Bids, mergers and takeovers


Pendragon rebuffs approach from Hedin Mobility and PAG International

Pendragon PLC on Wednesday said it had unanimously rejected an unsolicited and preliminary proposal from Hedin Mobility Group AB and PAG International Ltd to jointly...

Wed, 20/09/2023 - 16:41


TRADING UPDATES: Capital inks contract; Lansdowne becomes cash shell

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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Capital Ltd - UK-based mining services...

Wed, 20/09/2023 - 14:37


Elementis refuses Franklin Templeton’s request for immediate sale

Elementis PLC on Wednesday responded publicly to an open letter from Franklin Templeton, saying that it disagrees with the shareholder’s request to sell off its...

Wed, 20/09/2023 - 14:21


Journeo buys Danish firm MultiQ in €2.5 million deal

Journeo PLC on Wednesday said it has bought MultiQ Denmark AS for €2.5 million.

Shares in the Leicestershire-based transport system services provider were up 5.4% to...

Wed, 20/09/2023 - 13:03


Oxford BioMedica shares up, in talks to buy ABL Europe but loss widens

Oxford BioMedica PLC on Wednesday said loss widened in the first half of 2023 as revenue fell, while it noted being in exclusive talks to...

Wed, 20/09/2023 - 12:21


Round Hill Music celebrates revenue rise on active music management

Round Hill Music Royalty Fund Ltd on Wednesday touted the quality of its catalogue, alongside effective and active management, after seeing revenue rise in the...

Wed, 20/09/2023 - 11:38


Close Brothers agrees Bluestone Motor Finance deal for undisclosed fee

Close Brothers Group PLC on Wednesday said it has agreed to buy Irish motor finance provider Bluestone Motor Finance (Ireland) DAC.

The London-based merchant banking group...

Wed, 20/09/2023 - 10:23


Finsbury Food shares jump 20% as accepts £143 million takeover offer

Finsbury Food Group PLC on Wednesday said it has accepted a private equity buyout offer worth £143.4 million.

The takeover offer is from investment funds managed...

Wed, 20/09/2023 - 09:35


TOP NEWS: AstraZeneca’s rare disease business buys Pfizer portfolio

AstraZeneca PLC on Wednesday said rare disease business Alexion has signed a purchase and licence agreement for a rare disease programme portfolio from Pfizer Inc.

The...

Wed, 20/09/2023 - 08:44


Rotala shares jump on £19.4 million management-led bid proposal

Rotala PLC on Tuesday said a management-led team has proposed buying the company for around £19.4 million.

The Tividale, West Midlands-based bus operator said the 63.5...

Tue, 19/09/2023 - 20:57


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