Anglo Asian Mining rises on potential ACG Metals takeover bid
(Alliance News) - Anglo Asian Mining PLC shares jumped on Thursday after ACG Metals Ltd lsaid it is "considering making an offer" for the Azerbaijan-focused firm. Read More
(Alliance News) - Anglo Asian Mining PLC shares jumped on Thursday after ACG Metals Ltd lsaid it is "considering making an offer" for the Azerbaijan-focused firm. Read More
Tate & Lyle PLC - London-based provider of ingredients to food and beverage producers - Non-Executive Director Claudia Vaz de Lestapis, together with Alexandre de Lestapis, sells 5,000 American depositary receipts at USD19.80, worth USD99,000, on Wednesday in the US. Each ADR represents four ordinary shares. The pair no longer have any ADRs or shares but intend to repurchase ADRs early in 2026, Tate & Lyle says. Read More
(Alliance News) - Macfarlane Group PLC on Thursday said operations at its Pitreavie business are recovering as it reiterated recently reduced profit guidance. Read More
(Alliance News) - Revolution Beauty Group PLC on Thursday reported a widening loss, which it attributed to previous management, as it pressed forward with a turnaround plan under its founders' return. Read More
Canal+ SA - Paris-based media and telecommunications conglomerate - Increases size of bond offering first announced last week to EUR700 million from EUR500 million. The senior unsecured notes due 2030 will carry an annual coupon of 4.625%. Canal+ says the offering was increased in response to oversubscription, noting the orderbook reached EUR4.7 billion. The money will be used for general corporate purposes, including to pay off part of the EUR1.46 billion outstanding on a bridge lending facility put in place to complete the acquisition last month of Johannesburg-based entertainment company MultiChoice Group Ltd. Read More
Power Probe PLC - London-based electrical diagnostic tool company - Intends to launch an initial public offering on AIM in mid-December. Power Probe, which mainly operates in the US with its principal trading address in Charlotte, North Carolina, is "a leading producer of automotive electrical diagnostic tools for professional service technicians". Says its product suite is compatible with all major vehicle engine types and manufacturers, and usable in all types of commercial and passenger road vehicles. Believes it "is well positioned to benefit from a number of positive, long-term tailwinds in this market", like increases in vehicles' complexity and average ages. Read More
(Alliance News) - UK Prime Minister Keir Starmer has said that the budget "asked everybody to make a contribution" in order to protect public services and help people struggling with the cost of living. Read More
(Alliance News) - Serica Energy PLC on Thursday called the UK government budget a "missed opportunity" for investment in North Sea energy, as it reported lower average production in the year to date. Read More
(Alliance News) - James Latham PLC on Thursday reported a drop in half-year profit, despite rising sales, as volume growth in a lower margin division pegged back earnings. Read More
(Alliance News) - Stock prices in Europe were mixed on Thursday, with a US holiday removing some impetus from markets as the week draws to a close. Read More
HSBC Holdings PLC - London-based bank focused on Asia - HSBC receives a series of consents from the Hong Kong government required to complete its proposed acquisition of the remainder of subsidiary Hang Seng Bank Ltd. Back in October, HSBC offered to buy out minority shareholders in the Hong Kong-listed lender. HSBC offered HKD155, around USD19.92, per share for the 37% of Hang Seng Bank it does not already own. The offer values Hang Seng Bank at HKD290.31 billion, and HSBC's holding at HKD106.16 billion, or USD13.62 billion. Hang Seng Bank shares closed at HKD152.00 on Thursday. The consents relate to dealings in structured products, agency securities lending, market-making in Hang Seng Bank shares, management of passive index-tracking funds, and dealings as executor and discretionary trustee of a deceased's estate. HSBC separately says the scheme document for the acquisition will be issued by December 17. Read More
(Alliance News) - Global banking firm JPMorgan Chase & Co has unveiled plans to build a new tower in London's Canary Wharf in an estimated GBP10 billion boost to the City. Read More
(Alliance News) - Partners Group Private Equity Ltd on Thursday announced the sale of Convex Group, a specialty property and casualty insurer. Read More
(Alliance News) - Team PLC on Thursday announced it will buy WH Ireland Group PLC, expected to become effective in the first quarter of 2026. Read More
Capita PLC - London-based outsourcing company - Says it has secured a three-year contract extension worth GBP33 million with a leading UK financial services provider. Commencing in January 2026, Capita will provide contact centre services under the agreement. Read More