Chesnara (LSE:CSN) says the £260 million acquisition of HSBC Life’s UK insurance business will bring over 450,000 new policyholders and £4 billion of assets under administration. The highly accretive transaction will also allow the company to build on its strong, 20-year track record of uninterrupted dividend growth.
Galliford Try (LSE:GFRD) says it’s grown by a third in two years, helped by highways and water projects. The company sees revenue hitting £2.2 billion in five years and aims to boost margins to 4% as new contracts ramp up.
Manx Financial (AIM:MFX) posted a 41% profit jump last year, driven by Conister Bank and Payment Assist. It plans to expand into Ireland by acquiring a consumer credit licence and also move into mortgages.
London BTC Company (LSE:BTC) has raised £1.5 million to buy more Bitcoin. CEO Hewie Rattray says the goal is to build the treasury and educate investors about the company’s model.
Celadon Pharmaceuticals (AIM:CEL) is considering delisting from AIM to focus fully on cannabinoid medicines. It’s secured £1.5 million in debt and may raise another £20 million to fund upcoming new product launches.
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