Company News
Kazakh lender Kaspi.kz dusts off plans for London IPO
Kaspi. kz is planning to float in the UK more than a decade after the Great Financial Crisis scuppered its previous attempt to list on the London Stock Exchange.
Bonhill Group agrees sale of GCI brand
Business-to-business media company Bonhill Group has agreed the sale of the GCI brand, website and subscriber base to its editor, David Thornton, for an undisclosed sum, it announced on Friday.
Arkle announces positive soil sampling results from Inishowen
Arkle Resources announced positive results from soil sampling at its wholly-owned Inishowen gold project in County Donegal, Ireland on Friday, adding that a programme to identify drill targets would begin immediately.
Revolution blames Covid restrictions as it says it could close bars
Revolution Bars said on Friday that it is considering closing some of its bars due to the coronavirus pandemic and the 10pm curfew announced by the government earlier this week.
Red Rock upbeat on progress at Jupiter and Australasia investments
Natural resource development company Red Rock Resources updated the market on its investments in Jupiter Mines and Red Rock Australasia on Friday, reporting that mining at Jupiter’s Tshipi open-cast manganese mine in the South Kalahari Basin was behind plan, although production and exports remained on track.
S&P takes Easyjet of CreditWatch, reaffirms long-term debt at BBB- with 'negative' outlook
Analysts at Standard&Poor's reaffirmed their rating on Easyjet's long-term debt, removing it from CreditWatch, but cautioned that the budget airline's risk metrics would remain under "considerable pressure" over the next few quarters due to the heightened uncertainty around the pandemic and economic recession.
Apollo and Ceasars Entertainment table rival cash bids for William Hill
US private equity outfit Apollo Global Management and Caesars Entertainment have tabled rival cash takeover offers for bookmaker William Hill.
Warren Buffett-insipired small-cap trust to launch IPO
An investment trust claiming to follow the principles of Warren Buffett is seeking to raise at least £100m in an initial public offering by listing on the London Stock Exchange.
International arbitration panel rules in favour of Vodafone in Indian tax case
An international arbitration tribunal in The Hague has handed down a sentence in favour of Vodafone in its $2bn tax claim dispute with New Delhi.
MasMovil says not in talks with Vodafone - report
Spain’s MasMovil said on Friday that it had not been approached by Vodafone following a report the London-listed telephone operator had begun talks with the three buyout funds that recently took it over.
Novavax agrees manufacturing deal with Endo for Covid vaccine
Novavax has signed an agreement for Endo International to manufacture its experimental Covid-19 vaccine, which is currently in multiple phase 2 clinical trials.
Next boss Wolfson predicts large-scale retail job losses
Next boss Simon Wolfson said many thousands of retail jobs would not survive the long-term effects of the Covid-19 crisis, the BBC reported.
Tesco limits purchases as Covid-19 concerns mount
Tesco has joined Morrisons in restricting purchases of toilet roll and other staples as shoppers show signs of bulk buying after the government introduced new limits to stem a surge in Covid-19 infections.
Keras Resources makes 'constructive' progress in Togo
Mineral resource company Keras Resources announced on Friday that a number of “constructive meetings” had been conducted in Togo.
Agronomics joins funding round for Dutch cultivated meat firm
Agronomics announced on Friday that it has participated in Mosa Meat’s series B financing, led by Blue Horizon Ventures, raising $55m in a first close of a larger series B financing round.
Boohoo supply chain has 'endemic' failings, review finds
Boohoo said it would overhaul its purchasing, governance and supply chain after an independent review found "endemic" failings at factories making the fast-fashion company's products in Leicester.
Mothercare full-year losses narrow
Beleaguered mother and child retailer Mothercare reported a decline in full-year revenue on Friday but a narrowing of its losses as it said it was looking forward to a "brighter and stable future".
Shaftesbury scraps dividend as almost half of rents waived or due
West End landlord Shaftesbury scrapped its final dividend as it said almost half of rents due for the second half had been waived or were still due amid the Covid-19 crisis.
Bahamas Petroleum confirms restart of Covid-postponed drilling
Caribbean and Atlantic margin-focussed oil and gas company Bahamas Petroleum has been notified by Stena Drilling that the ‘Stena IceMAX’ was the intended drill rig for the upcoming ‘Perseverance 1’ drilling campaign.
Digitalbox secures five-year £0.45m CBILS loan
Digital media company Digitalbox announced on Friday that, in a bid to strengthen its balance sheet and assist liquidity, it has secured a £0. 45m five-year term loan facility under the British Business Bank's Coronavirus Business Interruption Loans Scheme (CBILS), from its bankers NatWest.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.