BP boss defends oil and gas spending and calls for ‘orderly’ green transition amid protests February 28, 2023 BP boss Bernard Looney has called for an "orderly" transition to the renewable energy, defending the company's oil and spending.
Microchip maker Imagination on the verge of London listing after board reshuffle December 19, 2021 Chinese-owned Imagination Technologies gets one step closer to its London listing dream as a board reshuffle stifles concerns.
Shares plunge as US private equity titan backs out of Darktrace takeover September 8, 2022 UK tech darling Darktrace posted revenue and customer growth and pushed back against reports that it was in takeover talks with US private equity giant Thoma Bravo.
Ted Baker: Fashion retailer receives ‘a number’ of bids from suitors as sale hots up April 27, 2022 Ted Baker confirmed it has been the recipient of a number of bids from suitors hoping to snap up the high street fashion retailer. The clothes seller entered into a formal sales process earlier this month, after being wooed several times by US private equity firm Sycamore. It had previously revealed it had been approached [...]
AIM dominates European growth markets contributing half of 2021 funding February 21, 2022 The UK's Alternative Investments Marketplace (AIM) dominated junior European markets in 2021, accounting for half of all fundraising.
Russia’s Gazprombank requests $288m repayment from gold producer Petropavlovsk April 20, 2022 Russian gold producer Petropavlovsk has received a request from Gazprombank for an immediate repayment of $288.1m. Gazprombank, which has been heavily sanctioned by the UK government amid the war in Ukraine, has demanded repayment of some $201m for a term loan. The company has also requested repayment of approximately $87.1m, due under the group’s Russian [...]
Medical tech firm Sensyne set to axe 80 staff in scramble to stay afloat April 26, 2022 London-listed medical tech firm Sensyne is set to axe two thirds of its workforce after being rescued from the brink of collapse earlier this month.
Exclusive: LSE signs partnership with investing platform The Growth Stage October 27, 2021 The London Stock Exchange has signed a partnership deal with investing platform The Growth Stage which will bring together private and institutional investors and high-growth, scaling firms. The Growth Stage operates behind a paywall and offers investors the chance to screen growing firms for opportunities, whilst being given clear transparent detail on when firms are [...]
Kistos and Serica walk away from proposed mega-merger August 9, 2022 Both companies have ruled out a final bid for the other, bringing an end to a series of bids between both parties since May.
Putin stamps out foreign listings for Russian firms April 19, 2022 Russia is set to stamp out foreign listings for homegrown firms as Putin looks to close ranks in the wake of the invasion of Ukraine.