Bids, mergers and takeovers

THG backer Kelso pushes for demerger to trim ‘inherent’ valuation gap

THG PLC investor Kelso Group Holdings PLC on Thursday reiterated its call for a demerger, which the shareholder believes will help close the ‘disparity’ between...

Thu, 07/12/2023 - 12:54

SDI shares fall as profit plummets on slowdown and destocking

SDI Group PLC on Thursday said its first-half performance was hurt by slowdowns in China and Germany, with its profit falling despite increased revenue.

The stock...

Thu, 07/12/2023 - 11:54

Eurasia Mining says no terms agreed on sale of Russian assets

Eurasia Mining PLC on Thursday said no terms have yet been agreed regarding the possible sale of Russian assets, which the company said it had...

Thu, 07/12/2023 - 11:52

Kin & Carta shares rise on ‘increased and final’ takeover offer

Kin & Carta PLC on Thursday said it and a group of Apax Partners LLP funds have agreed on an increased cash offer which values...

Thu, 07/12/2023 - 10:31

Smart Metering Systems stock soars on £1 billion takeover offer

Smart Metering Systems PLC on Thursday said it has agreed on the terms of an all-cash private equity acquisition that values it at approximately £1.4...

Thu, 07/12/2023 - 09:32

IN BRIEF: STM shareholders approve takeover by Jambo

STM Group PLC - London-based cross-border financial services provider, operating in the UK, Gibraltar, Malta, Spain and Australia - Says the majority of shareholders vote...

Wed, 06/12/2023 - 14:29

IN BRIEF: Altona acquires majority stake in Monte Muambe company

Altona Rare Earths PLC - mining exploration company focused on the evaluation, acquisition and development of projects in Africa - Increases holding in Monte Muambe...

Wed, 06/12/2023 - 13:27

Zenith Energy demands over $85 million from Tunisian government

Zenith Energy Ltd shares jumped up on Wednesday after it announced a formal claim for $85.8 million in damages from the Republic of Tunisia over...

Wed, 06/12/2023 - 11:57

IN BRIEF: GSTechnologies buys majority stake in Singapore-based Semnet

GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Agrees to acquire around 67% of Singapore-based cybersecurity firm, Semnet Pte Ltd for $1.8...

Wed, 06/12/2023 - 11:41

Wentworth shares jump on progress in takeover talks with M&P

Wentworth Resources PLC on Wednesday said all parties are working to satisfy governmental approval conditions regarding Etablissements Maurel & Prom SA’s takeover offer.

Shares in...

Wed, 06/12/2023 - 09:44

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