News And Announcements
GlaxoSmithKline's Zejula application accepted by US Food and drug administration
GlaxoSmithKline (GSK) confirmed on Monday Tesaro, its oncology-focused business, submitted a supplemental new drug application to the US Food & Drug Administration for its Zejula cancer treatment.
CentralNic completes debut bond issue amid strong trading
Internet domain name sales company CentralNic Group announced a successful placement of senior secured debt, as well as “strong trading” for the first four months of the financial year on Monday.
CIP Merchant Capital syndicates minority stake in Italy vet clinic chain
CIP Merchant Capital announced on Monday that, further to its announcement on 7 December last year regarding its investment in private Italy veterinary clinics chain 7Star, it had now successful syndicated a minority stake of its aggregated investment in 7Star to certain investors.
Tekcapital portfolio company Salarius secures new order for 'MicroSalt'
Intellectual property-focussed investment company Tekcapital announced on Monday that its portfolio company Salarius has secured and delivered a new order for ‘MicroSalt’ from a Mexican seafood company, for use in their dried shrimp snacks.
Galileo Resources exercises right to acquire rest of Enviro Zambia
Galileo Resources announced on Monday that, under the binding heads of terms it announced on 13 September last year, it has exercised its right at its sole election and risk to proceed to the completion of the proposed transaction, acquiring the Kabwe residual rights - including the Kashitu Zinc willemite exploration prospect - and the remaining 15% of the shares that it did not already hold in Enviro Zambia.
Tri-Star upbeat on SPMP progress as ramp-up approaches
Minerals processing company Tri-Star Resources updated the market on the operations of Strategic & Precious Metals Processing (SPMP), the owner of an antimony-gold processing facility in the Port of Sohar Free Zone in Oman, on Monday.
Boots set to ban plastic carrier bags and switch to paper
Boots is set to ban plastic carrier bags by 2020 and will replace them with brown paper bags.
EE fined £100k for unlawful marketing texts
Mobile phone operator EE has been fined £100,000 by the Information Commissioner's Office for sending more than 2. 5 million direct marketing messages to its customers without their consent.
MySale puts itself up for sale, launches strategic review
Australian online retailer MySale said on Monday that it was putting itself up for sale as it announced the launch of a strategic review.
Deutsche Bank backs Vodafone as it reiterates 'buy' rating
Deutsche Bank has maintained its ‘buy’ rating for Vodafone, despite reducing its price target, arguing that headwinds are starting to ease for the mobile phone giant.
Danske Bank sacks former interim CEO
Danske Bank has fired its former interim chief executive officer after customers were overcharged for an investment product.
Eldorado and Caesars take a gamble on $17bn deal
Shares in Caesars Entertainment jumped in pre-market trading in the US, after it agreed to be acquired by rival casino operator Eldorado Resorts in a multi-billion dollar deal.
Inmarsat to receive $50.75m settlement from RigNet
Inmarsat confirmed on Monday that it has agreed a final settlement with RigNet of all claims in respect of the arbitration case at the International Centre for Dispute Resolution relating to its GX take-or-pay contract.
Circor rejects 'opportunistic' offer from Crane
US flow control technology company Circor International has unanimously rejected an unsolicited offer from Crane Co, dismissing it as "low-value" and "opportunistic".
Acacia Mining fires back at Barrick Gold over criticism
Acacia Mining has issued a detailed rebuttal of criticisms made by shareholder and potential suitor Barrick Gold, the latest salvo in an increasingly bitter dispute between the two miners.
De La Rue chairman heads for the exit
Banknote printer De La Rue said on Monday that chairman Philip Rogerson plans to retire from the board.
Regional REIT raising £50m to take advantage of 'substantial pipeline'
Regional real estate investment firm Regional REIT announced the proposed issue of further ordinary shares on Monday, to raise gross proceeds of around £50m.
Lloyds cracks down on laundering by freezing 8,000 Jersey accounts
Lloyds Banking Group has reportedly frozen 8,000 Jersey-based offshore bank accounts following a crackdown on money laundering, with the account holders having failed to prove their identities.
600 Group buys out US laser specialist Control Micro Systems
Industrial engineering company 600 Group announced the acquisition of US-based Control Micro Systems (CMS) on Monday, which it described as an “industry-leading solutions provider” for integrated laser applications.
Porvair posts positive growth in first six months
Specialist filtration and environmental technology company Porvair announced a 21% improvement in revenue in its half-year results on Monday, to £72m, or 17% on a constant currency basis.