News And Announcements
SIG unveils refinancing plans
SIG unveiled plans to refinance its existing debt on Monday, with a proposed offering of €300m senior secured notes due in 2029.
Ashmore shares jump on solid AuM growth in first quarter
Shares in Ashmore rose strongly on Monday after the emerging market asset manager reported a 5% increase in assets under management (AuM) in the first quarter, helped by a positive investment performance and increasing investor appetite.
Good Energy's Zapmap partners with Centrica's Hive
Good Energy Group announced a strategic partnership between its EV charging app subsidiary Zapmap and Hive, the eco-tech subsidiary of Centrica, on Monday.
Lundbeck to buy Longboard Pharmaceuticals in $2.6bn deal
Danish pharmaceutical group Lundbeck said on Monday that it has agreed to buy Longboard Pharmaceuticals in a $2. 6bn deal.
Greatland Gold progresses Havieron and Telfer acquisitions
Greatland Gold updated the market on its acquisition of a 70% interest in the Havieron gold-copper project and 100% ownership of the Telfer gold-copper mine from Newmont Corporation on Monday.
InPost in advanced talks to buy remaining 70% of Menzies - report
Logistics firm InPost is reportedly closing in on a deal to take full ownership of Menzies Distribution Group.
Contractor dies at Griffin's Caijiaying Mine
Griffin Mining announced the death of an employee of a mining contractor at its Caijiaying Mine on Monday.
BP Marsh invests in new London-based MGA
BP Marsh announced a new investment in London-based managing general agency (MGA) Volt on Monday, which specialises in energy insurance.
Elixirr secures £45m facility with NatWest
Global consultancy firm Elixirr International announced on Monday that it has secured a £45m revolving credit facility from NatWest to support its growth strategy, including mergers and acquisitions, while limiting equity dilution.
DP World announces £1bn injection into London Gateway
The London Gateway is to become Britain’s largest container port within five years after operator DP World announced a £1bn expansion to boost capacity.
International Paper shareholders give green light for DS Smith takeover
Shareholders of American pulp and paper giant International Paper have given their approval for the £5. 8bn takeover of London-listed packaging group DS Smith.
TI Fluid 'minded to recommend' 200p-a-share takeover offer from ABC Technologies
TI Fluid Systems said on Monday that it would be "minded to recommend" an improved takeover proposal from ABC Technologies at 200p a share, should a firm offer be made.
Gambling stocks tank on report of potential £3bn tax raid
UK gambling stocks tumbled on Monday following a report the government is planning a tax raid of up to £3bn on the gambling sector in this month’s Budget.
FCA lifts collection restrictions on S&U subsidiary Advantage
Motor and property finance specialist S&U announced on Monday that the Financial Conduct Authority (FCA) had agreed to lift the collection process restrictions previously imposed on its motor finance subsidiary, Advantage Finance.
Life Science REIT completes new lease at Oxford Technology Park
Life Science REIT announced on Monday that it has completed a new lease with quantum technology company Infleqtion for 7,500 square feet of fully-fitted laboratory space at the Innovation Quarter in Oxford Technology Park (OTP).
Frasers Group's Ger Wright steps down as Sport MD
Retailer Frasers Group revealed on Monday that Ger Wright will stand down from her role as managing director of Sport on 30 November but will remain on its board as a non-executive director.
Augmentum taps William Reeve as its new chairman
Augmentum Fintech announced the appointment of William Reeve as chairman of its board on Monday, effective 1 November.
Helical reports progress across development pipeline
Helical reported significant progress across its development pipeline and investment portfolio in a trading update on Monday, particularly in its London office projects.
GSK reports positive results from depemokimab trial
GSK has announced positive results from a phase III trial of its depemokimab treatment for chronic rhinosinusitis with nasal polyps (CRSwNP).
PageGroup cautious as recruitment weakness continues
PageGroup reported a 13. 5% drop in group gross profit for the third quarter on Monday, reflecting ongoing challenges across global recruitment markets.