News And Announcements
Mineral & Financial makes seed investment in Canadian mining tech firm
Mineral and Financial Investments that it has made a seed investment of CAD 0. 1m (£0. 06m) in Ideon Technologies, it announced on Monday, as part of a CAD 1. 3m private fundraising.
ULS Technology extends partnership with Openwork for three years
Conveyancing and financial intermediary platform provider ULS Technology announced an exclusive three-year partnership with Openwork on Monday, extending the relationship in place since 2016.
Helical joint venture secures £140m facility for London scheme
Helical announced on Monday that its 50-50 joint venture with AshbyCapital has secured a £140m facility from Allianz, to finance the development of 33 Charterhouse Street.
Northern Bear scraps final dividend as profit drops
Northern Bear said it would not pay a final dividend after taking government support and asking workers to take pay cuts during the Covid-19 crisis.
Alfa Laval to buy valve maker Neles for €1.73bn
Sweden’s Alfa Laval has agreed to buy Finnish valve maker Neles for €1. 73bn in cash.
Centamin Q2 production up 11%; Narrows 2020 production range
Gold miner Centamin reported higher second quarter production and said it was on track to meet full year guidance as the coronavirus pandemic had little materially affect on operations.
Avacta signs Covid sewage test deal with Integumen
Biotherapeutics company Avacta Group has entered into a collaboration with its AIM peer Integumen, it announced on Monday, to evaluate recently-generated Affimer reagents that bind the SARS-CoV-2 spike protein for the detection of the coronavirus in wastewater, to provide a real-time alert system to warn of localised Covid-19 outbreaks.
Roche upbeat on latest Halimbra study results
Roche announced results from the second interim analysis of the phase 2b ‘STASEY’ study on Monday, which it said reinforced the safety profile of ‘Hemlibra’, or emicizumab, as shown in the phase 3 ‘HAVEN’ clinical programme.
Halfords to close 60 sites this year - report
Halfords has earmarked up to 60 branches for closure this year as it speeds up plans to shrink the number of stores in response to coronavirus, according to a report.
Unite exchanges contracts for 300-bed site in Edinburgh
Student accommodation company Unite Group has exchanged contracts to acquire a new 300-bed development site in central Edinburgh, it announced on Monday, which forms part of a wider mixed-use redevelopment.
Quiz investigates report into illegal pay at Leicester factory
Quiz said it was investigating a report that workers in Leicester were offered illegally low wages to make its clothes and said one of its suppliers appeared to have used a subcontractor against the company's instructions.
Wizz Air Abu Dhabi venture to start on October 1
Wizz Air said its Abu Dhabi joint venture would start operations on October 1 with six new routes connecting the UAE capital with Europe and Egypt.
Big Yellow buys Wapping site for £18.6m
Self-storage company Big Yellow has exchanged contracts to buy a site in Wapping, London, for £18. 6m.
G4S first-half profit to beat expectations
G4S said first-half profit would be well ahead of expectations and that it would bring forward its results announcement to the week beginning 20 July.