Bids, mergers and takeovers

IN BRIEF: LXi REIT completes Travelodge hotels sale for £210 million

LXi REIT PLC - London-based commercial real estate investment trust - Says that it has now completed the sale of 66 Travelodge-branded hotels to the...

Thu, 29/02/2024 - 10:18

Sirius Real Estate notarises third acquisition in Germany this year

Sirius Real Estate Ltd on Thursday said that it has notarised the acquisition of a business park in Germany, making it the firm’s third asset...

Thu, 29/02/2024 - 10:03

TOP NEWS: Haleon shares up on improved annual revenue, profit

Haleon PLC shares were up on Thursday, as the company reported single-digit revenue growth following a year of disposals.

Haleon is a Surrey, England-based consumer healthcare...

Thu, 29/02/2024 - 09:52

TRADING UPDATES: AB Dynamics trades in line; Verditek sells solar arm

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

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AB Dynamics PLC - Wiltshire-based designer, manufacturer...

Wed, 28/02/2024 - 18:13

EARNINGS: Hutchmed revenue surges, Craven House’s loss widens

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

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Hutchmed (China) Ltd - Hong Kong-based...

Wed, 28/02/2024 - 17:31

Mobeus Income & Growth VCTs and Income & Growth VCT discuss mergers

The boards of Mobeus Income & Growth VCT PLC, Mobeus Income & Growth 2 VCT PLC, Mobeus Income & Growth 4 VCT PLC and Income...

Wed, 28/02/2024 - 16:24

UPDATE: Direct Line Insurance rejects ‘opportunistic’ Ageas bid

Direct Line Insurance Group PLC on Wednesday rejected a bid approach from Belgian insurer Ageas SA, calling it ‘unattractive’ and ‘uncertain’.

The Bromley, England-based motor and...

Wed, 28/02/2024 - 15:50

UPDATE: Direct Line soars as Ageas mulls £3.10 billion bid

Shares in Direct Line Insurance Group PLC jumped on Wednesday after Belgian insurer Ageas SA confirmed it was considering making an offer for the company.

Shares...

Wed, 28/02/2024 - 12:50

PRESS: Direct Line rebuffs bid approach by Belgium’s Ageas - Bloomberg

Shares in Direct Line Insurance Group PLC jumped on Wednesday after Bloomberg reported that it had rejected a bid approach from Belgian insurer Ageas SA.

Shares...

Wed, 28/02/2024 - 12:27

Just Eat Takeaway moves toward profit despite decline in orders

Just Eat Takeaway.com NV on Wednesday reported much improved profitability in 2023, despite lower orders and revenue, saying it expects positive cash flow and higher...

Wed, 28/02/2024 - 10:14

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