Bids, mergers and takeovers


Microsaic acquires Modern Water assets from DeepVerge and Innoven

Microsaic Systems PLC on Friday said it has agreed to acquire assets from DeepVerge PLC and Innovenn PLC for a total consideration of £100,000.

The Surrey-based...

Fri, 12/01/2024 - 16:44


Velocys says £4 million takeover receives court approval

Velocys PLC on Friday said that its proposed takeover has received court approval, with the transaction expected to reach completion on Wednesday.

Velocys is an...

Fri, 12/01/2024 - 14:20


IN BRIEF: Ten Entertainment shareholders back takeover by Neon Buyer

Ten Entertainment Group PLC - a ten-pin bowling operator - Shareholders approve takeover by Neon Buyer at general meeting and court meeting. Ten Entertainment expects...

Fri, 12/01/2024 - 11:36


IN BRIEF: Sivota to acquire controlling stake in ‘leading’ platform

Sivota PLC - investor in later-stage Israeli technology firms - Enters into non-binding term sheet to acquire a controlling interest in ‘a leading online technology...

Fri, 12/01/2024 - 11:11


Metals Exploration to buy majority stake in Philippine YMC

Metals Exploration PLC on Friday said it has signed a conditional purchase agreement to buy a controlling interest in Philippines-based Yamang Mineral Corp Group.

The Philippines-focused...

Fri, 12/01/2024 - 10:07


JTC to pay further $31.5 million after SALI achieves earn-out target

JTC PLC on Friday said that SALI Fund Management LLC and SALI GP Holdings LLC had fulfilled the conditions of the 2021 acquisition agreement, entitling...

Fri, 12/01/2024 - 09:12


IN BRIEF: Balanced Commercial sells holdings to cut office exposure

Balanced Commercial Property Trust Ltd - London-based commercial property investment trust - Agrees sale of three office holdings, two business park assets in Edinburgh and...

Fri, 12/01/2024 - 08:08


IN BRIEF: Persimmon to replace outbound FTSE 100 constituent Dechra

Persimmon PLC - York, England-based housebuilder - To rejoin FTSE 100 index on Tuesday as acquisition of Cheshire, England-based veterinary drug maker Dechra Pharmaceuticals PLC...

Fri, 12/01/2024 - 06:59


Sopheon gets green light for Wellspring takeover offer

Sopheon PLC on Thursday said it has government approval for its £115 million takeover offer from Wellspring Worldwide Inc.

In December, the Surrey, England-based enterprise software...

Thu, 11/01/2024 - 21:10


IN BRIEF: Electric Guitar says negotiations ongoing for 3radical buy

Electric Guitar PLC - special purpose acquisition company focused on the digital marketing and advertising industry - Says it remains in active negotiations and advanced...

Thu, 11/01/2024 - 13:59


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