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Company News
Holders Technology's profits light up after LED revenue increase

Holders Technology on Friday reported that its full-year profits more than tripled after an increase in revenue from its LED solutions division.

Ariana Resources praises 'excellent' performance at Turkish goldmine

Ariana Resources on Friday reported an "excellent" quarterly performance at the Kiziltepe gold mine in Turkey after strong production and prices drove gross income upward.

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Angling Direct in talks about possible acquisition of Chapmans Angling

Fishing tackle and equipment retailer Angling Direct confirmed on Friday that it is in advanced negotiations regarding a potential acquisition of Chapmans Angling.

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Haydale Graphene tumbles over heavily discounted placing

Haydale Graphene has begun discussions with lenders regarding a fundraising at a significant discount to its recent share price.

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Pinterest files for US IPO - report

Pinterest filed confidentially for a US initial public offering and is expected to seek a valuation of $12bn, according to reports on Friday.

SFO closes Rolls-Royce and GSK investigations

The Serious Fraud Office has closed its investigations into alleged bribery at GlaxoSmithKline and Rolls-Royce, it said on Friday.

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Webis extends California gambling licence amid sports-betting optimism

Webis Holdings' shares climbed on Friday after the company's advanced-deposit wagering business received a two-year licence approval until 2021 from the California Horse Racing Broad.

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Provident Financial gets £1.3bn takeover offer from Non-Standard Finance

Sub-prime lender Provident Financial has received a £1. 3bn takeover offer from smaller rival Non-Standard Finance.

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Rockhopper names Keith Lough as chairman

Oil and gas outfit Rockhopper Exploration's long-time chairman David McManus will retire from the group followings its upcoming annual shareholder meeting.

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U+I sells Brighton residential sites, faces delays in Kensington

Specialist regeneration developer U+I has completed the sale of the residential sites at Preston Barracks in Brighton, it announced on Friday, while also updating the market on the planning status of its scheme at Kensington Church Street.

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Hexatronic extends supply relationship with CityFibre

Hexatronic has signed a framework supply agreement with CityFibre, to supply the fibre optic infrastructure firm with passive fibre optic solutions including fibre optic cables, micro duct, connection boxes and aerial nodes, it announced on Friday.

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Gaming Realms sells real-money division to focus on development

Developer, publisher and licensor of mobile real-money and social games Gaming Realms has entered into agreements with River iGaming, a company listed on the Merkur Market of the Oslo Bors, to dispose of its real-money operating subsidiary Bear Group.

Reach4Entertainment snaps up London-based advertising outfit

Marketing communications group Reach4Entertainment will acquire advertising outfit Agency Press for a price that could rise to £10m.

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Stobart confirms sale of Stobart Air to Connect Group consortium

Stobart Group confirmed on Friday that the sale and purchase agreement by which its wholly-owned subsidiary Stobart Aviation was disposing of of its shares in Everdeal Holdings, through which it owns Stobart Air had become unconditional.

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Barclays Bank chairman stands down

Barclays non-executive director Gerry Grimstone has decided to step down from his role as chairman of Barclays Bank at the end of the month.

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IMImobile 'excited' by successful WhatsApp integration

IMImobile on Friday confirmed the successful integration of a WhatsApp Business solution into its enterprise cloud communications platform IMIconnect, giving its clients a new platform for customer service.

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Mediazest launches small fundraise

Creative audio-visual company Mediazest has conditionally raised £110,000 with a placing of new ordinary shares at a price of just 0. 1p per share.

Centrica renews £2.4bn revolving credit facility

Centrica on Friday said it had rolled over a £4. 2bn credit facility with a maturity date of 2024.

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Vodafone eyes Italian 5G network collaboration

Vodafone's Italian arm has agreed to enter into a network sharing partnership for both 4G and 5G with Telecom Italia, with both companies also weighing a merger of their 22,000 towers in the country.

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Dairy Crest recommends offer from Canada's Saputo

Dairy Crest directors have recommended a cash takeover bid from Canada's Saputo that values the Cathedral City cheese maker at £975m.