Bids, mergers and takeovers


UPDATE: UK government confirms Royal Mail sale to EP Group is cleared

Royal Mail’s sale to Czech billionaire Daniel Kretinsky has been cleared by the UK government, paving the way for the more than 500-year-old postal service...

Mon, 16/12/2024 - 10:03


Royal Mail takeover by Daniel Kretinsky cleared by UK government

Royal Mail’s takeover by a Czech billionaire has been given the green light by the UK government, allowing the postal service to pass into foreign...

Mon, 16/12/2024 - 09:17


TT Electronics has ‘confidence’ in outlook as Volex ends pursuit

TT Electronics PLC on Thursday backed its medium-term outlook, after Volex PLC ruled out making an offer for the manufacturer of electronic components.

Woking, Surrey-based...

Fri, 13/12/2024 - 06:12


Kosmos Energy sizes up possible all-share bid for Tullow Oil

Tullow Oil PLC late Thursday said it is in early stage talks over a possible takeover bid from Kosmos Energy Ltd.

The Africa-focused oil &...

Fri, 13/12/2024 - 06:01


Parkmead agrees sale of North Sea oil assets to Serica Energy

Parkmead Group PLC on Thursday said it has signed an agreement to sell subsidiary Parkmead (E&P) Ltd as it switches its focus to growing its...

Thu, 12/12/2024 - 16:42


Volex ends takeover approach for TT Electronics as offers rebuffed

Volex PLC on Thursday said it won’t make a takeover offer for TT Electronics PLC, saying the TT board wants too high of a price.

Volex...

Thu, 12/12/2024 - 11:40


Equals Group agrees to £283 million takeover by Alakazam

Equals Group PLC reported on Wednesday it had agreed to a £283 million takeover by Alakazam Holdings Bidco Ltd.

The London-based fintech company and payment platform...

Wed, 11/12/2024 - 13:49


Sound Energy completes sale of Moroccan assets for $45.2 million

Sound Energy PLC on Wednesday said it has completed the sale of its Moroccan assets for up to $45.2 million.

Sound Energy is a transition...

Wed, 11/12/2024 - 10:43


Optima Health sees revenue fall but claims ‘robust performance’

Optima Health PLC on Wednesday released its first half-year results since its demerger from Marlowe PLC back in September.

Optima Health is a software provider...

Wed, 11/12/2024 - 10:02


Cohort reports strong growth as conflicts fuel defence spending

Cohort PLC on Wednesday reported record half-year results and hiked its interim dividend, as geopolitical instability drove increased defence spending.

Shares in Cohort rose 6.1% to...

Wed, 11/12/2024 - 09:57


Pages