News And Announcements
Smurfit Kappa to tap markets for 650m euros to capitalise on growth opportunities
Smurfit Kappa has decided to raise funds in order to accelerate its investments and capitalise on the trends towards e-commerce and sustainable packaging for products, having identified between €1. 2-1. 4bn of investment opportunities to boost the group's competitive advantage.
WANdisco secures contract with South African financial group
Data company WANdisco has won a contract with a South Africa-based financial services group, it announced on Thursday, to migrate and manage data from on-premise to Amazon Web Services (AWS).
NetScientific's ProAxsis appoints North American distributor
Life sciences, technology investment and commercialisation company NetScientific announced on Thursday that its portfolio company ProAxsis has appointed DiaPharma Group as the exclusive distributor of its portfolio of respiratory research assays for the key North America region.
Mirada announces integration of Disney+ into platform
Digital television and broadcasting software company Mirada announced the integration of the ‘Disney+’ streaming service into its Iris multiscreen product on Thursday, and its deployment across Televisa's ‘izzi’ subscription television platform.
Fresnillo appoints Tomas Iturriaga as COO
Fresnillo has appointed Tomás Iturriaga as its chief operating officer with immediate effect.
Immotion raises £1m to grow in-home offering
Virtual reality (VR) entertainment company Immotion Group announced a placing and a subscription of new shares to raise £1m on Thursday, to strengthen its balance sheet and provide funds to accelerate the growth of its in-home product ‘Let's Explore’.
Invinity signs two new vanadium flow battery deals
Vanadium flow battery (VFB) manufacturer Invinity Energy Systems has entered into a contract with GRID Alternatives, it announced on Thursday, to deliver a 0. 5 MWh VFB to a site in California.
Zephyr Energy begins remediation work at Paradox well
Rocky Mountains-focussed oil and gas company Zephyr Energy updated the market on its project in the Paradox Basin in Utah on Thursday, where it was preparing to spud the 'dual-use' State 16-2 well before the end of the year.
William Hill shareholders approve Caesars takeover
William Hill shareholders have voted resoundingly in favour of the company's £2. 9bn takeover by Caesars Entertainment.
Naked Wines first-half revenues surge as lockdowns boost demand
Naked Wines upgraded its full-year sales growth expectations on Thursday and reported an 80% jump in first-half revenues as wine orders were boosted by Covid-19 lockdowns.
CMA to probe Virgin-O2 merger
The Competition and Markets Authority will carry out a full investigation of the merger between Virgin Media and O2 after the European commission referred the deal to the UK.
Catalyst warns of difficult trading for SIS investment
Catalyst Media Group (CMG) updated the market on Sports Information Services on Thursday, in which it holds an interest of about 20. 54%.
Dekel acquires further interest in Tiebissou Cashew Project
West Africa-focussed agriculture company Dekel Agri-Vision has completed the acquisition of an additional 14. 2% interest in the large scale raw cashew nut processing project at Tiebissou, Côte d'Ivoire, it announced on Thursday.
Somero lifts expectations as momentum continues into second half
Concrete levelling technology company Somero updated the market on its trading on Thursday, reporting that as a result of positive trading momentum from the end of the first half continuing into the second half of 2020, it now expected to exceed its previous reinstated expectations for the year ending 31 December.
Headlam jumps after trading rebounds
Headlam shares jumped after the floorcoverings supplier said annual profit would be well above expectations following a rebound in trading.
Agronomics puts another $5m into seafood firm BlueNalu
Cellular agriculture-focussed investor Agronomics has completed a subscription for a $5m (£3. 8m) convertible promissory note (CPN) in existing investee company BlueNalu, it announced on Thursday.
Next 15 trades ahead of expectations in third quarter
Next 15 said on Thursday that trading over the third quarter of its financial year had continued to be “strong”, and ahead of management expectations.
One in seven UK companies risk collapse due to Covid-19 crisis - ONS
One in seven companies is at risk of collapsing in the next three months due to the struggles caused by the Covid-19 crisis, revealed the latest survey by the Office for National Statistics.
Frasers Group ups stake in Mulberry to 37%, mulls bid
Mike Ashley’s Frasers Group has upped its holding in luxury brand Mulberry to 37% and is considering a possible takeover, it confirmed on Thursday.
Halma revises FY guidance, lifts divi after strong start to second half
Safety equipment maker Halma revised its full-year profit forecasts and lifted its interim dividend as order intake in the second half rose year on year.