Bids, mergers and takeovers


IN BRIEF: Aquila Energy Efficiency notes adviser’s Commerzbank deal

Aquila Energy Efficiency Trust PLC - London-based closed-ended investment company, focusing on small-to-medium-sized energy efficiency projects - Notes the announcement on Thursday that its investment...

Fri, 19/01/2024 - 15:49


UPDATE: Mustang Energy inks deal to buy Cykel AI; interim loss widens

Mustang Energy PLC on Friday said it had struck a deal to acquire Cykel AI for £19.2 million.

Mustang, a London-based special purpose acquisition company...

Fri, 19/01/2024 - 14:19


IN BRIEF: Court sanctions acquisition of Ten Entertainment by Neon

Ten Entertainment Group PLC - Bedford, England-headquartered a ten-pin bowling operator - Receives court sanction for acquisition of its share capital by Neon Buyer Ltd,...

Fri, 19/01/2024 - 13:22


IN BRIEF: Arix Bioscience eyes $19 million return from Harpoon sale

Arix Bioscience PLC - London-based venture capital firm investing in ‘breakthrough’ biotechnology companies - Expects $18.6 million net proceeds from its $680 million sale of...

Fri, 19/01/2024 - 11:29


Scirocco celebrates final payment from Shell for Corallian sale

Scirocco Energy PLC on Friday said it was ‘pleased’ to hear Reabold Resources PLC will receive a final payment from Shell UK Ltd, adding that...

Fri, 19/01/2024 - 11:05


IN BRIEF: Global Connectivity invests further £25 million in Voneus

Global Connectivity PLC - Isle of Man-based broadband provider to rural areas in the UK, formerly known as Rural Broadband Solutions PLC - Made a...

Fri, 19/01/2024 - 10:57


Mustang Energy inks deal to acquire Cykel AI for £19.2 million

Mustang Energy PLC and Cykel AI PLC made joint announcements of the proposed acquisition on Friday.

The London-based special purpose acquisition company focused on energy storage...

Fri, 19/01/2024 - 09:40


TOP NEWS: Wincanton shares surge as accepts French takeover offer

Wincanton PLC said it has agreed to be bought by one of the largest container shipping companies in the world.

The Wiltshire, England-based logistics provider...

Fri, 19/01/2024 - 09:01


Octopus Renewables books gain as backs out of Spain solar project deal

Octopus Renewables Infrastructure Trust PLC on Friday said it has cancelled its acquisition of Spanish solar projects.

The London-headquartered closed-ended investment company has decided to terminate...

Fri, 19/01/2024 - 08:43


TOP NEWS: Another abrdn trust absorbed in Custodian Property merger

Custodian Property Income REIT PLC and abrdn Property Income Trust Ltd on Friday said they have agreed to an all-share merger to create a real...

Fri, 19/01/2024 - 08:42


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