Company News
Shanta Gold's acquisition by Saturn moves a step closer
Shanta Gold updated the market on the recommended increased and final cash offer by Saturn Resources for its entire issued and to-be-issued share capital on Friday.
HSBC-backed Monese said to be planning breakup
HSBC-backed technology company Monese - which was in talks to raise funding at a valuation of over £1bn four years ago - is reportedly set to break itself up amid mounting losses.
Billionaire Issa nearing deal to sell Asda stake to TDR Capital - report
US private equity firm TDR Capital is reportedly closing in on a deal to buy petrol station billionaire Zuber Issa’s stake in supermarket chain Asda.
Schneider Electric in talks to take over Bentley Systems
French industrial energy giant Schneider Electric on Friday announced that it was in discussions to take over US-listed software firm Bentley Systems in a deal that could be worth nearly $16bn.
DS Smith tumbles as Mondi abandons pursuit
DS Smith tanked on Friday after Mondi said it would not be making an offer for the rival packaging group, clearing the path for a takeover by International Paper.
Thames Water plans to raise bills by 56pc - reports
Thames Water has submitted a revised business plan to regulators, proposing an increase in bills of 56%, it was reported on Friday.
Eqtec agrees amendment to Verde subscription
Waste-to-energy technology developer Eqtec updated the market on the Verde Corporation subscription on Friday, confirming that an amendment to the subscription letter had been agreed upon with Verde.
Novacyt gearing up for hearing in DHSC litigation
Molecular diagnostics specialist Novacyt updated the market on legal proceedings between itself and its subsidiary Primer Design against the Department of Health and Social Care (DHSC) on Friday.
Venture Life renews revolving credit facility
Self-care products specialist Venture Life Group announced the renewal of its revolving credit facility with Santander UK and HSBC Innovation Bank on Friday.
Diesel generators arrive for Goldplat's South Africa operations
South Africa and Ghana-focussed Goldplat announced the arrival of diesel generators at its South African operations on Friday.
Intelligent Ultrasound tech launches on new GE system
Healthcare software and simulation specialist Intelligent Ultrasound Group announced the launch of GE HealthCare's SonoLyst software, powered by its ‘ScanNav AI’, on the new Voluson Signature Series portfolio of ultrasound machines on Friday.
Man Group misses forecasts with Q1 assets under management
Investment management firm Man Group reported an improvement in assets under manager in the first quarter, according to a trading update released on Friday, but net outflows during the period caught investors by surprise, causing shares to drop sharply.
Home REIT exchanges 65 properties, rebuts legal claim from shareholders
Home REIT announced the successful exchange of 65 properties on Friday, at a public auction held on 18 April.
888 beats its own guidance with solid Q1 revenues
Shares in gambling group 888 Holdings rose on Friday after the company delivered first-quarter revenues ahead of guidance and reiterated its confidence in hitting full-year targets.
Quadrise posts progress with Utah partner Valkor
Quadrise updated the market on its collaboration with Valkor Technologies in Utah on Friday, targeting the supply of low sulphur ‘MSAR’ and ‘bioMSAR’ to the marine and power sector.
Bluejay to broaden into helium and industrial gases
Bluejay Mining announced a strategic decision to broaden its corporate scope, expanding into the exploration and development of helium, industrial gases, and hydrocarbons, on Friday.
Clean Power Hydrogen reports solid full-year progress
UK-based green hydrogen technology company Clean Power Hydrogen (CPH2) reported solid progress towards the commercial rollout of its membrane-free electrolyser (MFE) technology in its final results on Friday, driven by a revamped engineering team.
Vector Capital reports robust year-end financial position
Commercial lender Vector Capital reported continued growth in shareholders' equity while maintaining dividends and implementing prudent bad debt provision policies in its full-year results on Friday.
Old Mutual gets green light from South African Prudential Authority to set up bank
Old Mutual clinched approval from the Prudential Authority to set up a bank subject to specific licence conditions.
Woodside Energy posts decline in Q1 production
Woodside Energy reported a 7% quarter-on-quarter decline in output to 44. 9 million barrels of oil equivalent per day over the three days ending in March.