LAGOS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), in partnership with South Atlantic Petroleum, has signed a Production Sharing Contract for two offshore exploration blocks in Nigeria, marking the first international license award in the country in over a decade. The licenses—Petroleum Prospecting Licenses (PPL) 2000 and 2001—were granted following the 2024 Exploration Round conducted by the Nigerian…
Caledonia Investments to sell its minority stake in Stonehage Fleming Family & Partners
LONDON: Caledonia Investments plc said Tuesday it has agreed to sell its minority stake in Stonehage Fleming Family & Partners Ltd., a leading multi-family office, to U.S.-based wealth advisory firm Corient Private Wealth LLC. The transaction, which includes other shareholders, is subject to regulatory approvals in the United Kingdom and other jurisdictions. Completion is expected…
WE.CONNECT acquires Exertis France and Iberia in strategic expansion move
PARIS: French electronics distributor WE.CONNECT said it has acquired 100% of Exertis France SAS and Exertis Iberia, marking a major step in its European expansion strategy. The deal, finalized after exclusive negotiations with Ireland’s DCC Group, includes a recapitalization of both entities by DCC. WE.CONNECT’s financial contribution was symbolic, amounting to one euro. Exertis France…
Everplay Group Plc posts resilient H1 results; Eyes stronger H2 on new game pipeline
Revenue fell to £72.4 million from £80.6 million a year earlier, impacted by the timing of license deals and fewer new title launches LONDON: Everplay Group plc reported a resilient first-half performance for the six months ended June 30, 2025, with adjusted EBITDA margins rising despite a 10% dip in revenue, as the indie game…
Oxford Nanopore reports strong H1 growth; Reaffirms FY25 guidance amid strategic advances
Revenue rose to £105.6 million from £84.1 million exceeding expectations LONDON: Oxford Nanopore Technologies plc (LSE: ONT) on Tuesday reported a 28% year-on-year revenue increase on a constant currency basis for the first half of 2025, driven by broad-based growth across geographies and customer segments, and strong uptake of its PromethION sequencing platform. Revenue rose…
Sirius Real Estate completes €60 million dual acquisition in Germany and U.K.
LONDON: Sirius Real Estate has finalized the acquisitions of two strategic business parks in Germany and the United Kingdom, adding €4.5 million in annualized income to its €2.7 billion portfolio. The company acquired a business park in Dresden for €23.4 million, including costs, and Chalcroft Business Park in Southampton for £38.6 million. The latter deal…
Johnson Service Group reports strong H1 performance, plans further share buyback
The textile services provider posted a 5.5% increase in revenue to £257.5 million LONDON: Johnson Service Group PLC (JSG) reported a solid set of interim results for the six months ended June 30, 2025, with revenue and profits rising across its key divisions and a new share buyback programme set to launch. The textile services…
Oscillate signs term sheet to divest hydrogen assets to Pulsar Helium
LONDON: Oscillate PLC said Tuesday it has signed a term sheet to sell its wholly owned subsidiary, Quantum Hydrogen Inc., to Pulsar Helium Inc. in a conditional share-based transaction valued at up to US$800,000. Quantum holds Oscillate’s hydrogen assets in Minnesota, which the company has deemed non-core as it pivots toward copper and strategic metals…
Alumasc FY25 profit hits record as sustainable building push drives growth
Group revenue rose 13% to £113.4 million, with organic growth contributing 7% LONDON: Alumasc Group (ALU.L), the premium sustainable building products and systems provider, reported a 9% rise in underlying profit before tax to a record £14.2 million for the year ended June 30, 2025, driven by strong organic growth and expanding export markets. Group…
Ecora to sell Dugbe Gold Royalty for up to $20 million
LONDON: Ecora Resources PLC (LSE/TSX: ECOR, OTCQX: ECRAF) said Tuesday it has agreed to sell a wholly owned subsidiary holding a 2% Net Smelter Return royalty over the Dugbe Gold Project in Liberia to a subsidiary of Elemental Altus Royalties Corp. for up to $20 million. The consideration includes a $16.5 million upfront cash payment…
Beeks Financial Cloud acquires minority stake in Liquid-Markets-Solutions
LONDON: Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, has secured a small minority stake in Liquid-Markets-Solutions (“LMS”), a rapidly growing provider of innovative high performance network technology, headquartered in Switzerland. This investment allows Beeks to exclusively deploy LMS’ newly released landmark technology, ÜberNIC, for the managed…
Shawbrook Group to acquire ThinCats Group Limited
LONDON: Shawbrook Group plc today announced that an agreement has been signed to acquire ThinCats Group Limited, a leading specialist lender with a strong track record in providing bespoke funding to established, growth-focused SMEs. The acquisition of ThinCats represents a strategic investment in accelerating the growth of Shawbrook’s existing presence in the specialist SME lending…