News

Spectris continues Advent talks after rejecting rival KKR approach
Spectris said no further proposal from KKR has been received but that KKR has requested access to equivalent due diligence information as provided by Spectris to Advent International. KKR is reviewing ...
LONDON MARKET CLOSE: Stocks slide, oil jumps after Israel strikes Iran
The oil price soared and stocks slumped on Friday after Israel launched dozens of air strikes against Iran, ramping up tensions in the Middle East. The FTSE 100 index closed down 34.29 points, 0.4%, ...
London midday: Stocks off lows as oil majors gush higher on Middle East tensions
(Sharecast News) - London stocks were off lows but still weaker by midday on Friday amid escalating tensions in the Middle East, after Israel hit Iran's nuclear sites. The FTSE 100 was down 0.3% at ...
AIM WINNERS & LOSERS: Renold backs GBP187 million takeover offer
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday.
Enwell Energy annual profit falls as notes continued impact from war
(Alliance News) - Enwell Energy PLC on Friday said the ongoing war in Ukraine continued to have a huge impact on all aspects of life and business in Ukraine, as it posted a lower profit. The ...
Frontier IP and Abstract Mid-Tech start "innovation hub" partnership
(Alliance News) - Frontier IP Group PLC on Friday announced a new strategic partnership with Abstract Mid-Tech Ltd, an associate company of Abstract Securities Ltd, "to create a new innovation hub in ...
AFC Energy inks strategic deal with Volex to support cost reduction
AFC Energy said it has achieved a cost reduction of around 85% from current build cost for its 30 kilowatt hydrogen fuel cell generator, via an adoption of low cost stack technology and value ...
LONDON BRIEFING: PHP hits back after Assura backs KKR offer
In early UK corporate news, M&A was the theme again. Primary Health maintained its offer for Assura was the best option, despite the latter backing a new private equity offer earlier this week.
80 Mile sells Kangerluarsuk project to Amaroq for up to USD2 million
Mile PLC on Thursday said it has agreed to sell the Kangerluarsuk zinc-lead-silver project in Greenland to mine developer Amaroq Minerals Ltd. The Greenland and Finland-focused company with a ...
UK chancellor fails to rule out future tax rises as economy shrinks
(Alliance News) - Rachel Reeves failed to rule out further UK tax rises in the autumn as new figures showed the economy shrank more than expected in April. The chancellor has repeatedly said that the ...
Oriole reports "further significant" Mbe gold mineralisation
The West and Central Africa-focused gold exploration company said the results, from drill hole MBDD012, have delivered "further significant gold mineralisation from very near surface". Oriole said ...
Custodian Property swings to profit on investment gain; ups dividend
Pertinently, Custodian Property reported a gain on investment property and depreciation of GBP11.4 million, compared to a loss of GBP25.7 million in financial 2024. The company declared a total ...