News And Announcements
EasyHotel trading in line, considering long-term financing options
AIM-listed EasyHotel said on Monday that the strong trading seen in the previous year across owned and franchised hotel estates has continued, with the group's performance since the financial year ended 30 September 2017 in line with the board's expectations.
Avon Rubber wins $12.6m order from US DoD
Avon Rubber has received an order from the US Department of Defense for 47,000 M50 mask systems worth $12. 6m.
Carillion collapse to have no material impact on John Laing Infrastructure
John Laing Infrastructure Fund updated the market on the impact of the liquidation of Carillion on Monday, saying that its investment adviser John Laing Capital Management was implementing its contingency plans to replace Carillion as facilities management provider on the nine JLIF projects.
Fishing Republic raises £1.3m in placing to develop e-commerce operations
AIM-listed fishing tackle retailer Fishing Republic has raised £1. 3m through a placing of 13m shares to new and existing shareholders, including directors, which will be used to advance and develop the group’s e-commerce operations, logistics and merchandising activities following the recent review of operations.
Telit Communications says numerous parties interested in automotive division
Internet of Things enabler Telit Communications noted press speculation regarding the sale of its automotive division and said it has received interest from "numerous" parties and a range of proposals have been received, which are subject to due diligence.
GKN elaborates on pension deficit claims
GKN looked to clear up a dispute over its pensions deficit on Monday as it battles to stave off a hostile takeover from smaller rival Melrose Industries, following reports the shortfall could be a potential 'poison pill'.
Relx to buy California-based ThreatMetrix for £580m
Relx Group, formerly known as Reed Elsevier, has agreed to buy California-based security technology company ThreatMetrix for £580m in cash.
Anglo American sells New Largo project for $71m
Anglo American on Monday said it had sold the New Largo thermal coal project and Old New Largo closed colliery in South Africa for ZAR 850m ($71m).