Bids, mergers and takeovers


Weir hails ‘significant’ £657 million Micromine deal as profit rises

Weir Group PLC on Friday announced a major acquisition in Australia as it reported a healthy increase in profit in 2024.

The engineering firm has agreed...

Fri, 28/02/2025 - 10:21


EARNINGS: Serco profit tumbles 60%; PPHE Hotel sees earnings growth

The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News:

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Serco Group PLC - Hampshire, England-based...

Thu, 27/02/2025 - 18:32


BP ‘reset’ to slash green spend aims and lift oil and gas investment

BP PLC on Wednesday said it will slash renewable spending, up oil and gas investment as the company set out a plan to ‘fundamentally reset...

Wed, 26/02/2025 - 10:44


Metro Bank sells personal loan book to focus on specialist lending

Metro Bank Holdings PLC on Wednesday confirmed the sale of its £584 million portfolio of unsecured personal loans, aligning with its strategy to refocus on...

Wed, 26/02/2025 - 09:50


Ajax and Bezant agree terms for potential sale of Eureka project

Ajax Resources PLC and Bezant Resources PLC on Tuesday said they have agreed on the terms of a proposed sale of Bezant’s Puna Metals SA...

Tue, 25/02/2025 - 15:04


IN BRIEF: Staffline to return £7.5 million after selling PeoplePlus

Staffline Group PLC - Nottingham, England-based flexible staff recruitment in UK and Ireland - Starts share buyback to return proceeds from the disposal of PeoplePlus...

Tue, 25/02/2025 - 13:14


Avation considers move to ESCC category, reports widened interim loss

Avation PLC on Tuesday said it is considering a move to the Equity Shares (Commercial Companies) category of the London Stock Exchange, and reported a...

Tue, 25/02/2025 - 11:13


UPDATE: Sidara confirms making cash offer approach for John Wood

Dar Al-Handasah Consultants Shair & Partners Holdings Ltd, known as Sidara, on Monday confirmed it has made a bid approach to John Wood Group PLC.

In...

Mon, 24/02/2025 - 17:29


CORRECT: John Wood confirms bid approach from previous suitor, Sidara

(To clarify the value of the previous Sidara bid).

John Wood Group PLC on Monday said it has received an approach from Dar Al-Handasah Consultants Shair...

Mon, 24/02/2025 - 16:55


PRESS: Chemring climbs on Sky reports of Bain Capital bid interest

Shares in Chemring Group PLC rose on Monday after Sky News reported bid interest from a private equity firm.

According to Sky sources, Bain Capital LP,...

Mon, 24/02/2025 - 16:09


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