Metals investor Cobalt Holdings PLC has said that it will not go ahead with its $230 million flotation — a blow to the London market, which is attempting to maintain its allure amid volatility caused by U.S. tariffs.
Metals investor Cobalt Holdings PLC has said that it will not go ahead with its $230 million flotation — a blow to the London market, which is attempting to maintain its allure amid volatility caused by U.S. tariffs.
Payments company Wise PLC said on Thursday it is planning to move its main listing from London to the U.S., becoming the latest British company to shift its main funding focus across the Atlantic.
Facilities service provider Mitie said Thursday it has agreed to acquire Marlowe, a regulatory compliance firm, in a cash-and-stock deal worth approximately £366 million ($497 million).
Student accommodation developer Unite Students said Thursday that it has agreed to sell nine properties in the U.K. for £212 million ($288 million) to an affiliate of Texas private equity shop Lone Star Funds.
Jubilee Metals Group PLC, a U.K. mining company, said Thursday it has been handed a conditional binding offer by a rival for most of its chrome and platinum group operations in South Africa, in a deal worth up to $90 million.
A court in Jersey has given its nod to the owner of the Bermuda Stock Exchange for the takeover of The International Stock Exchange Group in a deal worth approximately £70.4 million ($96 million), the companies said Thursday.
A web design and online marketing services business said Thursday that it has successfully raised approximately £13.4 million ($18.2 million) by issuing stock amid a high level of demand from new and existing shareholders.
