LONDON: Oxford Nanopore Technologies plc (LSE: ONT), the company delivering a new generation of nanopore-based molecular sensing technology, today announced a new collaboration with UK Biobank to create the world’s first comprehensive, large-scale epigenetic dataset. Oxford Nanopore technology will be utilised to analyse the epigenome using 50,000 participant samples to unlock crucial insights into disease…
Category: London Stock Exchange
News and updates from London Stock Exchange
Just Eat Takeaway.com to delist from London Stock Exchange
LONDON: Just Eat Takeaway.com N.V. (LSE: JET, AMS: TKWY), one of the world’s largest online food delivery companies, has announced its decision to delist from the London Stock Exchange (LSE) to streamline operations and reduce costs. Currently, the company’s shares are listed on the LSE as CREST Depository Interests (CDIs) and on Euronext Amsterdam. Following…
One Media signs deal to dispose of its entire interest in the capital of TCAT Limited
LONDON: One Media IP Group has entered into a sale and purchase agreement (SPA) with Round Group Limited to dispose of its entire interest in the capital of TCAT Limited. The SPA is not subject to any conditions and signing and completion occurred late on 26 November 2024. The consideration for the disposal comprises ordinary…
Apax Funds to acquire Evelyn Partners’ accountancy business which will rebrand as S&W
LONDON: Apax Global Alpha Limited (AGA), the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it expects to invest approximately €28m in the accountancy and advisory practice of Evelyn Partners on a look-through basis. On 25 November 2024, the Apax XI Fund (“Apax XI”), in which AGA is a…
Frasers Group agrees to acquire South Africa’s Holdsport Group
LONDON: Global retail group Frasers Group announced the conclusion of an agreement for the acquisition of South Africa’s leading sporting, outdoor and recreation goods company, Holdsport Group from Old Mutual Private Equity (OMPE) and Holdsport’s management. Holdsport is a diversified business operating across retail, wholesale, manufacturing, distribution, and e-commerce, focused on the sport, outdoor, and recreation sectors…
Malin Corporation announces Poseida Therapeutics’ acquisition by Roche
LONDON: Malin Corporation plc (Euronext Growth Dublin: MLC), a company investing in innovative life sciences, announced that its investee company, Poseida Therapeutics, Inc. (NASDAQ: PSTX), will be acquired by Roche Holdings, Inc. at $9.00 per share in cash, plus up to $4.00 per share in contingent payments upon achieving certain milestones. Malin, holding approximately 12%…
Benchmark Holdings to sell Benchmark Genetics and Benchmark Genetics Norway AS for £230 million
LONDON: Benchmark Holdings plc, a leader in aquaculture genetics, specialist nutrition, and health, has announced the sale of its genetics business to Starfish Bidco AS, a subsidiary of Novo Holdings. The deal is valued at up to £260 million, including an initial payment of £230 million and a potential additional £30 million based on performance….
RC365 Holding divests its Hong Kong incorporated RCPAY Limited
LONDON: RC365 Holding plc (LSE: RCGH), an established payment solutions and fintech company, announced the divestiture of its Hong Kong incorporated RCPAY Limited subsidiary (RCPAY HK) for a cash consideration of HK$400,000. The Group will continue to provide remittance and payment services, including foreign exchange and payment card solutions, via its RCPAY Limited subsidiary that…
Anglo American sells steelmaking coal business in Australia for $3.775 billion
LONDON Anglo American has now entered into definitive agreements to sell the entirety of its steelmaking coal business, to generate up to US$4.9 billion in aggregate gross cash proceeds, including the already announced sale of Anglo American’s interest in Jellinbah for approximately US$1.1 billion. Announced today, Anglo American has agreed to sell its portfolio of…
Japan approves first RSV vaccine for adults 50-59
LONDON: GSK plc (LSE/NYSE: GSK) today announced that Japan’s Ministry of Health, Labour and Welfare (MHLW) has approved a regulatory application to extend the indication of Arexvy (respiratory syncytial virus vaccine, recombinant adjuvanted) for the prevention of RSV disease to include adults aged 50-59 at increased risk. Since September 2023, GSK’s RSV vaccine has been…
Tavistock Investments to acquire Alpha Beta Partners
Completion of acquisition of Alpha Beta Partners LONDON: Tavistock Investments Plc (AIM:TAVI) has exchanged contracts for the acquisition of Alpha Beta Partners (ABP), a well-regarded asset management business based in London and Bath with approaching £3 billion of assets under management and a strategic focus on retail investors served by regulated advice businesses which is…
Ofgem announces 1.2% increase in energy price cap for first quarter of 2025
LONDON: The energy regulator Ofgem announced on Friday, November 22, that the energy price cap will increase by 1.2% for the period from January to March 2025. This change means that the maximum rate per unit and standing charge that can be billed to customers will rise by £21 per year for an average household,…