Bids, mergers and takeovers


Vesuvius eyes margin improvement and hefty cash generation

Vesuvius PLC on Thursday said it aims to generate total free cash flow of at least £400 million in the coming three years to put...

Thu, 16/11/2023 - 11:13


Liontrust outflows spike during ‘less comfortable part of journey’

Liontrust Asset Management PLC suffered over £3 billion worth of outflows in its first half as it grapples with a ‘challenging period’ for the sector...

Thu, 16/11/2023 - 10:23


Foresight Solar sells stake in Spanish solar farm Lorca portfolio

Foresight Solar Fund Ltd on Thursday said it sold a 50% stake in its 99 megawatt Lorca portfolio in Spain.

The deal is for €26.9 million,...

Thu, 16/11/2023 - 10:23


City Pubs agrees to Young’s takeover offer; Young’s profit rises

City Pub Group PLC on Thursday agreed to a cash and shares takeover offer from Young & Co’s Brewery PLC worth around £162 million, while...

Thu, 16/11/2023 - 10:11


TOP NEWS: Mars checks into Hotel Chocolat with £530 million offer

Hotel Chocolat Group PLC shares surged on Thursday, after it said it has agreed a takeover offer with US confectionery products manufacturer Mars Inc.

Hotel Chocolat’s...

Thu, 16/11/2023 - 09:47


UPDATE: Assore ‘disappointed’ by Atlantic Lithium takeover rejection

Assore International Holdings Ltd, the major shareholder of Atlantic Lithium Ltd, on Wednesday said the latter missed out on an ‘attractive’ deal by rejecting its...

Wed, 15/11/2023 - 13:54


TRADING UPDATES: BiVictriX patent boost; 4Global deal extended

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

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Bivictrix Therapeutics PLC - Macclesfield, England-based...

Wed, 15/11/2023 - 13:05


IN BRIEF: Cobra Resources shares up on fully subscribed share placing

Cobra Resources PLC - South Australia-focused gold and rare earth exploration company - Says that a previously announced placing is fully subscribed, and will raise...

Wed, 15/11/2023 - 12:13


Sequoia Economic ups asset value, arranges acquisition facility

Sequoia Economic Infrastructure Income Fund Ltd on Wednesday said it arranged a £56 million bilateral loan to finance Pioneer Point Partners LLP’s upcoming acquisition of...

Wed, 15/11/2023 - 11:48


IN BRIEF: Atlantic Lithium rejects takeover offer, stock price soars

Atlantic Lithium Ltd - Sydney-based lithium exploration and development company, with assets in Ghana and Ivory Coast - Rejects non-binding indicative takeover offer from major...

Wed, 15/11/2023 - 11:21


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