Bids, mergers and takeovers

Virgin Money agrees to buy abrdn’s stake in joint investment business

High street bank Virgin Money UK PLC has agreed to buy abrdn PLC’s stake in its investment platform for £20 million, less than a year...

Wed, 14/02/2024 - 10:58

Balanced Commercial Property Trust sells biggest office space holding

Balanced Commercial Property Trust Ltd on Wednesday said it has agreed to sell its largest office property, as it seeks to rebalance its portfolio away...

Wed, 14/02/2024 - 09:20

IN BRIEF: Pendragon officially changes name to Pinewood Technologies

Pinewood Technologies Group PLC - pure-play software-as-a-service business - Completes name change to Pinewood Technologies Group from Pendragon, marking its transformation from a car dealership...

Tue, 13/02/2024 - 14:20

IN BRIEF: Xtract gets shareholder nod to sell Manica interests

Xtract Resources PLC - London-based diversified metals and minerals producer - Says shareholders have approved the resolution, proposed at a general meeting earlier on Tuesday,...

Tue, 13/02/2024 - 14:11

Thousands of jobs at risk as Body Shop falls into administration

The Body Shop International Ltd has hired administrators, putting thousands of jobs at the cosmetics chain at risk.

The Littlehampton, England-based cosmetics retailer which runs more...

Tue, 13/02/2024 - 13:50

IN BRIEF: Technology Minerals says Recyclus takeover ‘progresses well’

Technology Minerals PLC - London-based battery metals and recycling - Deal to acquire the remaining 52% of subsidiary Recyclus Group Ltd as a reverse takeover...

Tue, 13/02/2024 - 11:33

Union Jack Oil hails two farm-in agreements in Oklahoma

Union Jack Oil PLC on Tuesday announced new deals to boost its drilling and mineral royalty portfolio.

The Bath-based UK- and US-focused oil and gas...

Tue, 13/02/2024 - 11:27

IN BRIEF: Schroders Capital Global receives Carmot sale distribution

Schroders Capital Global Innovation Trust PLC - London-based investment trust focused on a portfolio of ‘highly innovative’ companies - Receives a $5.6 million payment from...

Tue, 13/02/2024 - 11:26

BioPharma Credit gets $50.6 million from Abbvie’s ImmunoGen purchase

BioPharma Credit PLC on Tuesday noted Abbvie Inc’s completed acquisition of ImmunoGen Inc.

BioPharma Credit is a London-based closed-ended investment company.

It said it has received...

Tue, 13/02/2024 - 10:13

IN BRIEF: Renewables Infrastructure Group buys battery firm Fig Power

Renewables Infrastructure Group Ltd - invests in wind, solar and battery storage projects in Europe; advised by InfraRed Capital Partners Ltd - Buys Fig Power,...

Tue, 13/02/2024 - 09:24

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