Market news


CIP Merchant Capital acquires 3.72% stake in Ixico for £1.2m

Investment management company CIP Merchant Capital said it had invested £1.2 million in analytics company Ixico, acquiring a 3.72% stake in the company.

The...

Mon, 12/04/2021 - 08:01


LondonMetric Property sells five assets for combined £38.5m

Real estate company said it had sold five assets for a combined consideration of £38.5 million, netting the company about £28.0 million.

Two retail assets...

Mon, 12/04/2021 - 07:54


AstraZeneca's Farxiga fails to meet primary goal as potential Covid-19 treatment

Pharmaceutical maker AstraZeneca and Saint Luke's Mid America Heart Institute said high-level results from the a phase 3 trial assessing the potential of Farxiga (dapagliflozin)...

Mon, 12/04/2021 - 07:49


Surface Transforms books annual loss; eyes profitability in 2022

Brake-disc manufacturer Surface Transforms booked a full-year loss after spending on research & development offset a broadly flat revenue performance.

The company said it was...

Mon, 12/04/2021 - 07:47


Hammerson confirms talks over possible sale of retail parks portfolio to Brookfield

Shopping centre owner Hammerson confirmed press rumours that it was in talks on terms of a possible sale of its retail parks portfolio to Brookfield....

Mon, 12/04/2021 - 07:45


Imperial Brands announces earlier start date for CFO Lukas Paravicini

Tobacco giant Imperial Brands said Lukas Paravicini would be joining the board as chief financial officer earlier than expected on 19 May 2021.

Paravicini was...

Mon, 12/04/2021 - 07:37


BHP's Samarco files judicial review for bankruptcy protection

Mining giant BHP said its joint venture Samarco Mineracao had filed for judicial review for bankruptcy protection after failing to agree terms on a debt...

Mon, 12/04/2021 - 07:33


Vitec Group acquires Lightstream and Quasar for a combined $42m

Broadcast market equipment supplier The Vitec Group said it had acquired two separate companies, Lightstream and Quasar, for up to $42 million (£30.4 million).

Lightstream,...

Mon, 12/04/2021 - 07:32


ECR Minerals to raise £2m via equity placing to fund expansion of drilling campaign

Gold exploration and development ECR Minerals announced plans to raise £2 million through a equity placing at 2.2 pence shares to fund the ramp-up of...

Fri, 09/04/2021 - 10:02


Coats wraps up $360m bank refinancing deal

Industrial thread manufacturer Coats said it had completed a $360m ESG-linked bank refinancing.

The three year facility, with the ability for two one-year extensions, has...

Fri, 09/04/2021 - 09:40


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