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Company News
01 Nov
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Proxama completes transaction of Digital Payments Division to private Danish company

Mobile location and data intelligence expert Proxama has announced today the sale of its Digital Payments Division to LHH2 APS, a private Danish company, in a move aimed at further strengthening the company's balance sheet.

01 Nov
exploration well, oil & gas
Ariana Resources's production from Kiziltepe exceeds expectations, Starvest says

Investee company Ariana Resources reported that production of gold and silver from its newly commissioned Kiziltepe operation, in which it has a 50% interest, exceeded expectations, Starvest announced on Wednesday.

01 Nov
pan african resources south africa
Blenheim Natural Resources acquires interest in Kalahari Key Mineral Exploration

Blenheim Natural Resources said it has completed its acquisition of a 20% interest in Kalahari Key Mineral Exploration.

01 Nov
Bank of England by Alex Guibord (Flickr)
Thursday preview: BoE, Shell, BT, Yellen successor

Thursday is widely expected to see the first interest rate hike by the Bank of England for over a decade, while updates are due from Shell, BT and Morrisons and Donald Trump will reveal his tax bill and Fed Chair Janet Yellen's successor.

01 Nov
Money coins pound
Gordon Dadds completes £4m acquisition of CW Energy

London-based legal and professional services business Gordon Dadds Group has completed the acquisition of the corporate tax advisory business and certain assets of CW Energy for a total initial consideration of £4m, payable in cash over a five-year period, it announced on Wednesday.

01 Nov
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SysGroup buys WatchGuard 'platinum partner' Rockford IT

Managed IT services and cloud hosting provider SysGroup has acquired 100% of the issued share capital of Rockford IT, a specialist provider of managed IT, hosting and security services, it announced on Wednesday.

01 Nov
Plus500
Plus500 extends Aussie rugby sponsorship deal for three years

Online contracts-for-difference trading service provider Plus500 announced on Wednesday that it has extended its sponsorship agreement with the Brumbies to be its official sponsor for the next three years.

01 Nov
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Mercia Technologies signs partnership agreement with University of Edinburgh

National investment group Mercia Technologies said it has signed a partnership agreement with the University of Edinburgh [UoE], one of the world's top 25 universities according to the Quacquarelli Symonds World University Rankings.

01 Nov
money
Proxama sells payments division, proposes name change

Mobile location and data intelligence specialist Proxama announced the sale of its digital payments division to private Danish company LHH2 APS on Wednesday, for an initial cash consideration of £1m plus potential deferred consideration of up to £1m over the next 18 months, subject to certain performance conditions.

01 Nov
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Aston Martin invests in the US as Brexit looms

Aston Martin is increasing investment in the US as it makes contingency plans for Britain leaving the EU.

01 Nov
Money coins pound
One Media iP set to meet full-year forecasts

Digital media content provider One Media iP Group updated the market on its trading on Wednesday, ahead of the announcement of its full year results to 31 October, which are expected to be announced in February.

01 Nov
asthma, health
GSK study shows COPD 'superiority' for Anoro Ellipta versus rival

GlaxoSmithKline and Innoviva have published data demonstrating the superiority in improving lung function for patients with chronic obstructive pulmonary disease of their Anoro Ellipta product compared to a rival once-daily long-acting combination therapy, Stiolto Respimat.

01 Nov
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Osirium Technologies wins private equity customer

Cyber-security software provider Osirium Technologies announced a new customer win on Wednesday with one of Europe's leading private equity firms.

01 Nov
VidaCaixa 3
Shell completes sale of UK North Sea assets to Chrysaor

Royal Dutch Shell has completed the sale of a package of UK North Sea assets to Chrysaor for up to $3. 8bn.

01 Nov
ecigarette
Imperial Brands snaps up vaping liquid manufacturer

UK tobacco giant Imperial Brands has bought Liverpool-based Nerudia, a supplier of nicotine to the vaping industry, the company confirmed on Wednesday.

01 Nov
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Velocity Composites sees continued growth at Burnley site

Advanced composite materials kit supplier Velocity Composites updated the market on its trading for the financial year to 31 October on Wednesday.

01 Nov
meeting, takeover, talks, bid, merger, acquisition
Angle completes fundraising and acquisition of Axela

The global liquid biopsy company Angle announced on Wednesday the completion of fundraising and acquisition of certain assets of Axela Inc, further to the announcement of 30 October 2017 with general admission having taken place earlier today.

01 Nov
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FCA reports early results of Arnie PPI claims campaign

Almost 1. 25m visits have been made to find information about claiming payment-protection insurance on the Financial Conduct Authority's dedicated a website since the launch an ad campaign featuring an animatronic model of Arnold Schwarzenegger's head.

01 Nov
exploration well, oil & gas
Empyrean Energy on track for completing flow-testing at California based Dempsey 1-15 well

Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, said it has been informed by Sacgasco Limited, the operator of the Dempsey 1-15 well in the Sacramento Basin, onshore California,that preparations for completing and flow-testing the Dempsey 1-15 well are continuing as planned.

01 Nov
Gold bars
Greatland Gold starts extended field operations at southern Pilbara licence

The precious and base metals exploration company, Greatland Gold, has begun extended field operations to assess the gold potential at its Panorama project in the Pilbara region of Western Australia, especially as regards conglomerate hosted gold and to generate targets for future exploration.