Bids, mergers and takeovers


TOP NEWS: Rathbone agrees to merge with Investec UK wealth arm

Investec PLC and Ltd Rathbones Group PLC on Tuesday said they have agreed an all-share merger of Rathbones with Investec Wealth & Investment Ltd to...

Tue, 04/04/2023 - 08:09


IN BRIEF: HgCapital Trust reduces commitment to HG Saturn

HgCapital Trust PLC - London-based investment vehicle that provides shareholders access to the unquoted businesses managed by New York-based Hg - Completes the 15% reduction...

Mon, 03/04/2023 - 19:57


Franchise Brands swoops for Hydraulic Authority, raises equity

Franchise Brands PLC on Monday purchased Hydraulic Authority I Ltd, the owner of Pirtek Europe, an established European provider of on-site hydraulic hose replacement and...

Mon, 03/04/2023 - 19:30


IN BRIEF: Foresight VCT sells portfolio companies for £11.9 million

Foresight VCT PLC - invests in UK small and medium-sized enterprises, with a current portfolio of 40 companies across a range of sectors - Announces...

Mon, 03/04/2023 - 18:30


TRADING UPDATES: Redx confirms Jounce deal lapses, Tirupati seals deal

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

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Redx Pharma PLC - Macclesfield, England-based...

Mon, 03/04/2023 - 18:05


IN BRIEF: Severfield completes €24 million acquisition of Voortman

Severfield PLC - North Yorkshire, England-based structural steel group - Says that, following the satisfactory completion of the works council consultation process as required under...

Mon, 03/04/2023 - 15:56


TRADING UPDATES: Lords Group buys Chiltern Timber; SRT wins contract

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

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Lords Group Trading PLC - London-based distributor...

Mon, 03/04/2023 - 14:32


UPDATE: Teck Resources rejects all-share takeover bid by Glencore

New York-listed Teck Resources Ltd on Monday said that it had received and its board unanimously rejected an ‘unsolicited and opportunistic’ acquisition proposal from Glencore...

Mon, 03/04/2023 - 13:51


TOP NEWS: Glencore bid to acquire Teck Resources rebuffed

New York-listed Teck Resources Ltd on Monday said that it had received and unanimously rejected an ‘unsolicited and opportunistic’ acquisition proposal from Glencore PLC.

Glencore offered...

Mon, 03/04/2023 - 12:51


TOP NEWS: Cineworld agrees restructuring leaving shareholders in cold

Cineworld Group PLC on Monday said it has entered into a restructuring support agreement and backstop commitment agreement with lenders to support its financing plan.

Shares...

Mon, 03/04/2023 - 11:05


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