Company News
Firestone Diamonds loses some sparkle as production estimates cut
Miner Firestone Diamonds warned that although it began commercial production in the summer, output was expected to be lower than its previous estimate of 2m carats per year to a rate of 800,000.
Alliance Pharma to acquire anaesthetic gel from Smith and Nephew
Speciality pharmaceutical group Alliance Pharma has acquired the rights to Ametop from global medical technology business Smith & Nephew for a total consideration of $7. 5m.
SSP Group snaps up German rival Stockheim
SSP Group, the food and drink concession operator, has agreed to acquire part of German rival Stockheim for an undisclosed fee.
Victoria Oil and Gas expects test flows to begin at Cameroonian asset by mid-December
Fully integrated onshore gas producer Victoria Oil and Gas (VOG) has run liner and cemented its La-108 well in Cameroon with flow tests expected to follow by mid-December.
James Halstead chairman resigns after 55 years in position
Commercial flooring company James Halstead held its annual general meeting on Friday, at which the group's chairman, Geoffrey Halstead, stood down from his role while updating investors on the first five months of the year's trading.
Indivior shoots up after green light given for monthly opioid-addiction injection
Indivior has received approval from the US drug regulator to market its once-monthly injectable treatment for moderate to severe opioid use disorder, which analysts believe could lift company sales north of $1bn.
Shire appoints new chief scientific and medical officers
Specialty biopharmaceutical company Shire has appointed Andreas (Andy) Busch as executive vice president, head of research and development and chief scientific officer with effect from January 2018.
TLA Worldwide appoints Richard Shamsi as CFO
AIM-listed athlete representation and sports marketing business, TLA Worldwide, has appointed Richard Shamsi as group chief financial officer with effect from 2 January 2018.
Countryside Properties drops as Oaktree sells 15% stake
Housebuilder and regeneration partner Countryside Properties was under the cosh on Friday after private equity firm Oaktree Capital - its largest shareholder - sold a 15% stake in the group.
Redefine brand out as firm becomes RDI REIT
Redefine International marked a “significant event” in its history on Friday, as it changes its name rebranded to RDI REIT - an acronym for Real Estate Diversified Income REIT.
Barclays completes Africa sale process
Barclays has transferred shares of Barclays Africa Group Limited shares to complete a sale agreed in June and confirm its 14. 9% stake in its former subsidiary.