News And Announcements
Disney close to sealing $60bn deal for Fox and Sky stake - reports
Walt Disney is reportedly set to secure a $60bn deal to buy 21st Century Fox’s entertainment assets, including its 39% stake in UK broadcaster Sky.
Ubisense announces first satellite deployment of 'SmartSpace' platform
Enterprise location intelligence solutions provider Ubisense announced a new contract in the space and satellites sector on Wednesday - the first deployment in that sector for its SmartSpace platform and associated products.
Alexander Mining tech being assessed on Accudo assets
Alexander Mining updated the market on its business development activities on Wednesday, confirming that it has received an update from Accudo Metals regarding its agreement with the owners of the copper tenements and assets in Australia.
KCR Residential acquires a further retirement apartment
KCR Residential announced on Wednesday that its wholly-owned subsidiary, K&C Osprey, has acquired a further apartment within one of its freehold retirement residential developments.
Lonmin confirms it now owns 100pc of Pandora venture
Lonmin announced the completion of the acquisition of Anglo American Platinum's 42. 5% interest in the Pandora joint venture on Wednesday, as well as Mvelaphanda Resources’ 7. 5% interest.
3i Infrastructure to sell stake in Finnish power company Elenia
3i Infrastructure has agreed to sell its stake in Finnish power company Elenia and a complementary district heating business to a consortium comprising Allianz Capital Partners, Macquarie Infrastructure and the State Pension Fund of Finland.
SigmaRoc acquires Poundfield Products in £10m deal
Buy-and-build construction materials group SigmaRoc has entered into a conditional agreement to acquire Poundfield Products Group, a UK-based group of businesses specialising in patented concrete products and systems, for a total consideration of £10. 25m, it announced on Wednesday.
1pm subsidiary buys motor finance brokerage CarFinance2U
AIM-listed specialist provider of finance facilities to the SME sector, 1pm, said on Wednesday that its subsidiary Academy Leasing has bought Wirral-based motor finance brokerage, CarFinance2U.
Chariot spends year investing amid low-cost oil environment
Atlantic margins-focussed oil and gas exploration company Chariot Oil & Gas updated the market on its operations on Wednesday, prior to its 31 December year-end.
Sports Direct shareholders reject John Ashley payout
Sports Direct shareholders have rejected the company's proposed £11m payout to founder Mike Ashley's brother for his work as an IT expert.
Care facilities subject of TV investigation, Cambian confirms
Cambian Group issued an update to the market on Wednesday, reporting that on 10 November, it received a letter from an independent television production company informing it of its intention to broadcast a current affairs programme that will include undercover video footage at a number of care facilities managed by independent providers, three of which are operated by Cambian.
Hikma launches migraine injection treatment
Hikma Pharmaceuticals has launched its own version of an acute injected treatment for migraine headaches, dihydroergotamine mesylate. West-Ward's Dihydroergotamine Mesylate Injection, USP is indicated for the acute treatment of migraine headaches with or without aura and the acute treatment of cluster headache episodes. According to IMS Health, US sales of Dihydroergotamine Mesylate Injection, USP were approximately $34. 8 million in the 12 months ending October 2017.
Zotefoams to provide footwear foams exclusively to Nike
Zotefoams has entered into a strategic partnership with Nike, it announced on Wednesday, to develop footwear technology and supply materials for the global footwear, apparel and equipment company.
Dixons Carphone pledges to 'simplify' mobile business as profits plummet
Profits at Dixons Carphone crumpled in the first half as UK mobile phone customers continued to hold onto their handsets longer, leading the retailer to plan a restructuring of this business and pledge that the dividend will be kept steady.
Vela Technologies raises £0.75m in placing
Early-stage and pre-IPO technology investing company Vela Technologies has raised gross proceeds of £0. 75m through a placing of 115,384,615 new ordinary shares at a price of 0. 65p per share, it announced on Wednesday.
Chapel Down in £20m fundraising to fuel UK vineyard growth
Chapel Down is raising £20m to buy extra land for vineyards, invest in its new brewery and fund further growth.
Faroe Petroleum says Tambar field production has resumed
Oil and gas company Faroe Petroleum said on Wednesday that production from the Tambar field in Norway has resumed following an accident on the Maersk interceptor drilling rig last week that left one person dead.
Aldermore signs Pat Butler as next chairman
Aldermore has recruited Pat Butler to be its next chairman after the bank's acquisition by South Africa's FirstRand is completed.
Purplebricks revenue surges but operating losses widen
AIM-listed online estate agency Purplebricks reported a surge in first-half revenue on Wednesday and upped its revenue guidance, although its operating losses widened.
Wood Group confirms profit targets, progress on AFW integration
Wood Group said the integration of newly acquired Amec Foster Wheeler was progressing ahead of schedule and that total adjusted operating profits for the full year will be between $335m and $355m.