Bids, mergers and takeovers

Custodian Property Income sells two units for £15 million in total

Custodian Property Income REIT PLC on Tuesday said it has completed the sale of an industrial unit in Weybridge for £6.0 million.

The real estate investment...

Tue, 02/04/2024 - 12:57

Belluscura sees financial hit from delay to closing TMT acquisition

Belluscura PLC on Tuesday warned sales and adjusted earnings would be below market expectations due to the delay in closing the acquisition of TMT Acquisition...

Tue, 02/04/2024 - 12:34

IN BRIEF: National World sells PCS for £3.5 million to Naviga 1 UK

National World PLC - national, regional and local multimedia organisation - Completes £3.5 million sale of the entire business and assets of Press Computer Systems...

Tue, 02/04/2024 - 12:30

IN BRIEF: Silverwood Brands completes Cosme Science acqusition

Silverwood Brands PLC - holding company established to invest primarily in branded consumer businesses - Says acquisition of Cosme Science Corp is now closed. It...

Tue, 02/04/2024 - 11:37

Picton Property to sell London asset as cuts office exposure

Picton Property Income Ltd on Tuesday said it has exchanged contracts for the sale of its second-largest London office asset, trimming its sector exposure.

The UK...

Tue, 02/04/2024 - 10:18

Viavi claims rival bid for Spirent would limit customer choice

Viavi Solutions Inc on Tuesday said a rival bid for Spirent Communications PLC would ‘limit customer choice’.

Last Thursday, Spirent, the Crawley, England-based test and assurance...

Tue, 02/04/2024 - 09:55

IN BRIEF: Hochschild Mining sells Crespo project for $15 million

Hochschild Mining PLC - Gold and silver miner with operations in South America - Sells its Crespo project in southern Peru for $15 million to...

Tue, 02/04/2024 - 09:51

RHI Magnesita boosts US production capabilities with Resco acquisition

RHI Magnesita NV on Tuesday announced the acquisition of Resco Group, a US based producer of alumina monolithics and basic and non-basic refractories, from Balmoral...

Tue, 02/04/2024 - 09:38

IN BRIEF: Bank of Georgia gets approval for $304 million Ameriabank

Bank of Georgia Group PLC - Tbilisi-based lender - Receives regulatory approval from Armenian Competition Protection Commission and the Central Bank of Armenia for the...

Tue, 02/04/2024 - 09:17

TOP NEWS: HSBC to pay special dividend after completing Canadian sale

HSBC Holdings PLC on Tuesday said it would pay shareholders a special dividend after completing the sale of its Canadian business.

The Asia-focused lender will make...

Tue, 02/04/2024 - 08:44

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