Company News
29 Dec
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Provexis interim revenues flat but losses widen

Provexis, the developer of a food additive to improve heart health, reported a larger loss for the first half of its financial year.

29 Dec
Hua Hin, Thailand by Prince Roy (Flickr)
Metal Tiger elaborates on Thai plans for Kingsgate

London-listed Metal Tiger said it has begun talks with the Thai government and potential new backers as it continued its dispute with Australian gold miner Kingsgate Consolidated ahead of a shareholder meeting in Sydney on 9 January.

29 Dec
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UK M&A market remain stable in 2017 as domestic deals mushroom

UK mergers and acquisitions shrank slightly in 2017, though the number of domestic deals rose to a nine-year high with a total value that almost doubled year-on-year to £51bn as companies prepared for the post-Brexit unknown.

29 Dec
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Balfour Beatty cuts debt by selling another stake in M25 operator

Balfour Beatty said it will pay down debt and its full year results will be higher than recently guided after it sold off another chunk of its stake in Connect Plus, the company which operates the M25 orbital motorway.

29 Dec
retail high street leeds winter christmas
UK high streets enjoy bumper Christmas week as crucial updates eyed

Shopping in the week before Christmas was better for high street retailers than in the same period last year, according to data released on Friday.

29 Dec
glencore
Glencore sells 51% of petroleum storage, logistics business

Glencore has completed the sale of a 51% stake of its petroleum products storage and logistics business for $579m cash, rising to $775m later in the new year once certain assets have been transferred into the new operating company.

29 Dec
Windar Photonics chairman steps down, announces new order

AIM-listed technology group Windar Photonics said on Friday that John P. Weston has stepped down from the position of chairman with immediate effect, as it announced that it has received an order for 5 WindVision LiDAR systems from an existing Chinese distribution partner for delivery as soon as possible.

29 Dec
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Wizz Air finalises Airbus order

Low-cost airline Wizz Air has completed and signed documentation with Airbus which, amongst other things, provides for the purchase of 146 Airbus A320neo Family aircraft.