News And Announcements
Hammerson surges after rejecting £5bn bid from France's Klepierre
Shares in Hammerson surged on Monday as it confirmed that it recently rejected a £5bn bid from French shopping centre operator Klepierre.
Scotgold agrees earn-in with PanEx for Polmar licence in Portugal
Scotgold has concluded an earn-in agreement to its Portuguese subsidiary, Scotgold Resources Portugal - which holds the Pomar licence - with PanEx Resources, it announced on Monday.
Adamas leads funding round for Singapore health-tech project DocDoc
Asia-focused investment firm Adamas Finance Asia announce an investment in a new project, DocDoc, on Monday.
Armadale reveals 31-year mine plan for Mahenge Liandu
Africa-focussed natural resources investment company Armadale Capital announced on Monday that an optimisation study for the Mahenge Liandu Graphite Project in Tanzania has now been completed by ROM Resources.
Melrose quickly derides GKN Driveline-Dana plan for London listing
Turnaround specialist Melrose was quick to respond to the latest development in GKN’s quickly-organised breakup on Monday, saying its own final offer of 466p in value today and 60% of future value creation for the whole of GKN was “clearly superior” to the “hasty break-up” being pursued by the GKN board.
Combined GKN Driveline-Dana business would have London listing
Further to its announcement on 9 March about the proposed combination of Dana Incorporated and GKN Driveline, Dana announced on Monday that the new combined business will hold a standard listing on the London Stock Exchange, in addition to being listed on the New York Stock Exchange.