Bids, mergers and takeovers


TOP NEWS: Mondi and DS Smith agree in principle on all-share merger

Mondi PLC and its packaging peer DS Smith PLC have reached an agreement in principle that will see Mondi take over DS Smith in a...

Fri, 08/03/2024 - 06:42


Watkin Jones announces forward sale of development for £11 million

Watkin Jones PLC on Thursday announced the forward sale of a purpose built student accommodation development in Bristol.

The London-based student accommodation developer and manager said...

Thu, 07/03/2024 - 16:48


EARNINGS AND TRADING: Belvoir, Property Franchise merger now effective

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

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Dukemount Capital PLC...

Thu, 07/03/2024 - 16:47


IN BRIEF: UK CMA starts merger inquiry into Pennon acquisition

Pennon Group PLC - Exeter, England-based water utility - The UK Competition & Markets Authority announces start of investigation into Pennon’s acquisition of Sutton &...

Thu, 07/03/2024 - 14:30


Duke Capital exits investment in street light firm Fabrikat

Duke Capital Ltd on Thursday said that it has exited its investment in Meteor HoldCo Ltd, which owns the street lighting manufacturer, Fabrikat Ltd.

The move...

Thu, 07/03/2024 - 13:57


Permanent TSB hopes to maintain momentum after tripling profit in 2023

Permanent TSB Group Holdings PLC on Thursday said it had grown underlying profits in 2023 despite a downturn in new mortgage lending, as the company...

Thu, 07/03/2024 - 12:39


IN BRIEF: Chrysalis makes further investment in Smart Pension

Chrysalis Investments Ltd - Guernsey-based Investment company, with notable investments in Starling Bank Ltd and wefox Holding AG - Invests roughly £4 million in Smart...

Thu, 07/03/2024 - 11:52


Harbour Energy profit sinks but edges towards Wintershall acquisition

Harbour Energy PLC on Thursday said profits dropped by three quarters in 2023, though Harbour highlighted that the valuable acquisition of Wintershall Dea AG’s upstream...

Thu, 07/03/2024 - 10:59


TOP NEWS: Nationwide strikes £2.9 billion deal to buy Virgin Money

Nationwide Building Society on Thursday said it has reached a ‘preliminary’ agreement to buy Virgin Money UK PLC for £2.9 billion in a deal that...

Thu, 07/03/2024 - 08:28


IN BRIEF: Belvoir and Property Franchise to merge after court approval

Belvoir Group PLC - Grantham, England-based property franchise and financial services company - High Court of Justice approves merger with Property Franchise Group PLC, a...

Wed, 06/03/2024 - 20:43


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