for South African chrome, PGM operations

JOHANNESBURG: Jubilee Metals Group, a diversified metals producer with operations in South Africa and Zambia, announced Thursday it has received a conditional binding offer of up to $90 million from…

NNR June 5, 2025

London Stock Exchange

Mitie Group offers to acquire Marlowe PLC for £366 million

LONDON: Mitie Group PLC announced Wednesday a recommended cash-and-share offer to acquire Marlowe PLC in a deal valuing the company at approximately £366 million ($466 million). The boards of both…

Bernice Miles June 5, 2025

London Stock Exchange

Blackstone affiliated Bidco to acquire Warehouse REIT in £470 million deal

LONDON: Warehouse REIT plc has agreed to a recommended cash acquisition by Wapping Bidco Ltd, a newly formed company backed by investment funds advised by affiliates of Blackstone Inc., in…

NNR June 4, 2025

London Stock Exchange

Ghana signs agreement to extend offshore oil licenses through 2040

ACCRA: The Government of Ghana has signed a memorandum of understanding with energy companies to extend key offshore oil licenses until 2040, a move expected to drive investment and increase…

Muhammad ALI June 4, 2025

London Stock Exchange

Hammerson plc CEO Rita-Rose Gagné to step down

LONDON: Hammerson plc today announced that Rita-Rose Gagné has informed the Board of her intention to step down and retire from her position as Chief Executive Officer of Hammerson in…

NNR June 4, 2025

London Stock Exchange

Oakley Capital Invests in Infravadis

LONDON: Oakley Capital Investments Limited announced Tuesday that its Oakley Capital Origin Fund II is investing in Infravadis, a tech-enabled platform targeting Europe’s underground infrastructure maintenance market, valued at over…

Bernice Miles June 3, 2025