Swedish pharmaceutical company Egetis Therapeutics AB said on Wednesday that it has ended discussions for a potential sale with unnamed "external parties" after concluding that the proposed offer was not financially favorable in the longer term.
Oil and gas exploration company Egdon Resources PLC said Wednesday that it has agreed to be acquired by an affiliate of energy business Heyco in a deal worth around £27 million ($34 million) guided by Fieldfisher, Norton Rose Fulbright and DWF.
Pearson PLC plans to buy back £300 million ($375 million) of its shares to allow it to distribute excess cash to shareholders, the publishing house said Friday as it announced financial results for the first three months of the year.
France-based battery maker Forsee Power said Wednesday that it is issuing news shares to help raise at least €50 million ($55.4 million) from the public and its shareholders to be able to "reach a new phase in its history" as it reported a 104% year-on-year increase in its sales in the first three months.
The Irish government said on Tuesday that it has sold up to €215 million ($237 million) of its shares in Allied Irish Banks by participating in the lender's latest share buyback program, in a transaction guided by William Fry LLP.