(Alliance News) - All eyes will be on the pound when traders in Europe return to desks on Monday, after the UK currency fell to an all-time low during the Asian session. Read More
Iomart Group PLC - Glasgow, Scotland-based managed services and cloud computing firm - Names Lucy Dimes as non-executive chair, with effect the end of firm's annual general meeting next week Tuesday. Incumbent Ian Steele has previously announced he will not stand for re-election. "Lucy is an accomplished business leader having operated in senior executive positions in FTSE 100, FTSE 250 and private equity owned companies spanning telecoms, technology, business services and financial services. Lucy has substantial experience in complex, highly regulated international markets in product innovation, market entry, scaling for growth and expansion," Iomart says. Dimes also sits on board of Babcock International Group PLC as a non-executive. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - Babcock International Group PLC on Thursday said it swung to an annual profit as its contract backlog grew, citing governments prioritising defence and national security in the wake of Russia's invasion of Ukraine. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
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
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
(Alliance News) - An investigation is underway after thieves stole a huge volume of diesel from a high-security naval base. Read More
(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
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
(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
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(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
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
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday afternoon: Read More
(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