- Braemar Shipping Services said it had acquired coal-product company Atlantic Brokers for £4.8m for a combination of cash and shares.

The £2.7m cash component would be financed from funds drawn down from existing credit agreements, together with the company's own resources Braemar said.

Atlantic generated revenue and pre-tax profit for the year ended 30 June of £4.7m and £0.6m, respectively.

At 1:47pm: [LON:BMS] Braemar Shipping Services PLC share price was +2.5p at 261p

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