Bids, mergers and takeovers


UPDATE: Glencore sizes up Teck coal assets and backs SPAC deal

Glencore PLC on Monday said it has mounted a bid to acquire Teck Resources Ltd’s steel-making coal business, after previous efforts to capture all of...

Mon, 12/06/2023 - 11:51


One Heritage reaches practical completion of Oscar House in Manchester

One Heritage Group PLC on Monday announced the practical completion of Oscar House in Manchester.

One Heritage is a UK-based residential developer focused on the north...

Mon, 12/06/2023 - 11:45


HSBC relaunches Silicon Valley Bank UK as HSBC Innovation Banking

HSBC Holdings PLC on Monday launched HSBC Innovation Banking, its rebrand of Silicon Valley Bank UK, which HSBC bought following the collapse of its US...

Mon, 12/06/2023 - 10:54


SDX Energy shares up as it mulls Egyptian assets sale, receives offers

SDX Energy PLC on Monday said it has received multiple offers regarding its Egyptian assets and is evaluating them.

The Egypt and Morocco-focused energy company said...

Mon, 12/06/2023 - 10:32


IN BRIEF: Ocean Wilsons notes Wilson Sons sale rumours, holds review

Ocean Wilsons Holdings Ltd - Bermuda-based investor and operator of Wilson Sons SA, a maritime services company in Brazil - Notes recent media speculation in...

Mon, 12/06/2023 - 09:58


CVC Advisors will not make takeover offer for Network International

CVC Advisers Ltd and Francisco Partners Management Ltd on Monday said it no longer intends to make a takeover offer for Network International Holdings PLC.

The...

Mon, 12/06/2023 - 09:11


Syncona launches new gene therapy company with £96 million funding

Syncona Ltd on Monday said it launched Beacon Therapeutics Holdings Ltd, a new ophthalmic therapy company, to treat patients with retinal diseases.

The London-based investor...

Mon, 12/06/2023 - 08:44


TOP NEWS: Glencore approaches Teck to buy steel-making coal business

Glencore PLC on Monday confirmed recent press reports that it submitted a cash takeover proposal for Teck Resources Ltd’s steel-making coal business.

The Barr, Switzerland-based miner...

Mon, 12/06/2023 - 08:16


TRADING UPDATES: Tintra in Rwandan push, Steepe Cement profit flat

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

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Steppe Cement Ltd - Karaganda, Kazakhstan-based...

Fri, 09/06/2023 - 20:12


Nightcap adds Dirty Martini to portfolio for £4.7 million price tag

Nightcap PLC on Friday said it has bought DC Bars Ltd, the operator of the Dirty Martini chain of cocktail bars, and Tuttons Brasserie Ltd...

Fri, 09/06/2023 - 18:35


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