News And Announcements
Ryanair threatens legal action against Hungary over 'unjustfied' fine
Low-cost airline Ryanair said it would take the Hungarian government to court after it was fined for passing an "unjustified" windfall tax onto customers.
Good Energy investment Zap-Map completes £9m series-A round
Renewable electricity supplier Good Energy announced on Monday that electric vehicle charging point mapping service Zap-Map has completed a £9m series-A fundraising, valuing Zap-Map at a £26. 3m post-money equity value.
WH Smith secures pension de-risking deal with Standard Life
WH Smith's pension fund on Monday said it had insured the benefits of all its pension members in a deal with Standard Life.
Solid State completes acquisition of LA-based Custom Power
Computing, power and communications value-added component supplier Solid State has completed the acquisition of Custom Power, it announced on Monday.
Anglo Asian Mining joins Libero Copper's private placement
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining has made a further investment in Libero Copper & Gold Corporation, it announced on Monday.
Tertiary Minerals sells Finnish royalties to Canada's Aurion
Tertiary Minerals has accepted a binding offer from Aurion Resources for the purchase of its royalty interests in the Kaaresselkä and Kiekerömaa gold projects in Finland, it announced on Monday.
Egdon, Union Jack confirm appeal to Lincolnshire council planning refusal
Egdon Resources and Union Jack Oil both told shareholders on Monday that an appeal against a refusal by the Lincolnshire County Council had been submitted.
Pfizer to buy Global Blood Therapeutics in $5.4bn deal
Pfizer has agreed to buy biopharmaceutical group Global Blood Therapeutics for $5. 4bn in cash.
Seed Innovations puts another £50k into South West Brands
Medical cannabis, health and wellness-focussed investor Seed Innovations has invested a further £50,000 in London-based wellness and beauty brand owner South West Brands (SWB), it announced on Monday.
Michael Lynch-Bell appointed as new Serabi Gold chair
Brazil-focussed miner and developer Serabi Gold announced the appointment of Michael Lynch-Bell as a non-executive director and its new chairman on Monday, with immediate effect.
R&Q reports strong premiums growth in first half
Non-life specialty insurance company R&Q reported gross written premiums of $807m in a first-half update on Monday, up 82% year-on-year.
Hutchmed upbeat on latest study results for colorectal cancer treatment
Hutchmed China announced on Monday that the “pivotal” global phase three trial evaluating the investigational use of ‘fruquintinib’ met its primary endpoint of overall survival in patients with advanced, refractory metastatic colorectal cancer (CRC).
PwC, partner sanctioned over audit of BT's 2017 accounts
PricewaterhouseCoopers and one of its partners have been issued sanctions worth an initial £2. 5m, it was announced on Monday, for the audit of BT Group’s 2017 financial statements.
Diversified Energy boosts dividend after record average production
Diversified Energy declared a second quarter interim dividend of 4. 25 US cents per share on Monday, up 6% year-on-year, after reaching a record average net daily production in the period.
Veolia to sell Suez UK waste business to Macquarie for €2.4bn
French utility Veolia has agreed to sell Suez’s UK waste business to Australia’s Macquarie for around €2. 4bn to address the concerns of the UK’s Competition and Markets Authority.
AstraZeneca gets US approval for breast cancer treatment
AstraZeneca’s breast cancer treatment candidate ‘Enhertu’, or trastuzumab deruxtecan, has been approved in the United States, it announced on Monday.
Joules confirms talks with Next over £15m minority stake
Joules confirmed on Monday that it is in talks with retailer Next about the acquisition of a £15m stake in the lifestyle brand.
TheWorks slashes FY23 outlook, shares tumble
TheWorks slashed its outlook for FY23 on Monday, pointing to a deteriorating market outlook, low consumer confidence and rising inflation, sending shares in the arts and crafts and stationery retailer tumbling.
PageGroup H1 profits grow but outlook cautious
PageGroup backed its full-year expectations on Monday as it posted a rise in first-half pre-tax profit and revenue, but also struck a note of caution in its outlook, sending shares in the recruiter sliding.
Oz Minerals rejects AUD8.3bn takeover offer from BHP
BHP said on Monday that it made an AUD8. 3bn takeover bid for Oz Minerals that was rejected.