Ferrum Crescent exits South Africa in £600 sale

European lead-zinc explorer Ferrum Crescent announced on Monday that it entered into a legally binding agreement for the sale of Batavia, its wholly-owned Mauritian subsidiary which is the investment holding company for all the group's South African assets – including the Moonlight iron ore project in Limpopo Province – to NPSPL Africa Holdings and its BEE partner Ngwenya Capital. 

IP Group upbeat on Creavo fundraising

Intellectual property-based business IP Group noted on Monday that its portfolio company, Creavo Medical Technologies, had completed a fundraising of £13.4m. 

Weekly review

The FTSE 100 finished the week 111.41 points lower to 7,312.72. 

US open: Stocks limp into long weekend

Wall Street's main indices are limping into quarter-end with technology issues again lagging behind despite better than expected readings on the economy.