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Mobico Group shares sank on Friday after announcing an agreement to sell its North America School Bus business to I Squared Capital for an enterprise value of up to $608 million. The deal represents approximately 50 times School Bus’ expected FY24 Adjusted Operating Profit of $11.5 million and about 5.0 times its expected FY24 Adjusted […]
Oil and gas company Empyrean Energy (LON: EME) says the joint venture partners in the Wilson River-1 have elected to participate in the upcoming drill stem test and this will commence in early May. The share price is 18% higher at 0.115p. Wishbone Gold (LON: WSBN) is preparing to drill the main undrilled gold target […]