Company News
Oracle Power enters exclusive option to acquire Blue Rock Valley
Oracle Power announced an exclusive option to acquire 100% ownership of the Blue Rock Valley Copper and Silver Project in the Ashburton Basin in northwest Western Australia on Tuesday.
Hvivo unveils record results and bullish growth targets
Shares in AIM-listed Hvivo dipped on Tuesday despite the infectious and respiratory disease treatment firm reporting a record year across all financial and operational metrics, as well as ambitious revenue targets for the coming years.
Gresham Technologies to be bought by STG Partners in £147m deal
Gresham Technologies said on Tuesday that it has agreed to be bought by Alliance Bidco - a company owned indirectly by funds managed or advised by US private equity firm STG Partners - in a £146. 7m deal.
PureTech founder steps down as CEO to lead SeaPort spin-off
Clinical-stage biotherapeutics group PureTech has announced that its founding chief executive is to step down to lead SeaPort Therapeutics, a PureTech company she founded that has just raised $100m in Series A financing.
Imperial Brands on track to meet full-year expectations
Tobacco giant Imperial Brands said in a trading update on Tuesday that it remained on track to achieve its financial objectives while balancing share performance and implementing its strategic transformation plan.
Warpaint sees FY outlook ahead of market views
Warpaint said on Tuesday that its full-year outlook was set to be "ahead" of the market’s current expectations following strong trading in the first quarter of 2024.
Record business wins help JTC beat growth targets for 2023
Fund, corporate and private client services group JTC has raised its growth guidance for the next three years after smashing its targets in 2023, helped by a record amount of new business wins.
Unite Group reiterates rental guidance after solid Q1
Student accommodation manager and developer Unite has said it is still confident in hitting rental growth targets for the next academic year while property values held more or less stable in the first quarter.
HSBC to take $1bn hit from Argentina unit sale
HSBC Holdings on Tuesday said it was selling its Argentina business to Grupo Financiero Galicia for $550m and take a $1bn pre-tax loss in the process as it continued to pivot its operations towards Asia.