Bids, mergers and takeovers


Pennon acquires three renewable energy projects for £85 million

Pennon Group PLC announced on Tuesday that it had acquired three further renewable energy projects that are based around the UK.

Pennon, an Exeter, England-based...

Tue, 11/07/2023 - 08:07


STM Group agrees to possible £40 million cash takeover offer

STM Group PLC on Tuesday said it has agreed in principal to a potential cash takeover offer worth nearly triple its current share price.

The London-based...

Tue, 11/07/2023 - 07:57


IN BRIEF: RM Infrastructure Income mulls asset combination approaches

RM Infrastructure Income PLC - invests in loans to infrastructure assets - Further to announcement on May 23, RMII says it has consulted widely with...

Mon, 10/07/2023 - 16:41


Ignite Luxembourg and RHI Magnesita extend acceptance period

Ignite Luxembourg Holdings Sarl and Magnesita NV have extended the acceptance period to buy a stake in RHI Magnesita to July 21.

RHI Magnesita is...

Mon, 10/07/2023 - 14:41


Mondi agrees to acquire Hinton pulp mill in Canada for $5 million

Mondi PLC on Monday it had agreed to acquire a Canadian pulp mill for $5 million from West Fraser Timber Co Ltd.

As part of...

Mon, 10/07/2023 - 13:06


Approvals for $250 million Chaarat investment unlikely by July end

Chaarat Gold Holdings Ltd on Monday said the necessary approvals were unlikely to be received for a $250 million equity investment from Xiwang International Co...

Mon, 10/07/2023 - 12:46


UPDATE: Polymetal increases interest in Baksy property to 75%

Polymetal International PLC on Monday said it has increased its interest in the Baksy property in Kazakhstan to 75%.

The company increased its stake in the...

Mon, 10/07/2023 - 12:14


DWF shares jump on takeover approach from Inflexion Private Equity

DWF Group PLC on Monday confirmed a Bloomberg report that it was in talks about a potential takeover with Inflexion Private Equity Partners.

The Manchester-based...

Mon, 10/07/2023 - 10:56


Sopheon acquires Australian software provider Prodex for A$1 million

Sopheon PLC on Monday said that it had acquired the business and assets of Prodex Systems Australasia for A$1 million, or around £518,195.

Sopheon, the Surrey,...

Mon, 10/07/2023 - 10:17


Helium One buys Epiroc drilling rig; aims to drill in September

Helium One Global Ltd on Monday said it has acquired an Epiroc Predator 220 drilling rig for use at its Rukwa project in Tanzania.

Helium One...

Mon, 10/07/2023 - 09:55


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