(Alliance News) - Savannah Energy PLC on Friday said subsidiary Savannah Energy EA Ltd has agreed to buy a 50.1% stake in Klinchenberg BV for a total of up to USD65.4 million. Read More
(Alliance News) - Stock prices in London closed mixed on Friday, following a week of interest rate decisions that mostly went as expected, and after a much-anticipated phone conversation between US President Donald Trump and China's President Xi Jinping. Read More
Hammerson PLC - London-based real estate investment trust focused on city-centre shopping centres in the UK and elsewhere - General Counsel & Company Secretary Alex Dunn on Thursday disposes of 29,500 shares at 289.00 pence each, worth GBP85,255. Read More
(Alliance News) - Middlefield Canadian Income PCC on Friday reported rising dividends, alongside an increased net asset value at the end of its first half year. Read More
(Alliance News) - NatWest Group PLC is looking to sell Cushon, the workplace pensions provider it bought two years ago, Sky News reported on Friday. Read More
(Alliance News) - Time Out Group PLC on Friday said it is opening its twelfth food and cultural market in Budapest on Saturday. Read More
Block Energy PLC - Georgia-focused oil and gas company - Announces spud of KRT-39ST. The well is being drilled as a pilot of the new 'slim hole' technology, which sees it being drilled and completed for around 40% of the cost of the block's previous 'conventional' sidetracks. "Should the pilot be successful, the technology has scope for application on both project I and project II," Block Energy says. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced last week and not separately reported by Alliance News: Read More
Nostrum Oil & Gas PLC - oil and gas exploration and production company which operates in Kazakhstan - Subsidiary Nostrum Oil & Gas BV enters service agreement with Yelena Zhuravleva, who joins the Nostrum Oil & Gas as chief financial officer on Friday this week. Zhuravleva replaces Petro Mychalki who stepped down as finance chief on Tuesday this week. Read More
Wellnex Life Ltd - Melbourne-based consumer healthcare company - Enters additional loan facility through Reach Wholesale worth up to AUD2.5 million, about USD1.6 million, and secured over the assets of its key subsidiaries. Notes its 24-month term and interest rate of 14%. Says coupon and key terms match those from the loan facility announced on July 31. Adds that the new facility provides "maximum flexibility" to enable continued growth. Says USD1.3 million will be drawn immediately for settling long-term obligations and for working capital purposes. Expects to draw down a further AUD365,000 shortly thereafter. Notes the balance of AUD825,000 requires prior approval of Reach in their discretion. Read More
(Alliance News) - The UK Competition & Markets Authority on Friday said it has launched an investigation into the proposed acquisition of Total System Services LLC by Fidelity National Information Services Inc. Read More
(Alliance News) - Equipmake Holdings PLC on Friday said it has received on order worth GBP5.5 million from Brazilian vehicle manufacturer, Agrale SA, lifting its live order book above GBP10 million. Read More