(Alliance News) - ACG Metals Ltd on Thursday said it does not plan to make an offer for fellow London-listing Anglo Asian Mining PLC, seeing little opportunity for "value creation" from a deal. Read More
(Alliance News) - Avon Technologies PLC on Thursday said it had received a new order for FM50 respirators and FM61EU filters from an undisclosed European defence ministry. Read More
Zegona Communications PLC - London-based investor in European telecommunications and media - Provides details of its plan to pay a EUR1.4 billion special dividend to return most of the EUR1.8 billion in proceeds from the completion of Vodafone Spain's fibre joint venture with MasOrange, partly owned by France's Orange SA, and with Singapore state investor GIC. The special dividend equates to EUR1.8632 per share. It will be paid on January 7 with an ex-dividend date of December 18. The dividend payment will settle EUR975 million in Vodafone financing in full, with the remainder going to Zegona shareholders. This will allow Zegona to cancel 523 million Zegona shares, reducing its share total by 69% to 236 million from 759 million. Zegona also plans a EUR200 million share buyback, starting in January. Read More
(Alliance News) - Stock prices in London were higher near midday on Thursday, although the Federal Reserve's rate cut did not spark a substantial rally in the US or Europe. Read More
Workspace Group PLC - London-based flexible workspace provider - Exchanges on disposal of two 'lower-conviction' London properties for a total of GBP11.8 million, in line with their September valuation and at a net initial yield of 5.7%. The buildings being sold are Peer House, a 10,000 square foot office near Gray's Inn Road in Holborn, central London, and Blocks A and B of Parkhall Business Centre in Dulwich, south London. This comprises 23,000 square feet of light industrial and office space. Read More
(Alliance News) - IBM and Pearson PLC on Thursday announced a global partnership to build new personalised learning products powered by AI for businesses, public organisations, and educational institutions. Read More
(Alliance News) - Connecting Excellence Group PLC made its market debut on Thursday after raising GBP3.3 million in an oversubscribed initial public offering on the Aquis Growth Market. Read More
(Alliance News) - Heathrow on Thursday said it has hired Philip Jansen to be the next chair of Heathrow Airport Holdings Ltd, with the former chief executive of telecommunications provider BT Group PLC taking over from the start of January. 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) - Smiths Group PLC on Thursday said it signed a binding agreement to sell its connectivity products and solutions business to Molex Electronic Technologies Holdings LLC, at an enterprise value of GBP1.3 billion. Read More
(Alliance News) - Annual consumer price inflation in Ireland accelerated in November, although the EU harmonised rate sped up by less than anticipated, date from the Central Statistics Office showed on Thursday. Read More
(Alliance News) - Power Probe PLC on Thursday started trading on London's AIM market, hailing a "new chapter" which it hopes will aid its growth plans, including the opening of a new US manufacturing facility. Read More