LONDON A domestic consortium set up by Royal Dutch Shell and pension fund manager PGGM has taken a bigger lead in the race for Dutch energy company Eneco as two other contenders have dropped out, sources close to the matter said.
LONDON, June 24 A domestic consortium set up by Royal Dutch Shell and pension fund manager PGGM has taken a bigger lead in the race for Dutch energy company Eneco as two other contenders have dropped out, sources close to the matter said.
LONDON Britain's Trainline bucked a trend of lacklustre European initial public offerings (IPOs) on Friday, as the rail ticketing group's shares jumped as much as 23% on its London market debut.
LONDON West Africa-focused junior gold miner Toro Gold has hired boutique investment bank Raymond James to explore putting itself up for sale after shelving plans to list its shares in London, two sources with knowledge of the matter said.
LONDON Steelmakers and private equity firms are only working on proposals for parts of collapsed British Steel ahead of a June deadline for binding bids, sources close to the process said.
LONDON, June 5 Steelmakers and private equity are working on proposals for only parts of the collapsed British Steel pending a June 12 deadline for binding bids, sources close to the process said.
LONDON Shares in payments and foreign exchange company Finablr fell almost 8% below its listing price in its London market debut on Wednesday, in a sign that investors may have had their fill of fintech flotations in skittish global markets.
LONDON A tie-up between London and Shanghai to allow Chinese firms to raise money on the UK stock market and British firms to sell shares in China is facing a long delay and is not likely to happen this year, sources close to the matter said.
LONDON/NEW YORK Barrick Gold Corp, the world's second largest bullion miner, is preparing its Zambian copper mine Lumwana for sale in the second half of 2019, looking to target Chinese buyers, three sources with knowledge of the matter said.
U.S. President Donald Trump threatened on Tuesday to obliterate parts of Iran if it attacked "anything American," in a new war of words with Iran which condemned fresh U.S. sanctions on Tehran as "mentally retarded."