LONDON: Redcentric plc (AIM:RCN), a leading UK IT managed services provider, has conditionally agreed the sale of its Data Centre business, Redcentric Data Centres Limited, (RDC) to Stellanor Datacenters Group Limited, UK data centre operator backed by a fund managed by DWS Group for a cash consideration based on an enterprise valuation of up…
LONDON: Coca-Cola HBC AG has entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola Beverages Africa Pty Ltd (CCBA) from The Coca-Cola Company and Gutsche Family Investments Pty Ltd (GFI) for a combined purchase price of US$2.6 billion, implying an equity value for 100% of CCBA of US$3.4…
LONDON: MyHealthChecked PLC (AIM: MHC), the consumer home-testing healthcare company, announced that it has agreed the conditional sale of the Group’s trading subsidiary Concepta Diagnostics Limited to Boots UK Limited for a total consideration of £2.375 million. Concepta distributes and commercialises a range of at-home healthcare and wellness tests and has developed an accompanying…
SoftBank Group Corp. said Monday it has agreed to acquire the robotics division of Swiss engineering giant ABB Ltd. for $5.4 billion, marking a major step in the Japanese conglomerate’s effort to expand its footprint in artificial intelligence. The deal, which remains subject to global regulatory approvals, will halt ABB’s previously announced plan to…
LONDON: Centaur Media Plc has signed an unconditional sale and purchase agreement with Haymarket Media Group Limited for the sale of MWCR Limited, being the operating company of Marketing Week, Festival of Marketing and Creative Review, for an enterprise value of £3.9 million. Martin Rowland, Executive Chair of Centaur, commented: “Today’s announcement represents further…
LONDON: Hellenic Telecommunications Organization S.A. (OTE) has signed binding agreements with Vodafone Romania S.A. and Digi Romania S.A. for the disposal of its 100% stake in Telekom Romania Mobile Communications (TKRM) following the approval by the Romanian Competition Commission in July 2025. Accordingly, TKRM will transfer to Digi the prepaid business, certain spectrum rights…
The company reported a loss before tax of £980,338, reflecting increased costs LONDON: Fiinu Plc, the fintech group behind the Plugin Overdraft® and recently re-admitted to trading on AIM following its acquisition of Everfex P.S.A., on Monday announced its unaudited half-year results for the six months ended June 30, 2025, underscoring strategic momentum and…
GREENWICH: W. R. Berkley Corporation (NYSE: WRB) on Monday reported higher second-quarter earnings as the property and casualty insurer posted record net premiums written and investment income. The company said net income attributable to common stockholders was $401.3 million, or $1.00 per diluted share, compared with $371.9 million, or $0.92 per share, a year…
LONDON: Intuitive Investments Group plc (IIG), a closed-end investment company focused on high-growth opportunities, announced its half-year financial results for the six months ending March 31, 2025, emphasizing progress in its key asset, Hui10, a leader in China’s digital lottery transformation. Chairman Optimistic on Growth Sir Nigel Rudd, IIG’s chairman, said the company’s primary driver…