Company News
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.
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.
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.
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.
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.
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.
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.
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.