LONDON: Dalata Hotel Group, the largest hotel operator in Ireland, with a growing presence in the United Kingdom and Continental Europe, announces that it has exchanged contracts for the sale of Clayton Whites Hotel Wexford to Neville Hotels for €21 million. Clayton Whites Hotel Wexford is a strongly performing hotel with an experienced management team…
Category: London Stock Exchange
News and updates from London Stock Exchange
Victoria PLC has sold Graniser, the group’s ceramic tile manufacturer based in Izmir, Turkey
LONDON: Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, has sold Graniser, the Group’s ceramic tile manufacturer based in Izmir, Turkey. Total consideration paid by the buyer, Mr Hasan Akgün, was €36.8 million (£30.9m) paid as to €10.0 million (£8.4 m) cash on completion, plus the assumption of €26.8 million…
SysGroup has acquired trade and assets of Crossword Consulting Limited
LONDON: SysGroup plc (AIM:SYS), the technology partner for delivery and management of cloud, data, and security services to power Artificial Intelligence (AI) and Machine Learning (ML) transformation, announced its acquisition of the trade and assets of Crossword Consulting Limited (CCL), the consulting arm of Crossword Cybersecurity plc. The Group announced the acquisition for cash consideration…
Acuity Risk Management Ltd has acquired the Rizikon
LONDON: Acuity RM Group plc (AIM: ACRM), the risk management software group delivering GRC SaaS solutions, announced its wholly owned subsidiary Acuity Risk Management Ltd has acquired the Rizikon product including software, IP and customer lists from Crossword Cybersecurity plc for a cash consideration of £15,000. Rizikon is an automated Third Party GRC software product…
Amanda Larnder appointed CEO of Synectics plc
LONDON: Synectics plc (AIM: SNX), a leader in advanced security and surveillance systems, announce the appointment of Amanda Larnder, currently interim Chief Executive Officer and Chief Financial Officer, as its Chief Executive Officer with immediate effect. Following the sudden passing of Paul Webb, the Company’s former Chief Executive Officer, in late August 2024, Amanda has…
Corcel Plc expands into Brazilian onshore gas market
LONDON: Corcel Plc, a London AIM-listed energy company with a focus on Angola and Brazil, has announced that its wholly-owned subsidiary, CRCL Brazil Ltd, has entered into a binding option agreement with Petroborn Óleo e Gás S.A. This agreement includes acquiring a 20% interest in the IRAI gas field, a Right-of-First Refusal (ROFR) over the…
Halma Plc has acquired Lamidey Noury Medical for €50 million
LONDON: Halma Plc, the global group of life-saving technology companies focused on growing a safer, cleaner, healthier future for everyone, every day, today announces that it has acquired Lamidey Noury Medical. Founded in 1947 and headquartered close to Paris, Lamidey Noury manufactures advanced electrosurgical and associated energy devices which are used in minimally invasive urology,…
Volex Plc makes offer to acquire TT Electronics
Volex plc, a global leader in power and data connectivity solutions, has made two proposals to acquire TT Electronics. The first proposal included 62.9 pence in cash and 0.203 new Volex shares per TT Electronics share, valuing each share at 129.0 pence. The second proposal offered 62.9 pence in cash and 0.223 new Volex shares…
Boku signs new commercial agreement with Amazon Japan
LONDON: Boku Inc (AIM: BOKU), a leading global provider of mobile payment solutions, has entered into a new commercial agreement with Amazon Japan G.K. to supply digital wallet and other local payment methods to Amazon JP. The new agreement with Amazon JP enables the processing of payments for Amazon JP sales through the amazon.co.jp website. …
Alistair Phillips-Davies, Chief Executive of SSE plc, to retire
LONDON: Alistair Phillips-Davies, Chief Executive of SSE plc, has informed the Board that he intends to retire from SSE during 2025 after more than 11 years of leading the company. Alistair will remain in place until a successor is appointed to ensure a smooth and orderly transition, and he and the rest of the executive…
Strategic review of gold and minerals joint venture in Saudi Arabia
LONDON: KEFI, the gold and copper exploration company, has provided an update on its joint venture, Gold and Minerals SLA (GMCO), in Saudi Arabia with majority partner Abdulrahman Saad AlRashid & Sons (ARTAR). The partners are conducting a strategic review, resulting in KEFI deciding to reduce its stake in GMCO from 25% to 15% instead…
Just Eat Takeaway.com sells Grubhub to Wonder Group for $650 million
LONDON: Just Eat Takeaway.com N.V. (LSE: JET, AMS: TKWY) has entered into a definitive agreement to sell Grubhub Inc. to Wonder Group, Inc. for an enterprise value of USD650 million. Transaction highlights · Agreement to sell Grubhub to Wonder for an enterprise value of USD650 million; · Grubhub will be transferred with its USD500 million…