PureTech Health notes pricing of Seaport Therapeutics for Nasdaq IPO
(Alliance News) - PureTech Health PLC on Friday noted the pricing of its founded entity Seaport Therapeutics Inc for its planned initial public offering on the Nasdaq. Read More
(Alliance News) - PureTech Health PLC on Friday noted the pricing of its founded entity Seaport Therapeutics Inc for its planned initial public offering on the Nasdaq. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC's new board on Friday said its "top priority is maximising value for all shareholders" after Saba Capital Management LP succeeded in ousting the previous board, following a long stand-off. Read More
(Alliance News) - Banco Santander SA on Friday said its UK arm has completed the acquisition of TSB Group PLC from Spanish peer Banco de Sabadell SA, forming as a result the third largest bank in the UK by current account balances and fourth largest mortgage lender. Read More
(Alliance News) - Rotork PLC on Friday, ahead of its annual general meeting, reported first-quarter trading in line with management's expectations, as it backed its full-year guidance. Read More
(Alliance News) - Renewables Infrastructure Group Ltd on Friday posted a stable net asset value in its first quarter, and backed its full-year payout target, whilst flagging higher-than-anticipated inflation. Read More
(Alliance News) - UK net mortgage approvals unexpectedly increased in March, the Bank of England reported on Friday. Read More
(Alliance News) - UK manufacturing growth beat expectations in April, partly due to clients bringing forward purchases to mitigate expected price rises, data published by S&P Global showed Friday. Read More
(Alliance News) - Meridian Mining PLC on Friday began trading in London, raising GBP25.0 million through a retail offer and placing. Read More
(Alliance News) - Bank of Ireland Group PLC on Friday said its performance in the first quarter was in line with expectations, while it expects little change to its UK motor finance provision. Read More
Grafton Group PLC - Dublin-based building materials distributor - Completes acquisition of Spanish, family-owned Mercaluz group, consisting of Componentes Electricos Mercaluz SA, Mercaluz Hogar SLU, EAS Electric Smart Technology SLU and Mercaluz Canarias SLU. Back in March, Grafton noted the total consideration is up to EUR175 million but expected to total around EUR165 million on a cash and debt free basis. Mercaluz, based in Alicante province, distributes domestic and commercial air conditioning equipment to professional specialist mechanical engineer installers and holds European rights to the "fast-growing" brand Johnson. Grafton says the purchase reinforces its position in the "fast-growing" Iberian heating, ventilation and air conditioning market. Read More
International Personal Finance PLC - Leeds, England-based provider of unsecured consumer credit in nine countries including Poland and Mexico - Prices SEK950.0 million, about USD102.8 million, in senior unsecured floating rate notes due November 2028 at 100.75% of face value. They carry an interest rate of the Stockholm interbank offered rate plus 5.75 percentage points. The bonds are an add-on to IPF's existing SEK1.00 billion in 2028 notes that were issued back in November. They will be traded in Frankfurt or Dublin. "This funding will help us grow and continue expanding access to finance for consumers underserved by mainstream lenders," says IPF Chief Financial Officer Gary Thompson. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - AstraZeneca PLC on Friday said it had secured a recommendation for its cancer drug Truqap from US authorities, but failed to secure a majority in favour of its treatment camizestrant. Read More
(Alliance News) - Stock prices in London opened lower on Friday, as investors digested some corporate updates while several major European markets remained closed for the Labour Day holiday. Read More