London Stock Exchange's Refinitiv news and data platform Eikon experienced an outage of several hours on Monday, the company said, its third such glitch this year. An LSEG customer support representative said the issue which started around 1430 GMT had mostly affected users in Asia and the Europe, Middle East and Africa region, leaving them able to see news headlines and prices but unable to open articles or data tools. The stock exchange group completed its $27 billion takeover of Refinitiv in January.
Europe-based Kanabo Group Plc (LSE: KNB), the first medical cannabis company to IPO on London Stock Exchange, has signed a letter of intent to acquire Materia - a processor and distributor of medical cannabis and CBD products across Europe for an undisclosed amount. The merger would create the largest publicly traded cannabis company in the EU. According to management, Materia infrastructure supplements that of Kanabo, and will be crucial to expanding and strengthening the company’s existing sup
UK SPAC PLC, a London-listed shell company, said on Monday it had agreed a reverse takeover with Hellenic Dynamics, a European medical cannabis cultivation company. The deal values Hellenic at £45m.