Bids, mergers and takeovers


UPDATE: HSBC hails ‘milestone’ as buys Citi consumer wealth in China

HSBC Holdings PLC on Monday declared the acquisition of Citigroup Inc’s consumer wealth management portfolio in China to be a ‘milestone’ on the road to...

Mon, 09/10/2023 - 08:15


Sirius Real Estate interim like-for-like rent roll up as expected

Sirius Real Estate Ltd said on Monday it continued experience ‘strong’ trading in the first half of its financial year in line with its expectations....

Mon, 09/10/2023 - 08:11


TOP NEWS: HSBC buys Citigroup consumer wealth business in China

Citigroup Inc on Monday announced it has agreed to sell its onshore consumer wealth portfolio in China to HSBC Bank China, an arm of London-based...

Mon, 09/10/2023 - 06:58


Metro Bank announces new deal with investors to shore up finances

Metro Bank Holdings PLC has announced a new deal with investors to shore up its finances.

The deal includes a £325 million capital raise and £600...

Mon, 09/10/2023 - 05:58


PRESS: Metro Bank could receive bid interest amid financing talks

Metro Bank Holdings PLC is in talks for potential financing over the weekend and could potentially receive takeover interest, according to reports from the Times.

According...

Sun, 08/10/2023 - 14:19


IN BRIEF: Kingswood makes final payment for Sterling Trust deal

Kingswood Holdings Ltd - London-based wealth manager - Announces that it has made the final deferred consideration payment of £1.8 million relating to the acquisition...

Fri, 06/10/2023 - 18:20


Oryx International Growth notes bids for its holdings

Oryx International Growth Fund Ltd on Friday noted bids for its holdings in Tribal Group PLC, Pendragon PLC and Smoove PLC.

The Guernsey-based investment fund said...

Fri, 06/10/2023 - 14:16


600 Group notes letter of intent by subsidiary for potential disposal

600 Group PLC said its subsidiary 600 Group Inc is mulling a disposal of a majority interest in the business and assets of TYKMA Electrox...

Fri, 06/10/2023 - 12:02


AssetCo to sell stake in River & Mercantile Infrastructure for £1

AssetCo PLC, and its wholly-owned subsidiary River & Mercantile Holdings Ltd, on Friday announced they have reached an agreement in principle to sell their interest...

Fri, 06/10/2023 - 12:02


Location Sciences makes ‘significant’ progress in planned Sorted buy

Location Sciences Group PLC on Friday said it has made ‘significant’ progress on its proposed acquisition of Sorted Holdings Ltd.

In late June, London-based location data...

Fri, 06/10/2023 - 11:36


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