Bids, mergers and takeovers


Saudi Arabia to buy 10% stake in Heathrow Airport from Ferrovial

Saudi Arabia’s sovereign wealth fund has agreed to buy a 10% stake in Heathrow Airport.

Spanish infrastructure company Ferrovial SA has announced it will sell its...

Wed, 29/11/2023 - 09:28


EARNINGS AND TRADING: Guinness VCT NAV falls; Dial Square loss widens

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

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Guinness VCT PLC...

Tue, 28/11/2023 - 19:07


TRADING UPDATES: Sopheon extends bid deadline; Fenikso receives funds

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

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Sopheon PLC - Surrey, England-based enterprise...

Tue, 28/11/2023 - 18:14


UPDATE: Jubilant increases stake in bid target DP Eurasia above 50%

Jubilant Foodworks Netherlands BV on Tuesday said it had acquired around 3.9 million shares in bid target DP Eurasia NV.

This takes Jubilant Foodworks holding...

Tue, 28/11/2023 - 18:13


UPDATE: DP Eurasia says ‘take no action’ as sizing up Jubilant bid

DP Eurasia NV on Tuesday told shareholders to take no action after the pizza chain master franchisee received an unsolicited takeover bid.

DP Eurasia received a...

Tue, 28/11/2023 - 17:21


Investment firms Troy Income & Growth and STS Global sign merger deal

Troy Income & Growth Trust PLC and STS Global Income & Growth Trust PLC on Tuesday said they have agreed for a merger of the...

Tue, 28/11/2023 - 13:26


DP Eurasia soars on takeover offer; celebrates revenue jump

DP Eurasia NV on Tuesday received a takeover bid from Jubilant FoodWorks Ltd’s Dutch subsidiary for its remaining shares and separately reported a boost in...

Tue, 28/11/2023 - 12:12


Tritax EuroBox lets out Turin asset; Tritax Big Box sells six assets

Tritax EuroBox PLC on Tuesday said it has leased its two-unit asset in Settimo Torinese, Italy, while Tritax Big Box REIT PLC said it has...

Tue, 28/11/2023 - 10:38


Fidelity China to absorb abrdn China to create £1.2 billion investor

Two China-focused investment trusts on Tuesday said they have agreed to combine to create a closed-end investment vehicle in London with £1.2 billion in assets.

Fidelity...

Tue, 28/11/2023 - 09:25


UPDATE: Metro Bank negotiating sale of mortgage book to Barclays - Sky

Metro Bank Holdings PLC is in talks to sell a £3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a...

Mon, 27/11/2023 - 17:16


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