Company News
Thursday preview: UK elections in the spotlight
All eyes on Thursday would be on the UK election results with most analysts confident that Labour was set to regain power by a wide margin and after a very long absence.
Sidara's takeover deadline for Wood Group extended
Wood Group said on Wednesday that the deadline for Sidara to either announce a firm intention to make an offer or walk away has been extended as the Dubai-based engineering and consultancy firm needs more time for due diligence.
Director dealings: Time Finance CFO makes share purchase
Time Finance revealed on Wednesday that chief financial officer James Roberts had acquired 22,482 ordinary shares in the AIM-listed finance provider.
IntelliAM AI starts trading on AQSE
IntelliAM AI, a software company specialising in AI and machine learning for the manufacturing industry, announced the start of trading of its shares on the Aquis Stock Exchange Growth Market on Wednesday.
Quest Diagnostics to buy Canada’s LifeLabs for $985m
Quest Diagnostics said on Wednesday that it has agreed to buy LifeLabs, a Canadian provider of community laboratory tests, for about $985m including debt.
Serica completes reserves-based lending redetermination
Serica Energy announced on Wednesday that it has completed the first semi-annual redetermination under its $525m reserve-based lending (RBL) facility, increasing the borrowing base from $463m to the full committed amount of $525m.
Judges Scientific amends and extends multi-bank facilities
Judges Scientific, a group specialising in acquiring and developing companies in the scientific instrument sector, announced amendments and extensions to its multi-bank facilities with Lloyds Banking Group, Santander, and Bank of Ireland on Wednesday.
Fintel acquires Threesixty Services from Abrdn
Fintech and support services provider Fintel announced the completed acquisition of Threesixty Services from Abrdn on Wednesday.
National Amusements tentatively agrees Paramount deal - reports
Shares in Paramount Global surged on Wednesday, on reports National Amusements has struck a tentative deal to sell its controlling stake in the US entertainment giant.
Wizz Air president departs airline
The president of Wizz Air Holdings has left the budget airline, it was confirmed on Wednesday, prompting a shake-up of senior management.
Election uncertainty weighs on UK service sector - PMI
The pace of growth in the UK service sector softened in June, a closely-watched survey showed on Wednesday, weighed down by the forthcoming general election.
Equals Group H1 revenues grow YOY
Fintech payments group Equals said on Wednesday that interim revenues had improved.
Capricorn Energy on track to meet midpoint of current FY guidance
Exploration and development firm Capricorn Energy said on Wednesday that it was on track to meet the midpoint of current guidance as consistent payments continued throughout its Egyptian operations.
Keywords Studios to be taken over by EQT in £2.1bn deal
AIM-listed Keywords Studios said on Wednesday that it has agreed to be taken over by European private equity firm EQT in a £2. 1bn deal.
Baltic Classifieds Group reports strong full-year performance
Baltic Classifieds Group reported a strong full-year performance across its business lines on Wednesday.
GSK restructures vaccine collaboration with CureVac
GSK announced on Wednesday that it has restructured its collaboration with CureVac into a new licensing agreement, granting GSK exclusive rights to develop, manufacture, and globally commercialise mRNA-based candidate vaccines for influenza and Covid-19.
Oil production begins at Kosmos Energy's Winterfell development
Upstream oil company Kosmos Energy announced the successful start-up of oil production at the Winterfell development in the Gulf of Mexico.
Cairn reaffirms outlook on strong first half
Cairn Homes reiterated its full-year outlook on Wednesday, after interim revenues surged on the back of bumper demand.
Topps Tiles sales fall amid challenging market conditions
Topps Tiles on Wednesday said challenging market conditions had continued into the second half of its fiscal year, leading to a fall in sales.
Vodafone in new network tie-up with Virgin Media O2
Vodafone UK and Virgin Media O2 have agreed to extend and enhance their existing mobile network sharing agreement for more than a decade, forming a new company that will invest £11bn in the project.