News And Announcements
Tricorn finds 'various matters' after internal review
Tube manipulation specialist Tricorn Group updated the market on its trading on Monday, reporting that following the appointment of Michael Stock as group finance director and the hiring of a new finance team, an internal review of the group’s performance was conducted.
Botswana Diamonds progresses Sekaka acquisition
Botswana Diamonds announced on Monday that all conditions for the acquisition of Sekaka Diamonds had now been satisfied, adding that Sekaka's prospecting licence, which holds the KX36 high-grade kimberlite pipe, had also been extended for a further two years, to 30 September 2022.
Home Depot to buy HD Supply in $8bn deal
US home improvement retailer Home Depot has agreed to buy HD Supply Holdings, a distributor of maintenance, repair and operations (MRO) products to the multifamily and hospitality end markets, in a $8bn deal.
Moderna reports 95% efficacy in Covid vaccine trials, stocks jump
Markets rallied on Monday after US biotech Moderna said its experimental Covid-19 vaccine had proved nearly 95% effective in phase 3 trials.
Investors to clamp down on bosses' pension perks
Large investors have warned companies they will clamp down on bosses' pension perks to promote fairness and good employee relations.
Block Energy makers progress at West Rustavi
Georgia-focussed exploration and production company Block Energy provided a progress report on its early production facility on the West Rustavi oil and gas field on Monday.
CIP Merchant Capital invests further in CareTech
CIP Merchant Capital has made a further investment in CareTech Holdings, it announced on Monday, which provides specialist social care and education services to adults and children in the UK.
Oracle Power buys two Western Australia gold projects
Oracle Power announced the acquisition of two "highly prospective" gold projects in Western Australia on Monday.
Shaftesbury founder Peter Levy dies
Shaftesbury said its founder and former chairman Peter Levy had died after a short illness.
DeepVerge starts deploying Covid-19 wastewater testing
DeepVerge has started deploying near-source wastewater contamination test equipment, branded ‘Microtox PD’, into water treatment plants in Ireland, it announced on Monday, with the first shipments to China and the United States expected by the end of the year.
G4S sets out US cash ambitions amid bid battle
G4S predicted its retail cash solutions (RCS) business would increase revenue by 25% a year to hit $600m (£454m) by 2025 as it sought to beat off a hostile bid from Canada's GardaWorld.
Gold producers Endeavour and Teranga strike $1.9bn deal
West Africa-focused gold producers Endeavour Mining and Teranga Gold are to join forces in a $1. 86bn deal ahead of debuting on the London market next year.
PNC Financial Services to buy BBVA's US operations for $11.6bn
PNC Financial Services has agreed to buy the US operations of Spain’s Banco Bilbao Vizcaya Argentaria for $11. 6bn in cash.
Aer Lingus to end Stobart regional deal in 2023
Irish airline Aer Lingus has dropped Stobart Air as its regional services operator from 2023, it was announced on Monday.
Provexis enters new China distribution agreement
Provexis announced on Monday that it has entered into a distribution agreement for its ‘Fruitflow’ heart health functional food ingredient in China, with a company set to act as distributor for ‘Fruitflow+ Omega-3’ under the Chinese cross-border e-commerce (CBEC) framework.
Sunrise Resources makes progress in Nevada and Australia
Sunrise Resources updated the market on a number of its projects on Monday, reporting that at the CS Pozzolan-Perlite Project in Nevada, the processing of a 100-ton bulk sample of perlite had been completed successfully.
President Energy upbeat on exploration well testing
President Energy updated the market on the testing of exploration well EVN-x1 near the main Estancia Vieja field in Argentina’s Rio Negro province on Monday, having announced the well’s logging on 27 October.
IronRidge appoints Amanda Harsas as new finance chief
IronRidge Resources announced the appointment of Amanda Harsas as its chief financial officer on Monday, with immediate effect.
Nostra Terra's Cypress investment reaches total depth
Texas-focussed oil and gas exploration and production company Nostra Terra announced on Monday that the Cypress farm-out well at its Pine Mills oil field in the east of the state has now reached total depth.
Pennon mulling bid for Southern Water - Times
Pennon is said to be mulling a potential bid for embattled rival Southern Water.