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Morning news wrap: Investec, Autonomy Corp, 3i Group, Xstrata, Tullow Oil, Heritage Oil

In the FTSE 100 specialist banking group Investec (LON:INVP) as received a number of expressions of interest from potential acquirers for Rensburg Fund Management Limited, a fund management subsidiary of Investec’s recently acquired Rensburg Sheppards.

Software developer Autonomy Corp (LON:AU) has been awarded a seven figure purchase order by the U.S. government to utilize Autonomy Intelligent Data Operating Layer technology (IDOL), as part of what's expected to be a multi-million dollar project.

Private equity group 3i (LON:III) said that business had been performing well ad earnings performance improved.

Miner Xstrata (LON:XTA) as approved an investment of US$1.47 billion to develop the Antapaccay copper project as a major long-life, low cost brownfield expansion to the Tintaya copper mine in southern Peru.

Oil and gas producer Tullow Oil (LON:TLW) has said that the government of Uganda has approved the sale by Heritage Oil & Gas Limited (LON:HOIL) of its 50% interest in Blocks 1 and 3A in Uganda to Tullow's subsidiary.

On AIM, Orosur Mining (LON:OMI) has agreed to extend the date for execution of the definitive agreement with Gladiator Resourcesover the iron ore, masganese ore and base metal prospects in the Isla Cristalina belt in Uruguay.

Russia focused miner Amur Minerals (LON:AMC) has submitted an application for a two year extension of its exploration rights on its Kun-Manie licence.

Offshore marine renewables development company SeaEnergy (LON:SEA) has said that its subsidiary SeaEnergy Renewables and Chinese company Nantong COSCO Ship Steel Structure have signed a Strategic Cooperation Agreement to develop and market steel structures for the offshore wind industry.

http://www.proactiveinvestors.co.uk/companies/news/18525/morning-news-wrap-investec-autonomy-corp-3i-group-xstrata-tullow-oil-heritage-oil-18525.html