News And Announcements
Bigblu Broadband ends year in strong position
Super- and ultra-fast broadband service provider Bigblu Broadband said in a trading update on Thursday that it delivered growth across all four of its key metrics in the year ended 30 November, being its customer base, revenue, EBITDA and free cash flow.
Duke Royalty completes £4.2m follow-on investment in BIL
Royalty capital provider Duke Royalty announced on Thursday that it has completed the follow-on investment of £4. 2m into its existing royalty partner Bakhchysarai Ireland (BIL).
Vesuvius to buy US-based Universal Refractories in $57.1m deal
Molten metal flow engineer Vesuvius has agreed to buy US-based Universal Refractories, a specialty refractory producer, in a $57. 1m deal.
Live Company pleased with progress at Start Art investment
Live Company Group updated the market on progress with its minority investment in Start Art Global (StART) on Thursday, confirming that the platform formally went live in October.
Emmerson moves to pre-construction at Khemisset
Morocco-focussed potash developer Emmerson updated the market on progress at the Khemisset project on Thursday, as it moved into the pre-construction phase of development.
Clinigen confirms takeover talks with Triton, shares surge
Clinigen shares surged on Thursday after the company confirmed it has received a non-binding indicative proposal from investment firm Triton about a possible offer.
President Energy makes progress in Argentina, Louisiana
President Energy updated the market on its oil and gas operations in Argentina and Louisiana on Thursday, reporting that the drilling of well DP-2001 at Salta in Argentina reached the target depth safely, with electric logging concluded.
EC fines HSBC, Barclays, RBS for FX rigging
The European Commission has fined HSBC, Barclays, NatWest and Credit Suisse a total of €344m (£293m) for rigging foreign currency markets.
AJ Bell rewards shareholders as profits rise 13% on investor surge
Financial services platform AJ Bell lifted its dividend and announced a special payout to shareholders as it increased annual profits by 13%.
Xtract Resources reports on three more holes at Bushranger
Xtract Resources reported on three further holes completed as part of the ongoing phase 2 diamond drilling programme at the Bushranger copper-gold exploration project on Thursday.
Inland Homes cuts Cheshunt Lakeside funding costs through refinancing
Housebuilder and brownfield developer Inland Homes announced the refinancing of facilities at Cheshunt Lakeside on Thursday, through its joint venture Cheshunt Lakeside Developments (CLDL).
Hammerson lifts earnings forecast on strong rental outlook
Hammerson raised its expectations in an update on Thursday, announcing that assuming no further periods of Covid-19-related disruption in December, it now anticipated adjusted earnings of at least £60m for the 2021 financial year.
Capita contract with Co-op Bank to end early
Capita has announced the early termination of its mortgage services contract with The Co-operative Bank.
Vifor Pharma shares soar on CSL bid talk
Australia’s CSL is reportedly in exclusive talks to buy Vifor Pharma AUD$10bn deal, sending the Swiss drugmaker's shares up more than 17% on Thursday.
Abrdn to buy Interactive Investor in £1.5bn deal
Asset manager Abrdn has agreed to buy subscription-based investment platform Interactive Investor for £1. 49bn in cash.
Halfords buys National garage chain for £62m
Halfords has agreed to buy the owner of the National garage chain for £62m in cash to rev up the group's expansion of its garage business.
Jubilee Metals reports strong growth in revenue, earnings
Metals processing company Jubilee reported a 133% improvement in total revenue in its audited results on Thursday, to £133m.
FW Thorpe buys 50pc of Dutch firm Ratio Electric
FW Thorpe announced the acquisition of 50% of Ratio Electric in the Netherlands on Thursday, for €6. 8m (£5. 8m) funded from its existing cash reserves.
Belvoir to beat expectations on property boom
Belvoir said annual profit would beat expectations after the property and financial services group benefited from a booming UK housing market.
Impax Asset Management reports record inflows in final results
Impax Asset Management reported a 63. 5% increase in revenue in its final results on Thursday, to £143. 1m, as its adjusted operating profit surges 139. 5% to £55. 8m.