Bids, mergers and takeovers


IN BRIEF: Alfa in preliminary discussions over Thomas H Lee takeover

Alfa Financial Software Holdings PLC - London-based software developer - Notes media reports and confirms it is in preliminary discussions with Thomas H Lee Partners...

Wed, 27/09/2023 - 11:21


Saga half-year revenue rises as backtracks on underwriting arm sale

Saga PLC on Wednesday reported improved half-year earnings and said it has paused a planned sale of its insurance underwriting arm, believing it can generate...

Wed, 27/09/2023 - 11:12


IN BRIEF: Hiscox agrees to sell DirectAsia to Ignite Thailand

Hiscox Ltd - Hamilton, Bermuda-based insurer - Enters agreement to sell DirectAsia, its business operations in Singapore and Thailand, to Ignite Thailand Holdings Ltd. Expects...

Wed, 27/09/2023 - 10:42


Pendragon reports rising profit as takeover race hots up

Pendragon PLC on Wednesday reported improved half-year earnings, as it mulls over a pair of takeover offers, after backing a deal to sell its entire...

Wed, 27/09/2023 - 10:33


TOP NEWS: Flutter acquires MaxBet majority stake for €141 million

Flutter Entertainment PLC on Wednesday said it has acquired an initial 51% stake in Serbian omni-channel sports betting and gaming operator MaxBet for €141 million...

Wed, 27/09/2023 - 09:04


IN BRIEF: Pendragon receives rival bid approach from AutoNation

Pendragon PLC - Nottingham, England-based automotive retailer - Receives unsolicited proposal from AutoNation Inc to acquire the company for 32 pence per share, cash. Proposal...

Tue, 26/09/2023 - 21:40


TRADING UPDATES: Cohort trading ahead of expectations, record orders

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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Cohort PLC - Reading, England-based defence...

Tue, 26/09/2023 - 19:38


Finsbury Food grows profit and revenue as DBAY takeover gathers steam

Finsbury Food Group PLC on Tuesday said revenue and profit both increased in its latest fiscal year, as preparations for its £143 million acquisition by...

Tue, 26/09/2023 - 14:11


IN BRIEF: Bowleven considering needed equity injection at big discount

Bowleven PLC - oil and gas, exploration and production in Cameroon - Considering fundraising proposal that would involve an unnamed shareholder providing equity capital at...

Tue, 26/09/2023 - 12:14


IN BRIEF: Esken says Carlyle files claim against Southend Airport

Esken Ltd - Liverpool-based infrastructure, aviation and energy services - Carlyle Global Infrastructure Fund files claim in UK High Court against Esken’s wholly owned subsidiary...

Tue, 26/09/2023 - 12:01


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