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Catena Group PLC proposes acquisition of data science firm Insight, placing to raise £6.1mln


The consideration of £27.9mln will be paid in cash and shares
Catena Group PLC (LON:CTNA) announced it signed a conditional agreement to acquire Insight, a data science and machine learning solutions company, for £27.9mln.
It will be paid by issuing 45.3mln shares at 59p each and a potential cash consideration of up to £1.5mln.
The AIM-listed holding company, which focuses on acquiring and growing businesses operating in high performing industries, already owns 9.1% of Insight.
The acquisition constitutes a reverse takeover so it will require the approval of shareholders, with a general meeting planned for 7 May.
It is also proposing to raise £6.1mln by placing shares at 67p each, which is a premium of 14% to the closing price on 2 September, the last day before trading was suspended. ....

David Hillel , David Coldbeck , Matthew Farnum Schneider , Warren Pearson , Steve Cracknell , John Zucker , Peter Rutter , Catena Group , டேவிட் ஹில்லெல் , மேத்யூ பார்னும் ஶ்நைடர் , வாரன் பியர்சன் , ஜான் ஜுக்கேர் , பீட்டர் ரட்டர் , சட்டென குழு ,

MARKET REPORT: Shares go stale in food fight at Just Eat and Deliveroo


Investors lost their appetite for shares in Just Eat and Deliveroo as fierce competition and questions over labour issues plagued the two takeaway giants.
Just Eat tumbled after rival Uber announced it would launch in Germany, which would break the FTSE 100 company’s stranglehold on the German market.
Over the next few weeks Uber Eats will start operating in Berlin before potentially moving to other cities. Just Eat – now known as Just Eat Takeaway after its £6billion merger with a Dutch rival last year – has been the main player in Germany since Deliveroo pulled out in 2019.
Just Eat tumbled after rival Uber announced it would launch in Germany, which would break the FTSE 100 company’s stranglehold on the German market  ....

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Oilex Ltd raises funds to take full control of Indian gas project


Oilex raises funds to take full control of Indian gas project
A look at the major movers on the London market on Wednesday
Oilex Limited (LON:OEX) has seen its shares gush up after it finalised the funding to take full control of an Indian gas project, something it has been trying to do for more than four years.
It has wanted to buy the 55% of the Cambay field it does not own since 2016 but it got into a spat with its partner - the state-backed Gujarat State Petroleum Corporation Limited (GSPC) - over expense payments which at one point went to an Indian court. ....

Redcar And Cleveland , United Kingdom , United States , Nova Scotia , City Of , Hugh Pelham , Joe Salomon , Rita Rose Gagn , Mark Briffa , Stephan Beringe , Catena Group , Navier Inc , Gujarat State Petroleum Corporation Limited , National Medical Products Administration , Innovative Energy Holding Ltd , Galantas Gold Corporation , Oilex Limited , Brent South , Test Your Brand , Phytovista Laboratories , Gold Corporation , Nifty Scanner , ரெட்‌கார் மற்றும் கிளீவ்லேண்ட் , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது மாநிலங்களில் , நோவா ஸ்கோடியா ,