Company News
Director dealings: Gfinity CEO ups stake
Gfinity revealed on Monday that chief executive David Halley had acquired 200. 0m ordinary shares in the AIM-listed eSports business.
Apollo to buy Barnes Group in $3.6bn deal
Technology and aerospace manufacturer Barnes Group said on Monday that it has agreed to be bought by Apollo Global Management for $3. 6bn in cash.
Sosandar signs lease in Cardiff for fourth store
Women’s fashion brand Sosandar announced the signing of a lease for its fourth store on Monday, in Cardiff's St David's shopping centre.
John Lewis axes CEO role as chairman takes on extra duties
John Lewis Partnership chief executive Nish Kankiwala is stepping back from his role next spring, as the retail company announced it was axing the role and passing on more duties to chair Jason Tarry.
Futura Medical due $5m milestone payment from Haleon
Futura Medical, the consumer healthcare company behind Eroxon, announced on Monday that a $5m milestone payment had been triggered under its agreement with consumer products giant Haleon.
Chevron Canada to sell assets to Canadian Natural for $6.5bn
Chevron Canada said on Monday that it has agreed to sell its 20% interest in the Athabasca Oil Sands Project (AOSP) to Canadian Natural Resources for $6. 5bn in cash.
Cora reports positive analysis results from Tambir gold anomaly
Cora Gold reported positive results from multi-element analysis on Monday, following its recent reconnaissance drilling programme at the Tambor gold anomaly in the Madina Foulbé exploration permit area, eastern Senegal.
BP abandons oil and gas output target - report
BP has abandoned a target to cut oil and gas output by 2030 as chief executive Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, according to three sources cited by Reuters.
Applied Nutrition confirms London IPO later this month
Applied Nutrition confirmed on Monday that it plans to float on the London Stock Exchange this month.
Corero Network Security Q3 new orders total $6m
Cybersecurity firm Corero Network Security said on Monday that it has experience continued new customer momentum in Q3, with total orders in the quarter reaching $6. 0m.
Serabi releases updated Coringa economic assessment
Serabi Gold released an updated preliminary economic assessment (PEA) for its wholly-owned Coringa Gold Project in Brazil’s Para state on Monday, including improved project economics.
Vast Resources now expecting sales proceeds later in October
Mining company Vast Resources updated the market on its short-term funding situation on Monday, saying that it now expected to receive proceeds from sales around the third week of October, helping to address its immediate financial requirements.
AstraZeneca enters into exclusive license agreement with CSPC
Drugmaker AstraZeneca has entered into an exclusive license agreement with CSPC Pharmaceutical to advance the development of a pre-clinical novel lipid-lowering therapy.
hVIVO upbeat on positive human challenge trial results with client
Specialist contract research organisation hVIVO announced positive results from a phase 2a human challenge trial (HCT) for Enanta Pharmaceuticals' RSV antiviral candidate, EDP-323, on Monday.
FD Technologies agrees £230m sale of First Derivative business
FD Technologies announced an agreement to sell its First Derivative business to EPAM Systems on Monday, for £230m.
Consumer veteran Shapland to replace Boddy as Hollywood Bowl chair
Hollywood Bowl Group, the UK and Canada’s largest ten-pin bowling operator, announced on Monday that Peter Boddy would retire as chairman and step down as a director at the end of its annual general meeting on 30 January, after 10 years with the company.
3i Infrastructure gets binding offer for Valorem stake
3i Infrastructure said on Monday that it has received a binding offer for its circa 33% stake in Valorem, an independent European renewable energy developer and power producer, from funds managed by AIP Management P/S and from certain other co-investors.
Sirius Real Estate rent roll grows in first half
Germany and UK-focussed business park owner and operator Sirius Real Estate reported a 5. 5% like-for-like increase in rent roll for the six months ended 30 September on Monday.
Petra gets approval to sell Koffiefontein mine holding company
Petra Diamonds has secured unconditional consent under South Africa’s Mineral and Petroleum Resources Development Act for the sale of its entire issued share capital of Blue Diamond Mines to Koffiefontein Holdings, an affiliate of the Stargems Group, it announced on Monday.
Assura makes 'strong strategic progress'
Property business Assura said on Monday that it has made "strong strategic progress" to start the first half of the trading year, with its annualised rent roll growing as the group hiked its quarterly dividend.