Bids, mergers and takeovers


Versarien shares fall on equity raise plan as disposals prove elusive

Versarien PLC on Wednesday said it expects to report decreased revenue in its latest financial year and a reduced cash balance.

As a result, the Cheltenham,...

Wed, 20/12/2023 - 11:52


TOP NEWS: Frasers confirms will buy Matchesfashion for £52 million

Frasers Group PLC on Wednesday confirmed reports from Sky News that it will buy Matchesfashion, a luxury clothing retailer, from its private equity owner since...

Wed, 20/12/2023 - 11:28


IN BRIEF: Cordiant Digital notes portfolio company buys two firms

Cordiant Digital Infrastructure Ltd - investment firm focused on digital infrastructure assets - Notes that Czech portfolio company Ceske Radiokomunikace AS agrees to buy a...

Wed, 20/12/2023 - 11:28


IN BRIEF: Wentworth takeover gets court sanction, to suspend shares

Wentworth Resources PLC - Tanzania-focused natural gas production company - Provides an update on the 32.5 pence per share offer from Etablissements Maurel & Prom...

Tue, 19/12/2023 - 21:21


IN BRIEF: Substrate AI receives €2.0 million equity investment

Substrate Artificial Inteligence SA - Madrid-based incubator of companies providing artificial intelligence products and services in fintech, agritech, energy, human resources, and health sectors -...

Tue, 19/12/2023 - 20:46


IN BRIEF: Capricorn finalises disposal of Catcher and Kraken fields

Capricorn Energy PLC - Egypt-focused upstream energy company - Enters into agreement for full and final settlement with Waldorf Production UK PLC relating to the...

Tue, 19/12/2023 - 18:16


Kin & Carta recommends new offer as Valtech trumps Apax Parters bid

Kin & Carta PLC has accepted a bid proposal from Valtech Topco valuing the company at £239 million, trumping a previously agreed approach from Apax...

Tue, 19/12/2023 - 16:43


UPDATE: Hipgnosis Songs Fund adviser still ‘constructive’ amid dispute

Hipgnosis Songs Fund Ltd, which was due to release its half-year results on Tuesday, announced they will be delayed until the end of the year,...

Tue, 19/12/2023 - 14:51


IN BRIEF: Infrastructure India says disposals nearing completion

Infrastructure India PLC - infrastructure fund investing directly into assets in India - Says it expects to release 2023 results in the first quarter of...

Tue, 19/12/2023 - 14:39


Alternative Income REIT leases £5.1 million Virgin Active gym

Alternative Income REIT PLC on Tuesday said it acquired a Virgin Active gymnasium in Streatham, London for £5.1 million on a lease of over 10...

Tue, 19/12/2023 - 14:33


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