Bids, mergers and takeovers


TOP NEWS: Direct Line rejects £3.3 billion bid approach from Aviva

Aviva PLC on Wednesday said it had made an approach to buy Direct Line Insurance Group PLC, which had been rejected.

London-based Aviva said the cash...

Wed, 27/11/2024 - 19:29


Nationwide profit falls but books big gain from Virgin Money deal

Nationwide Building Society on Wednesday posted a steep fall in profit and revenue amidst ‘challenging’ economic conditions, in its first earning release following its acquisition...

Wed, 27/11/2024 - 11:42


Johnson Matthey half-year revenue down on ‘challenging’ backdrop

Johnson Matthey PLC on Wednesday reported a ‘resilient’ first-half performance as revenue fell, but profit was boosted by a disposal gain.

The London-based chemicals maker said...

Wed, 27/11/2024 - 10:25


IN BRIEF: Apax funds to buy Evelyn Partners accountancy business

Apax Global Alpha Ltd - closed-ended investment company providing access to the private equity funds of investment adviser Apax Partners LLP - Expects to invest...

Wed, 27/11/2024 - 10:09


IN BRIEF: JD Sports Fashion completes purchase of Paris-based Courir

JD Sports Fashion PLC - Bury, Manchester-based sportswear retailer - Completes the acquisition of Paris-based Groupe Courir SAS, a retailer of sneakers and other sporting...

Wed, 27/11/2024 - 10:05


Frasers adds South African retail giant Holdsport to brand roster

Frasers Group PLC confirmed on Tuesday its acquisition of Holdsport Group from Old Mutual Ltd.

The Shirebrook, England-based owner of multiple retailers, including the House of...

Tue, 26/11/2024 - 13:12


IN BRIEF: Ashtead Technology acquires Seascan and J2 Subsea

Ashtead Technology Holdings PLC - Aberdeenshire, Scotland-based subsea equipment rental company for the offshore energy sector - Completes its £63 million acquisition of Seascan Ltd...

Tue, 26/11/2024 - 12:59


FD Technologies to return £120 million after First Derivatives sale

FD Technologies PLC on Tuesday said half-year trading was in line with expectations as it progressed with its divestment of First Derivatives.

The County Down,...

Tue, 26/11/2024 - 11:33


IN BRIEF: RC365 Holding narrows interim loss and sells HK subsidiary

RC365 Holding PLC - London-based provider of remittance and payment services in east and south east Asia - Sells Hong Kong incorporated subsidiary RCPay Ltd...

Mon, 25/11/2024 - 11:24


Asia Dragon Trust shows recovery amid proposed Invesco Asia Merger

Asia Dragon Trust PLC on Monday said returns for the financial year ending August 31 were ‘mixed’, amid talks of a proposed merger with Invesco...

Mon, 25/11/2024 - 10:19


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