Bids, mergers and takeovers


PRESS: Deliveroo received takeover approach from DoorDash - Reuters

Deliveroo PLC received takeover interest from US food delivery firm DoorDash Inc, Reuters reported on Tuesday.

Citing two people familiar with the matter, Reuters reported...

Wed, 26/06/2024 - 08:56


TOP NEWS: Witan joins forces with Alliance Trust in £5 billion deal

Witan Investment Trust PLC and Alliance Trust PLC on Wednesday announced plans to combine creating a firm with assets under management of more than £5...

Wed, 26/06/2024 - 08:55


DS Smith, International Paper celebrate ‘important step’ in merger

DS Smith PLC and International Paper Co have cleared a regulatory hurdle on the way to their proposed combination, the firms proclaimed on Tuesday.

London-based packing...

Tue, 25/06/2024 - 15:56


Foresight Sustainable Forestry profit up 10% in first half

Foresight Sustainable Forestry Co PLC on Tuesday reported double-digit profit growth ahead of its pending acquisition by Averon Park Ltd.

The London-based company offers direct investment...

Tue, 25/06/2024 - 13:12


Augmentum Fintech laments high interest rates but notes positivity

Augmentum Fintech PLC on Tuesday highlighted that UK and global inflation numbers were improving, indicating a more positive medium-term outlook despite high interest rates.

The London-based...

Tue, 25/06/2024 - 11:27


Tortilla Mexican Grill opens European gateway with Fresh Burritos buy

Tortilla Mexican Grill PLC said it has purchased competitor Fresh Burritos for €4.0 million.

Tortilla, the UK’s largest fast-casual Mexican restaurant group, said it has brought...

Tue, 25/06/2024 - 11:21


Funding Circle exits US market with £33 million unit sale

Funding Circle Holdings PLC shares rose on Tuesday, after it said it has agreed to sell its US business, as it focuses on its UK...

Tue, 25/06/2024 - 10:12


Chapel Down considers sale of company while on track to deliver growth

Chapel Down Group PLC on Tuesday said it remained on track for double-digit sales growth this year while it considered to put itself up for...

Tue, 25/06/2024 - 09:51


Warehouse REIT swings to profit as disposal programme continues

Warehouse REIT PLC on Tuesday said it returned to profit after reporting a fair value gain on investments, compared to a chunky loss the year...

Tue, 25/06/2024 - 09:28


Hipgnosis Songs Fund closer to takeover by Blackstone after clearances

Hipgnosis Songs Fund Ltd on Tuesday said its takeover by Blackstone Inc has edged closer.

Hipgnosis Songs Fund is a London-based music investment company, which...

Tue, 25/06/2024 - 09:24


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