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A Leeds-based company that specialises in mapping areas for oil exploration giants Shell, BP and ExxonMobil has bought a US firm.
ValiRx, a biopharmaceutical development company, has completed a reverse takeover of AIM company Azure Holdings. The deal was advised by broker WH Ireland and law firm Cobbetts.
AIM’s recent infatuation with Eastern European property companies is set to spread still further in the coming weeks, as Budapest-focused Pactolus Hungarian Property readies itself for flotation. Advised by Hichens Harrison, the group is hoping to raise £20 million from investors prior to listing.
Fast-growing Mancunian stockbroker WH Ireland is looking at making several acquisitions in the coming months, after a recently released pre-close trading statement saw the board state it ‘once again anticipates being able to report record results’.
Mancunian stockbroker WH Ireland has released a pre-close trading statement in which the board ‘once again anticipates being able to report record results for the year’. For the first 11 months of the year turnover is a third higher than last year.
Commercial dispute resolution specialist Driver Group will join AIM on Thursday following a £2 million WH Ireland-arranged fundraising at 73p, placing a value of nearly £17 million on the Lancashire-based company.
Broker WH Ireland is seeking to raise £10 million for diamond prospector Xceldiam, which is looking for gems in Angola, ahead of an anticipated £30 million AIM flotation.