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Investegate |Esken Limited Announcements | Esken Limited: Proposed Firm Placing and Open Offer

Investegate |Esken Limited Announcements | Esken Limited: Proposed Firm Placing and Open Offer
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Takeover of Carlisle airport in doubt due to funding concerns

The owners of Carlisle airport says a deal to sell the site to a new operator is now in doubt due to funding concerns. ....

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Stobart Air sale delayed after buyer hits financing hurdle

By Cirium2021-06-01T12:41:00+01:00
The proposed sale of regional operator Stobart Air and Carlisle Lake District airport has hit turbulence after the buyer’s proposed financing for the deal fell through.
Esken, which rebranded from Stobart Group, agreed in April to sell Stobart Air Unlimited Company, which operates regional flights under a franchise agreement for Aer Lingus, and Stobart Air (UK) Ltd, the owner of Carlisle Lake District airport to Isle of Man-based investment firm Ettyl.
Source: Shutterstock
Stobart Air currently operates flights under a franchise agreement with Aer Lingus
Prior to the completion of the sale of Esken further agreed to take back 100% ownership of aircraft leasing company Propius, for £1. The energy and transport company agreed to retain responsibility for the continuing lease obligations of Propius under the existing lease arrangements until April 2023. ....

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Proactive headlines: FastForward Innovations Ltd, Love Hemp Group PLC, Shield Therapeutics PLC…

Proactive headlines: FastForward Innovations, Love Hemp, Shield Therapeutics…
A look at today s main headlines from the Proactive newswire
FastForward Innovations Ltd (LON:FFWD) said its investee Little Green Pharma Ltd (LGP) has announced an additional A$2.5mln (£1.3mln) purchase order for its high THC cannabis flower medicine from an existing client.
Shield Therapeutics PLC (LON:STX) has appointed a new chief executive with “deep knowledge and previous experience in the US iron deficiency marketplace”.
Quantum Blockchain Technologies PLC (LON:QBT) has updated investors on the current status of Clear Leisure 2017’s (CL17’s) legal action against Sipiem SpA’s previous board and internal audit committee. ....

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Investegate |Esken Limited Announcements | Esken Limited: Update on sale of Stobart Air

Investegate announcements from Esken Limited, Update on sale of Stobart Air ....

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