UPDATE: Serica Energy says offer final after Pharos supports Ratio bid
(Alliance News) - Serica Energy PLC on Monday said its takeover offer for Pharos Energy PLC is final and won't be raised. Read More
(Alliance News) - Serica Energy PLC on Monday said its takeover offer for Pharos Energy PLC is final and won't be raised. Read More
(Alliance News) - Plus500 reports improved half-year earnings and sets out a buyback and increased dividend, Serica Energy has backed out of the rate to acquire Pharos Energy, while Nichols has unveiled a deal of its own. Read More
(Alliance News) - Andy Burnham will begin his summer cost-of-living tour on Monday pledging to provide "everyday fixes" for rising bills. Read More
(Alliance News) - Stocks in London are set to open lower on Monday, on worries over the Strait of Hormuz, as Iran ruled out an agreement to open the waterway unless the US meets its demand. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings of London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - JPMorgan European Growth & Income PLC on Friday said it had completed the acquisition of about GBP261 million of assets from European Opportunities Trust PLC following the approval of a scheme of reconstruction. Read More
(Alliance News) - M Winkworth PLC has launched legal proceedings against Non-Executive Chair Simon Agace, which City AM reported was over an alleged scheme by the latter and his wife to oust its board, including his son. Read More
(Alliance News) - Stocks ended a winning week on the front foot on Friday, while the pound pushed higher against the dollar after weak US jobs figures. Read More
PACSCo Ltd - cash shell previously focused on investment and sustainable development in Southern Africa - Receives the Bank of Mozambique's acceptance and approval of the assignment of the debt funding PACSCo previously provided to the local operating entities in Mozambique. This was the final condition for completing the disposal of PACSCo's Mozambique operations. Company is therefore now classified as a cash shell under AIM Rule 15. It intends to complete a reverse takeover transaction within the coming six months and says it is evaluating several opportunities, and will provide further updates "as and when appropriate." Read More
Vodafone Group PLC - Berkshire, England-based telecommunications provider - Vodacom Group Chief Executive Officer Shameel Joosub sells 745,000 Vodafone shares at 119.5 pence for GBP890,275 on Friday in London. Read More
(Alliance News) - Harworth Group PLC on Friday rejected an offer from a subsidiary of its largest shareholder, Peel Holdings Group Ltd, stating that it "fundamentally undervalues" the firm and its near and longer-term prospects. Read More
(Alliance News) - Dauch Corp on Friday upgraded the bottom end of some guidance as it announced a wider second quarter loss due to costs related to its acquisition of Dowlais. Read More
(Alliance News) - Gelion PLC on Friday announced a deal that is said was "another step on our journey through validation to commercial production." Read More
(Alliance News) - Sanderson Design Group PLC on Friday released an optimistic trading update, with its chief executive saying its performance "demonstrates the strength of our brands". Read More