SMALL-CAP WINNERS & LOSERS: Auction Technology rejects 11 buyout bids
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
Oakley Capital Investments Ltd - provider of exposure to the education, technology, consumer and business service sectors through investments in Oakley Capital funds - Says Oakley Capital Fund VI agrees to acquire a majority stake in Global Loan Agency Services Ltd, also referred to as GLAS, a provider of loan administration and bond trustee services in the non-bank loan agency & corporate trust market. Says OCI's indirect contribution via Fund VI is expected to be up to around GBP55 million. Oakley Capital invests alongside La Caisse, which takes a minority stake, while Levine Leichtman Capital Partners LLCP retains a small holding. GLAS, founded in 2011 and headquartered in London, oversees more than USD750 billion of assets and operates across Europe, the Americas, APAC and the Middle East. Says GLAS will continue to be led by Founder & Chief Executive Officer Mia Drennan, with Oakley supporting international expansion, acquisitions and further development of its technology and AI capabilities. Read More
(Alliance News) - Auction Technology Group PLC on Monday announced it unanimously rejected eleven unsolicited takeover proposals from FitzWalter Capital. Read More
Metlen Energy & Metals PLC - Athens-based aluminium producer and electricity generator - Kilteo Ltd, an entity closely associated with Chair & Chief Executive Officer Evangelos Mytilineos, buys 10,000 shares at EUR44.10 for EUR441,000 on Wednesday last week in Athens. Read More
Diageo PLC - London-based owner of Guinness and Johnnie Walker - Chief Commercial Officer Dayalan Nayager buys 28,960 shares at GBP16.04 each, for GBP464,518 in total, on Tuesday last week in London. Read More
Tesco PLC - Welwyn Garden City, England-based supermarket chain - Shares start trading on the OTCQX Best Market in New York on Monday. The stock market is owned by OTC Markets Group Inc, which operates markets trading 12,000 US and international securities. Tesco retains its primary listing in London, and the OTCQX listing gives US investors access. The trades via OTCQX will settle through the London Stock Exchange. OTC Markets notes that shares of UK blue-chips London Stock Exchange Group PLC, Aviva PLC, Compass Group PLC and Reckitt Benckiser Group PLC all trade on OTCQX. Read More
(Alliance News) - BridgePoint Group PLC has agreed to buy a majority stake in the former KPMG UK restructuring business Interpath, the Financial Times and Sky News reported on Monday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Stock prices in London opened higher on Monday, as mining and defence stocks were boosted by renewed uncertainty after the US move to oust Venezuela's leader Nicolas Maduro over the weekend. Read More
(Alliance News) - Balfour Beatty PLC on Monday announced plans for a GBP50 million share buyback alongside the completion of the sale of ten assets from its infrastructure investments portfolio. Read More
Senior PLC - Hertfordshire, England-based maker of components and systems for aerospace and defence, land vehicle, and power and energy customers - Completes sale of its Aerostructures business to Sullivan Street Partners on December 31. Says disposal marks a key step in its strategy to focus on becoming a global fluid conveyance and thermal management specialist. Confirms initial net proceeds will be used to reduce net debt and fund a GBP40 million share buyback programme, expected to start after the closed period ends with full-year results on March 2, 2026. Chief Executive David Squires says: "Senior is well positioned to deliver above-market growth, increasing margins, and enhanced returns on capital with strong operating cash flow generation. We remain confident in our ability to create sustainable long-term value for our shareholders as we execute against our strategy." Read More
(Alliance News) - Ryanair Holdings PLC and Wizz Air Holdings PLC on Monday both reported higher passenger traffic, with Wizz Air being rewarded for a big increase in capacity ahead of the year-end holidays as the budget carrier prepares for the summer 2026 season. Read More
(Alliance News) - GSK PLC on Monday said mepolizumab, sold under the brand name Nucala, has been approved in China for use in adults with chronic obstructive pulmonary disease. Read More
Barratt Redrow PLC - Leicestershire, England-based housebuilder - Starts the second GBP50 million tranche of its GBP100 million share buyback programme. UBS AG London Branch, part of UBS Group AG, will carry out the buybacks, which start on Monday and will be completed by June 26. All the repurchased shares will be cancelled, Barratt Redrow says. Read More
(Alliance News) - Balfour Beatty sells ten UK assets for GBP87 million, Wizz Air and Ryanair report growth in passenger numbers for December, while Auction Technology Group rejects 11 takeover proposals from FitzWalter Capital. Read More