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Learning Technologies Group Share News (LTG)
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- This share is currently suspended. It was suspended at a price of 99.90
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Learning Technologies Group finalises non-core disposal
(Sharecast News) - Learning Technologies Group (LTG), the AIM-listed workplace digital learning solutions firm, has successfully completed the disposal of Lorien Engineering Solutions, finalising its exit from non-core assets.
The disposal to engineering consultancy NIRAS Group, first announced in December, will see LTG receive $21.4m. The deal follows the closure of a UK apprenticeships business in January 2023.
LTG is planning on using the proceeds to help ongoing deleveraging and allocate capital to higher growth areas of the business.
Lorien generated $21.2m in revenue last year, equating to around 3% of group sales based on current market estimates.
Latest LTG News
- Acquisition of Learning Technologies clears all regulatory hurdles
13 Feb 2025 - UK shareholder meetings calendar - next 7 days
30 Jan 2025 - Learning Technologies says independent directors back takeover offer
29 Jan 2025 - General Atlantic-managed bid for Learning Technologies declared final
29 Jan 2025 - Learning Technologies revenue drops, sees impact from Trump DEI ruling
24 Jan 2025 - UK shareholder meetings calendar - next 7 days
9 Jan 2025 - LONDON MARKET CLOSE: Blue-chips in the red despite European, US gains
4 Dec 2024 - LONDON MARKET MIDDAY: FTSE 100 underperforms before US jobs data
4 Dec 2024
Related News
Acquisition of Learning Technologies clears all regulatory hurdles
(Sharecast News) - Learning Technologies Group updated the market on its acquisition by Leopard UK Bidco on Thursday, reporting that all necessary reg...
Learning Technologies says independent directors back takeover offer
(Alliance News) - Learning Technologies Group PLC on Wednesday said its independent directors recommend accepting the final cash offer from General At...
Learning Technologies Group News
Acquisition of Learning Technologies clears all regulatory hurdles
(Sharecast News) - Learning Technologies Group updated the market on its acquisition by Leopard UK Bidco on Thursday, reporting that all necessary reg...
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(Alliance News) - Learning Technologies Group PLC on Wednesday said its independent directors recommend accepting the final cash offer from General At...
General Atlantic-managed bid for Learning Technologies declared final
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Learning Technologies revenue drops, sees impact from Trump DEI ruling
(Alliance News) - Learning Technologies Group PLC on Friday said it expects to report a drop in earnings in 2024 and face further challenges as the ne...
LONDON MARKET CLOSE: Blue-chips in the red despite European, US gains
(Alliance News) - Stocks in London ended mixed on Wednesday, with the FTSE 100 held back by falls in AstraZeneca plus uninspiring data, while mid-caps...
LONDON MARKET MIDDAY: FTSE 100 underperforms before US jobs data
(Alliance News) - London's FTSE 100 faltered, but European peers climbed and US stocks are called to open higher, with focus turning to US jobs data a...
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