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Babcock (BAB) Share News

Babcock sells aerial emergency services businesses for GBP115 million

19th Jul 2022 09:33

Babcock International Group PLC on Tuesday said it entered an agreement with funds managed by Ancala Partners LLP to sell some of its aerial emergency services businesses for EUR136.2 million, or GBP115 million. Read More

IN BRIEF: CMA requires CHC to unwind Babcock helicopter acquisition

1st Jun 2022 17:56

Babcock International Group PLC - London-based aerospace, defence and nuclear engineering services company - Concluding its investigation, the UK Competition & Markets Authority decides that Canadian helicopter group CHC Group LLC must unwind its acquisition of Babcock's oil and gas offshore helicopter services. Read More

Thieves steal 'GBP250,000' of Babcock's diesel from Royal Navy base

7th Apr 2022 09:35

(Alliance News) - An investigation is underway after thieves stole a huge volume of diesel from a high-security naval base. Read More

CHC disputes UK watchdog findings in Babcock merger inquiry

6th Apr 2022 10:51

(Alliance News) - In the latest update on Wednesday to the UK competition regulator's investigation into Babcock International Group PLC's sale of its offshore helicopter business, CHC Group LLC has disputed the body's preliminary findings. Read More

IN BRIEF: Chemring Chair Forster also becomes Vesuvius chair

6th Apr 2022 08:36

Vesuvius PLC - London-based molten metal flow engineering - and Chemring Ltd - Romsey, Hampshire-based technology supplier to the aerospace and defence industry - Both announce Chemring Chair Carl-Peter Forster will become chair of Vesuvius on December 1, after joining its board on November 1. Current Vesuvius Chair John McDonough steps down from the board on December 1. Read More

PRESS: Babcock in discussions for disposal of aviation services unit

29th Mar 2022 19:41

(Alliance News) - Babcock International Group PLC is in discussions to sell off the bulk of its emergency aviation services division to London-based infrastructure investor Ancala Partners, Sky News reported Tuesday. Read More

LONDON BROKER RATINGS: HSBC takes positive stance on blue-chip miners

18th Mar 2022 09:37

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More

UK competition regulator has concerns over Babcock helicopter sale

17th Mar 2022 12:54

(Alliance News) - The UK competition regulator on Thursday said CHC Group LLC's purchase of Babcock International Group PLC's oil and gas offshore helicopter transportation services business raises competition concerns. Read More

IN BRIEF: Babcock completes buyout of Australian ship joint venture

14th Mar 2022 10:42

Babcock International Group PLC - London-based aerospace, defence and nuclear engineering services company - Completes AUD60 million, around GBP32 million, buyout of joint-venture partner UGL Infrastructure Ltd's 50% stake in Australian Naval Ship Management company. The JV, established in 2021, is a strategic maritime sustainment partnership with Australia, and now wholly-owned by Babcock. It brought in AUD254 million in revenue in the last year ended March 31. Read More

LONDON BROKER RATINGS: JPMorgan cuts Polymetal; Panmure raises Melrose

4th Mar 2022 09:42

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday afternoon: Read More

EXECUTIVE CHANGES: Pressure Technologies recruits Scotia Gas chair

28th Feb 2022 14:58

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News: Read More

LONDON MARKET MIDDAY: Stocks slide as Russia and Ukraine set for talks

28th Feb 2022 12:18

(Alliance News) - Stock prices in London were lower at midday on Monday as investors fret about the implications of strict sanctions on Russia after its invasion of Ukraine, even as the two sides started negotiations. Read More

LONDON MARKET OPEN: Defence names up as Germany to strengthen military

28th Feb 2022 09:02

(Alliance News) - Stock prices in London opened sharply lower on Monday as world powers imposed the harshest sanctions ever on Russia for its invasion of Ukraine, while President Vladimir Putin put nuclear forces on a higher alert. Read More

IN BRIEF: Babcock on track to meet full year expectations

25th Feb 2022 11:03

Babcock International Group PLC - London-based aerospace, defence and nuclear engineering services company - Says trading in line with expectations in the first ten months of its financial year ending March 31. Its outlook for the year is unchanged. Says results will be weighed in the fourth quarter. Read More

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