The chief executive of a lending company has settled his claim in a London court that a former business partner forced him to hand over shares in the company by inventing a fraud allegation.
The chief executive of a lending company has settled his claim in a London court that a former business partner forced him to hand over shares in the company by inventing a fraud allegation.
Customized electronics maker DiscoverIE Group PLC said Thursday that it has agreed to acquire Trival Antene, an antenna maker in Slovenia, for as much as approximately €52.7 million ($61.4 million).
Vodafone said Thursday that its African subsidiary Vodacom has agreed to acquire a 20% stake in Kenyan telecoms operator Safaricom PLC for approximately €1.81 billion ($2.1 billion), increasing its ownership to 55%.
Power Probe, a U.S.-based maker of automotive electrical diagnostic tools, said Thursday it plans to list on London's junior Alternative Investment Market, allowing it to expand production capacity and accelerate product development.
Mining company 80 Mile PLC said Thursday that it has raised £2 million ($2.7 million) in equity for the development of its subsidiary Hydrogen Valley Ltd.
The European Commission unveiled a package of financial market reforms on Thursday, aimed at dismantling long-standing barriers to trade and creating a streamlined single capital market within the bloc of 27 nations.
