LONDON: SSE with its joint venture partner APG (acting on behalf of Dutch pension fund ABP) has today confirmed it is moving forward with the 2GW Alpha offshore wind tender site (SSE share 50%) in the IJmuiden Ver Wind Farm Zone in the Netherlands. Subject to reaching a Final Investment Decision (FID), expected by late…
Category: London Stock Exchange
News and updates from London Stock Exchange
Water Intelligence plc has acquired Feakle Gas and Plumbing Limited in Ireland
Water Intelligence plc (AIM: WATR.L) announced the acquisition of Feakle Gas and Plumbing Limited, a company operating in Ireland (FG&P), by the Group’s Water Intelligence International (WII) subsidiary
Capita Plc agrees to sell its software business, Capita One for $200m
Capita plc has agreed to sell its standalone software business via the sale of Capita One Limited by Capita Business Services Ltd to Orchard Information Systems Limited, a wholly-owned subsidiary of the MRI Software LLC
Rapid Nutrition to establish new manufacturing partnership in China
LONDON: Rapid Nutrition PLC, specialising in health and wellness products, announced the establishment of a new manufacturing partnership in Shandong Province, China. This strategic expansion aims to streamline our supply chain and customize our offerings to meet the specific demands of Chinese consumers, capitalizing on the immense market opportunity. The new partnership in Shandong Province…
Huddled Group acquires 75% of the equity in Boop Beauty Limited
UK: Huddled Group plc (AIM:HUD), the circular economy e-commerce group has taken a controlling stake of 75% of the equity in Boop Beauty Limited, an e-commerce business
Marston’s sells its 40% interest in Carlsberg Marston’s Limited for £206 million
LONDON: Marston’s PLC announced the sale of its remaining non-core brewing assets to create a business entirely focused on pubs, with a binding agreement to sell the whole of its 40% interest in Carlsberg Marston’s Limited (CMBC) to a subsidiary of Carlsberg A/S for £206 million in cash. Justin Platt, Chief Executive Officer, commented: “Today’s…
Macfarlane Group has acquired Polyformes Limited for £11.5 million
Macfarlane Group PLC announced the acquisition of Polyformes Limited for up to a maximum cash consideration of £11.5 million, including an earn-out of up to £4.8 million over two years.
Hg sells TeamSystem to Hellman & Friedman
LONDON, UK: Hg, the Manager of HgCapital Trust plc (HgT), has agreed the sale of its remaining investment in TeamSystem, to funds advised by Hellman & Friedman LLC (H&F). TeamSystem is a leading provider of business software solutions to businesses and accountants in Italy, Spain and Turkey. The terms of the transaction have not been…
Carlsberg offers to acquire Britvic Plc for £3.3 billion
LONDON: Carlsberg A/s reached agreement on the terms of a recommended cash offer to acquire Britvic Plc at the rate of 1,315 pence for each Britvic share, valuing the entire issued and to be issued ordinary share capital of Britvic at approximately £3.3 billion on a fully diluted basis and an implied enterprise value of…
Seeing Machines acquires Asaphus Vision GmbH; signs collaboration with Valeo
has announced the acquisition of Asaphus Vision GmbH, a highly specialised development group with leading Machine Learning (ML) and Artificial Intelligence (AI) capability
Peter Coleman appointed interim CEO of Kingswood Holdings, as David Lawrence resigns
LONDON: Kingswood Holdings Limited (AIM: KWG), the international, fully integrated wealth and investment management group, announced that David Lawrence has resigned as Chief Executive of the Company and that Peter Coleman has been appointed as Interim Chief Executive Officer with immediate effect, and to the Board, subject to FCA regulatory approval. A process to appoint…
Gresham House achieves 1GWh milestone
LONDON: Gresham House Energy Storage Fund plc (LSE: GRID), the UK’s largest fund investing in utility-scale battery energy storage systems (BESS), has completed the augmentation of its Enderby and West Didsbury projects, which are both now trading at their increased capacity. This increases GRID’s operational capacity to over 1GWh (1,030MWh), the first battery storage business…