Bids, mergers and takeovers


TOP NEWS: Direct Line eyes cost cuts as new CEO fends off Ageas

Direct Line Insurance Group PLC on Thursday announced plans to save £100 million and boost insurance margins, as it looks to stymie the unwanted advance...

Thu, 21/03/2024 - 10:02


MC Mining says Goldway offer below independent valuation range

MC Mining Ltd on Wednesday maintained that the takeover offer from a consortium led by Goldway Capital Investment Ltd undervalued the coal producer.

The Canberra,...

Wed, 20/03/2024 - 15:32


Equals receives buyout offer amidst ‘strong growth’ in first quarter

Equals Group PLC on Wednesday confirmed it has received a takeover approach from a private equity-backed software peer, as part of the strategic review it...

Wed, 20/03/2024 - 12:48


Glencore ‘on track’ to meet new Climate Action Transition Plan targets

Glencore PLC on Wednesday released its 2024-2026 Climate Action Transition Plan, outlining its intention to achieve net zero by 2050.

The revised strategy came about after...

Wed, 20/03/2024 - 09:54


Johnson Matthey sells medical device components arm for $700 million

Johnson Matthey PLC on Wednesday said it has agreed to sell its Medical Device Components business to Montagu Private Equity LLP, with the proceeds to...

Wed, 20/03/2024 - 08:32


EARNINGS AND TRADING: Ten Lifestyle sees profit up but sales flat

The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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TMT Investments PLC...

Tue, 19/03/2024 - 19:47


EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic

The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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UK Oil &...

Tue, 19/03/2024 - 18:41


Shanta Gold gets final, increased offer from Saturn Resources

Shanta Gold Ltd on Tuesday received an ‘increased and final’ takeover offer from Saturn Resources Ltd.

The East Africa-focused gold producer and Saturn, a subsidiary...

Tue, 19/03/2024 - 14:30


Team Internet acquires ‘leading’ online marketing business in Israel

Team Internet PLC on Tuesday said it has agreed to buy Shinez IO Ltd, an Tel Aviv-based online marketing business, for $41.8 million.

Team Internet, a...

Tue, 19/03/2024 - 12:09


PureTech shares jump on $100 million tender offer proposal

PureTech Health PLC on Tuesday said it plans to return $100 million to shareholders with a tender offer, starting after it publishes its annual report...

Tue, 19/03/2024 - 11:16


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