Bids, mergers and takeovers


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


IN BRIEF: Braveheart buys 4 million Autins shares for £320,000

Braveheart Investment Group PLC - Dodworth, England-based investment company - Between Monday and Tuesday, buys a further 4.0 million shares in Autins Group PLC at...

Wed, 06/03/2024 - 14:14


Breedon lifts dividend and makes US acquisition after steady 2023

Breedon Group PLC on Wednesday raised its annual dividend by nearly 30% and announced a $300 million acquisition, as it reported higher revenue in 2023...

Wed, 06/03/2024 - 12:53


888 ends Sports Illustrated deal and considers selling US operations

888 Holdings PLC on Wednesday said that it has launched a strategic review of its business-to-consumer operations in the US and is considering a sale...

Wed, 06/03/2024 - 11:55


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