Bids, mergers and takeovers


TOP NEWS: Direct Line dismisses fresh approach from Belgium’s Ageas

Direct Line Insurance Group PLC on Wednesday said it had rejected a modestly improved new takeover approach from Belgian insurance group Ageas SA.

The Bromley, England-based...

Wed, 13/03/2024 - 11:01


IN BRIEF: Zenith increases stake in Italian gas concession to 50%

Zenith Energy Ltd - Oil and gas company focused on assets in Africa and Italy - Acquires an additional 10% interest in the Sant’Andrea onshore...

Tue, 12/03/2024 - 19:58


EARNINGS AND TRADING: Ariana strikes gold; Union Jack adds royalties

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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Ariana Resources PLC...

Tue, 12/03/2024 - 17:41


IN BRIEF: Renewables Infrastructure sells Irish wind farm at premium

Renewables Infrastructure Group Ltd - invests in renewable energy infrastructure, advised by InfraRed Capital Partners as investment manager - Agrees to sell 100% interest in...

Tue, 12/03/2024 - 10:08


IN BRIEF: MC Mining tumbles as Vulcan Resources backs off from offer

MC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Vulcan Resources Ltd will not proceed with making a formal offer...

Tue, 12/03/2024 - 10:07


Hill & Smith splashes cash on dividend, acquisitions after strong year

Hill & Smith PLC on Tuesday reported higher revenue and profit last year, while announcing a small US acquisition as part of its growth plans....

Tue, 12/03/2024 - 09:34


Domino’s Pizza profit jumps on higher sales; buys Irish franchisee

Domino’s Pizza Group PLC on Tuesday reported annual earnings growth and said it has taken full control of an Irish franchise business.

The Milton Keynes, England-based...

Tue, 12/03/2024 - 09:20


British American Tobacco looks to sell part of shareholding in ITC

British American Tobacco PLC on Monday said that it is evaluating the potential disposal of part of its shareholding in ITC Ltd.

The London-based maker of...

Mon, 11/03/2024 - 17:24


IN BRIEF: Foresight sells Specac International for £11.2 million

Foresight Enterprise VCT PLC - venture capital trust focused on UK investments - Sells portfolio company Specac International Ltd, an Orpington, England-based manufacturer of spectroscopy...

Mon, 11/03/2024 - 16:39


Globalworth Real Estate sells logistics portfolio for €70 million

Globalworth Real Estate Investments Ltd on Monday said it has agreed to sell part of its wholly-owned logistics portfolio.

The Central and Eastern Europe-focused real...

Mon, 11/03/2024 - 15:35


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