LONDON: AstraZeneca today announced $3.5 billion of capital investment in the United States focused on expanding the Company’s research and manufacturing footprint by the end of 2026. This includes $2 billion of new investment creating more than a thousand new, high-skilled jobs contributing to the growth of the US economy. AstraZeneca’s expanding footprint in the…
Category: London Stock Exchange
News and updates from London Stock Exchange
Concurrent Technologies secures $3.72 million contract in Asia
LONDON: Concurrent Technologies Plc (AIM: CNC) has announced a $3.72 million contract with a leading defense platforms provider in Asia. The company’s Systems business unit in Los Angeles will deliver rugged systems for next-generation armored vehicle demonstrators. Initial deliveries, including air-cooled R&D units for software development, are expected in 2025, with most revenue recognized in…
Nationwide Mutual expand LeakBot into 16 U.S. States
LONDON: Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology for home insurers, announced Nationwide Mutual Insurance Company will announce a major expansion of their partnership with Ondo, to roll-out LeakBot into 16 U.S. States. Nationwide is a Fortune 100 insurance and financial services company based in Columbus, Ohio and is one of…
Star Energy sells Alton land for £6.3 million
LONDON: Star Energy (AIM:STAR) has announced the sale of its land in Alton, Hampshire to Pickerings Hire Limited for £6.3 million. This site previously hosted the now-decommissioned Holybourne Oil Terminal and is not currently utilized in the company’s operations. The sale is contingent on meeting planning conditions and surrendering the site’s environmental permit, with completion…
Kerry Group to sell Kerry Dairy Ireland to Co-Operative Creameries for €500 million
Kerry Group plc has announced an agreement to sell Kerry Dairy Holdings (Ireland) Limited to Kerry Co-Operative Creameries Limited for €500 million. Kerry Dairy Ireland, fully owned by Kerry, includes popular dairy brands in cheese, snacks, and spreads sold in the UK and Ireland, as well as a dairy ingredients business. Under the deal, Co-Op…
SIX Exchange Group to acquire Aquis Exchange for £207 million
LONDON: SIX Exchange Group AG reached agreement on the terms of a recommended cash offer for the entire issued and to be issued ordinary share capital of Aquis Exchange Plc for £207 million. Under the terms, Under the terms of the offer, each Aquis shareholder will receive 727 pence in cash for each Aquis share….
GPE acquires West End refurbishment opportunity
LONDON: Great Portland Estates plc (GPE) announced the acquisition of the special purpose company holding the long leasehold interest of Whittington House, WC1 for a total consideration of £58.5 million (£785 per sq ft on current NIA), subject to further balance sheet adjustment post completion. The building is currently let on a short-term basis, at…
Silverbullet Data Services Group acquires intellectual property rights from Codec AI
LONDON: Silverbullet Data Services Group (AIM: SBDS), a provider of AI driven digital transformation services and products, has acquired certain intellectual property rights (IPR) from Spore London Limited (Codec AI) for a cash consideration of £50,000 payable in two tranches, plus an earnout of 10% of net revenues generated from the technology up to 31…
M3 Helium acquires further producing wells in the Hugoton gas field
LONDON: Mendell Helium has announced that M3 Helium Corp. has acquired interests in three additional wells on the western side of the Hugoton gas field in Kansas. Two of these wells are currently in production, while the third is considered suitable for conversion into a water disposal well. Following this acquisition, M3 Helium now holds…
Workspace announces disposal of Raynes Park mixed-use redevelopment
LONDON: Workspace Group PLC, London’s leading provider of sustainable, flexible workspace, is pleased to announce it has exchanged on the sale of Rainbow Industrial Estate, a redevelopment site in Raynes Park. Workspace secured planning consent for a mixed-use redevelopment of the site comprising 224 residential units and 37,000 sq. ft. of new light industrial space….
Empresaria sells 51% stake in Japanese subsidiary Fines Tokyo K.K.
LONDON: Empresaria, the global specialist staffing group, has sold its 51% stake in its Japanese subsidiary, Fines Tokyo K.K., to Fines Holdings K.K. The sale was completed on October 18, 2024. Fines Holdings, which owned 100% of Fines Tokyo, repaid JPY 50 million (about £253,000) of a JPY 90 million (about £455,000) intercompany balance to…
Vodafone Spain and Telefónica de España to create a new fibre network company in Spain
LONDON: Zegona Communications plc (LSE: ZEG) announced Vodafone ONO, S.A.U. (Vodafone Spain) and Telefónica de España, S.A.U. have today signed a binding contract to create a new fibre network company in Spain. Earlier this year, Zegona announced it had signed non-binding agreements to create FibreCos with both Telefonica and MasOrange and a non-binding agreement for…