Bids, mergers and takeovers


UPDATE: Warehouse REIT gauges ‘final’ £489 million Blackstone tilt

Warehouse REIT PLC on Tuesday said it was evaluating a sweetened ‘final’ takeover proposal by suitor Blackstone.

Warehouse REIT said it is currently evaluating the...

Tue, 25/03/2025 - 13:16


Blackstone makes ‘final’ £489 million Warehouse REIT tilt

Warehouse REIT PLC suitor Blackstone on Tuesday announced a sweetened ‘final’ takeover proposal worth £489 million.

The final indicative proposal of 115 pence from Blackstone...

Tue, 25/03/2025 - 11:36


Ithaca lifts Seagull stake as buys Japan Petroleum UK North Sea assets

Ithaca Energy PLC on Tuesday said it has struck a $193 million deal to acquire Japex UK E&P Ltd, boosting its stake in the Seagull...

Tue, 25/03/2025 - 10:44


Drax beats Foresight in bid to buy Harmony Energy Income Trust

Drax Group PLC on Tuesday said it has agreed to buy Harmony Energy Income Trust PLC.

Drax, a Selby, England based electricity generator, said it will...

Tue, 25/03/2025 - 10:34


Tullow Oil sells Gabon interests for $300 million as profit jumps

Tullow Oil PLC on Tuesday said profit multiplied in 2024, despite lower revenue, as a write-off of exploration costs in the recent year was smaller...

Tue, 25/03/2025 - 10:26


Smiths Group lifts payout and makes US acquisition as profit rises

Smiths Group PLC on Tuesday raised its interim dividend and confirmed plans to continue its share buyback programme, as it reported improved profit and revenue.

London-based...

Tue, 25/03/2025 - 09:34


THG launches refinancing and fund raise for next stage of development

THG PLC on Monday announced a refinancing and fund raising which it said would position it to deliver on the next phase of development following...

Mon, 24/03/2025 - 20:39


Serinus agrees £5.1 million takeover by New York investment bank

Serinus Energy PLC on Monday said it agreed to a takeover offer by Xtellus Capital Partners Inc, a New York-based broker dealer and specialist investment...

Mon, 24/03/2025 - 14:02


Great Portland Estates buys property in London for £56.0 million

Great Portland Estates PLC on Monday said it has agreed to buy another property in London’s West End from Cypress Dynasty Ltd.

The London-based property...

Mon, 24/03/2025 - 08:54


Plus500 enters Indian futures market with Mehta Equities acquisition

Plus500 Ltd on Monday said it has agreed to acquire India-based Mehta Equities Ltd for $20 million in a move that expands its global presence...

Mon, 24/03/2025 - 08:53


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