Market news

Carador Income Fund to return about $20.5m to shareholders via compulsory stock buyback

The Carador Income Fund said it would return about US$20.5m to shareholders by way of a compulsory partial redemption its shares.

The company would...

Tue, 23/04/2019 - 09:50

Hipgnosis Songs Fund acquires Starrah music catalogue

Hipgnosis Songs Fund said it had acquired a music catalogue from US singer Brittany Hazzard, also known as Starrah, for an undisclosed sum.

The American...

Tue, 23/04/2019 - 09:50

Diversified Gas & Oil completes acquisition of gas assets from HG Energy II

Diversified Gas & Oil completed its acquisition of certain gas producing assets from HG Energy II Appalachia for approximately $400m in cash.

The acquisition of...

Tue, 23/04/2019 - 09:46

Active Energy awarded $0.5m grant for its new manufacturing site in US

Active Energy was awarded a US$0.5m building re-use and renovation grant for its new manufacturing site in Lumberton, Robeson County, North Carolina.

The grant was...

Tue, 23/04/2019 - 09:39

Tern portfolio company Device Authority forms pact with Wipro

Internet of Things investor Tern said portfolio company Device Authority had formed a strategic partnership and joint customer collaboration with technology group Wipro.

The pair...

Tue, 23/04/2019 - 09:33

AFI Development agrees to sell building 3 at Aquamarine III Business Centre in Moscow for RUR4.45bn

AFI Development agreed to sell building 3 at the completed Aquamarine III Business Centre in Moscow to a Russian bank for RUR4.45bn.

The transaction...

Tue, 23/04/2019 - 09:25

Inland Homes to receive £13.3m from sale of site West Cliff Road

Housebuilder Inland Homes said it had met the conditions of the sale of its site at West Cliff Road and would receive £13.3m following the...

Tue, 23/04/2019 - 09:19

Thomas Cook shares jump 14% on media report of takeover interest

Shares in Thomas Cook jumped on Tuesday after a media report said potential takeover bidders were circling the travel company.

Sky News reported over the...

Tue, 23/04/2019 - 08:59

Seeing Machines raises £31.6m from share issue

Computer vision technology company Seeing Machines said it had raised £31.6m from a placing and open offer of new shares in the company.

All resolutions...

Tue, 23/04/2019 - 08:53

Bezant agrees to invest up to $0.2m in copper-gold exploration mine for option of 50% stake

Bezant, the copper-gold exploration and development company, entered into a memorandum of agreement with KPZ International granting the company a conditional option to acquire a...

Tue, 23/04/2019 - 08:36