Brainspark has revealed that since the breakdown in negotiations with Sorgente over the sale of its investment in Mediapolis, it has received a preliminary non-binding offer from an investment fund. The offer comes with more favourable terms than the previous offer from Sorgente. It is also in discussions with another investment fund.
Acta, a company focused on clean energy products, has received two additional orders from M-Field Energy for its renewable energy powered electrolysers. The orders follow the recent shipment of the first fully integrated fuel cell telecom back-up power system incorporating Acta's onboard hydrogen generation for automatic fuel replenishment. The company said it believes that the prompt repeat order is "indicative of the strong commercial potential for its products".
Palmaris, an investment company with a 16.1% holding in Scottish Resources Group, which is the company's sole remaining investment, said it notes the recent negative movement in the company's share price and announced that it has resolved to recommend the cancellation of the company's listing on AIM.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
NR
-
Six out of 10 retirees who accessed a pension didn’t use Pension Wise - how does the guidance service work?Many pension savers don’t bother using the free government-backed service Pension Wise. So, how does it work, and could it be useful for you?
-
UK-EU trade deal: Britain to get a £9bn boost to the economy by 2040The government’s agreement with the EU follows on from separate deals with India and the United States. Will it breathe life into the UK economy?
