Company News
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Pfizer to buy Seagen in $43bn cash deal
Monday 13 Mar 2023
(Sharecast News) - Biotech company Seagen surged in pre-market trade on Monday after agreeing to be bought by Pfizer in a $43bn cash deal. Read More
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Woodbois raises £3m via share placing
Monday 13 Mar 2023
(Sharecast News) - Forestry company Woodbois revealed on Monday that it has raised gross proceeds of £3.0m by way of a placement of 250.0m new ordinary shares. Read More
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Learning Technologies confident despite exposure to SVB
Monday 13 Mar 2023
(Sharecast News) - Digital learning and talent management specialist Learning Technologies Group updated the market on its exposure to the collapse of Silicon Valley Bank and its UK subsidiary on Mond... Read More
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DX Group acquires two new depots
Monday 13 Mar 2023
(Sharecast News) - Logistics firm DX Group revealed on Monday that it has opened two new depots, one in Bracknell, Berkshire, and the other in Swindon, Wiltshire. Read More
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RWS confirms some 'limited' exposure to Silicon Valley Bank
Monday 13 Mar 2023
(Sharecast News) - RWS Holdings clarified its exposure to the US-based Silicon Valley Bank (SVB) on Monday, which was taken over by federal regulators on Friday in America's second-largest bank collap... Read More
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Avacta has 'no relationship' with failed tech-focussed bank
Monday 13 Mar 2023
(Sharecast News) - Life science company Avacta reassured the market on Monday, following the collapse of technology and science-focussed Silicon Valley Bank last week. Read More
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Alpha Group operations unaffected by SVB collapse
Monday 13 Mar 2023
(Sharecast News) - Financial service provider Alpha Group issued a statement on Monday reassuring its stakeholders that its operations and client funds remained unaffected by the collapse of Silicon V... Read More
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Sanofi to buy Provention Bio in $2.9bn deal
Monday 13 Mar 2023
(Sharecast News) - French pharmaceutical company Sanofi said on Monday that it has agreed to buy US biopharmaceutical group Provention Bio for $2.9bn in cash. Read More
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Anglo Asian Mining identifies 'significant' mineralisation at Xarxar asset
Monday 13 Mar 2023
(Sharecast News) - Gold and copper producer Anglo Asian Mining said "significant copper mineralisation" had been identified at its Xarxar asset in Azerbaijan. Read More
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Tern portfolio company secures £712,900 purchase order
Monday 13 Mar 2023
(Sharecast News) - Capital markets company Tern revealed on Monday that portfolio company Wyld Networks has received an approximately SEK 9.2m (£712,900) purchase order for its Wyld Data service. Read More
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Naked Wines not expecting to incur loss from SVB exposure
Monday 13 Mar 2023
(Sharecast News) - Naked Wines said on Monday that SVB is the administrative agent and issuing lender for its $60m asset-backed credit facility, but that day-to-day operations are unaffected by the co... Read More
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Apax Global Alpha reassures over exposure to Silicon Valley Bank
Monday 13 Mar 2023
(Sharecast News) - Apax Global Alpha updated the market on its exposure to the failed Silicon Valley Bank (SVB) on Monday. Read More
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Trustpilot 'confident' in liquidity position despite SVB collapse
Monday 13 Mar 2023
(Sharecast News) - Review website operator Trustpilot said on Monday that it would be to continue to operate its "ordinary course of business" despite troubles at its principal banking partner. Read More
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Phoenix Group FY pre-tax losses widen
Monday 13 Mar 2023
(Sharecast News) - Insurance firm Phoenix Group said on Monday that pre-tax losses had widened in the twelve months ended 31 December amid a fall in assets under administration. Read More
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Syncona said direct exposure to SVB 'de minimis'
Monday 13 Mar 2023
(Sharecast News) - Life sciences investor Syncona said it had a minimal exposure to the collapsed Silicon Valley Bank. Read More
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Auction Tech 'has no material exposure' to SVB
Monday 13 Mar 2023
(Sharecast News) - Online marketplace operator Auction Technology Group on Monday said it had limited exposure to collapsed Silicon Valley Bank. Read More
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Future says no material exposure to SVB UK
Monday 13 Mar 2023
(Sharecast News) - Media group Future said on Monday that it has no material exposure to the UK arm of failed US bank Silicon Valley Bank. Read More
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Moonpig says no material exposure to SVB UK
Monday 13 Mar 2023
(Sharecast News) - Online greeting card and gift retailer Moonpig said on Monday that it has no material exposure to the UK arm of failed US bank Silicon Valley Bank. Read More
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Moonpig and Future say no material exposure to SVB
Monday 13 Mar 2023
(Sharecast News) - Online greeting card and gift retailer Moonpig and media group Future both said on Monday that they had no material exposure to SVB UK. Read More
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IP Group says it has no exposure to SVB
Monday 13 Mar 2023
(Sharecast News) - IP Group said it had no relationship with the failed US tech investors Silicon Valley Bank or its UK arm. Read More
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