News And Announcements
Seeing Machines upbeat on opportunity from US infrastructure bill
Computer vision technology company Seeing Machines issued a trading update on Monday, on the back of the US House of Representatives passing a bipartisan infrastructure agreement on 5 November, containing “key provisions” to improve road safety.
Kingspan sales performance slowing after solid growth through Q3
Insulation and building envelope supplies company Kingspan Group said in a trading update on Monday that sales in the nine months ended 30 September totalled €4. 72bn (£4. 05bn), up 44% year-on-year, with sales growth coming in at 50% in the third quarter.
HICL Infrastructure indirectly acquires stake in Road Management Group
Investment firm HICL Infrastructure has indirectly acquired a 33. 3% interest in Road Management Group, a holding company that comprises two UK shadow toll roads.
Sirius Real Estate does well in first half, agrees to buy UK's BizSpace
Germany-focussed business park operator Sirius Real Estate reported a 25. 7% improvement in its first-half profit before tax on Monday, to €78. 2m (£67. 05m).
Polymetal board approves $447m Veduga investment
Precious metals mining company Polymetal said on Monday that its board had approved a $447. 0m investment in the 4. 0m ounce Veduga gold project, based on the results of a preliminary feasibility study into the asset.
BHP agrees divestment of stake in Mitsui Coal venture
BHP has agreed to divest its 80% interest in BHP Mitsui Coal (BMC), an operated metallurgical coal joint venture in Queensland.
Syncona's Autolus in $250m funding deal with Blackstone Life Sciences
Healthcare investor Syncona on Monday said its portfolio company Autolus Therapeutics had agreed a collaboration and $250m financing deal with Blackstone Life Sciences.
Wealth manager Investec lifts EPS guidance
Wealth manager Investec lifted its earnings per share guidance for the first half of 2022 on Monday.
BAE holds guidance, sees benefits from AUKUS submarines deal
UK defence contractor BAE Systems maintained guidance for annual earnings growth and said the recent controversial pact agreed between Britain, Australia and US could be beneficial.
Asset manager Abrdn in talks to buy Interactive Investor
Asset manager Abrdn said on Monday that it is currently in talks with private equity firm J. C. Flowers & Co about a potential acquisition of fund platform Interactive Investor.
Playtech confirms preliminary takeover approach from Gopher Investments
Playtech confirmed on Monday that it has received a preliminary takeover approach from shareholder Gopher Investments.
JD Sports CEO hits back over car park meeting with Footasylum boss
JD Sports Fashion on Monday hit back at reports over a meeting between the retailer’s boss Peter Cowgill and Footasylum chief Barry Brown in an industrial estate car park, leading to claims they may have broken UK takeover rules.