Bids, mergers and takeovers

Logistics Development investee to return cash after share value fall

Logistics Development Group PLC on Thursday its investee Synsion TopCo has returned €4.1 million in a cash payment to make up for the fall in...

Thu, 09/02/2023 - 14:24

Wentworth subsidiary Fidelity International objects to proposed sale

Wentworth Resources PLC on Thursday it received notification from minority shareholder Fidelity International that it intends to vote against the acquisition agreement, in which Wentworth...

Thu, 09/02/2023 - 13:45

IN BRIEF: VinaCapital Vietnam invests in advertising firm Chicilon

VinaCapital Vietnam Opportunity Fund Ltd - fund of investment manager VinaCapital, investing in listed, private equity state-owned enterprise assets in Vietnam - Makes a private...

Thu, 09/02/2023 - 12:59

CORRECT: Abu Dhabi’s FAB explores potential Standard Chartered deal

(Correcting Standard Chartered’s market value, which is around $24 billion, not $24 million)

First Abu Dhabi Bank PJSC is pressing ahead with a potential $35 billion...

Thu, 09/02/2023 - 10:47

PRESS: Abu Dhabi’s FAB explores $35 billion Standard Chartered offer

First Abu Dhabi Bank PJSC is pressing ahead with a potential $35 billion offer for Standard Chartered PLC, according to Bloomberg reports on Thursday.

Standard Chartered...

Thu, 09/02/2023 - 10:16

TOP NEWS: MGM Resorts says ‘no’ to potential Entain takeover

Entain PLC shares took a hit on Thursday, as former suitor MGM Resorts International confirmed it was no longer considering a takeover for the gambling...

Thu, 09/02/2023 - 10:05

Diversified Energy raises $163 million to fund Tanos acquisition

Diversified Energy Co PLC on Thursday said it has raised $163.0 million in gross proceeds via a share placing.

The Alabama, US-based gas and oil production...

Thu, 09/02/2023 - 10:03

Great Portland Estates sells net-zero office block for £190 million

Great Portland Estates PLC on Thursday said it has completed the sale of the newly refurbished 50 Finsbury Square in East London for £190.0 million.

The...

Thu, 09/02/2023 - 09:40

7digital backs £19 million buyout by music licensing firm Songtradr

7digital Group PLC on Wednesday agreed to a £19.4 million takeover from music licensing company Songtradr Inc.

Songtradr will pay 0.695 pence per 7digital share,...

Wed, 08/02/2023 - 16:56

IN BRIEF: AdePT agrees acquisition by Thetis Bidco for £50.3 million

AdEPT Technology Group PLC - Kent, England-based managed services and telecoms provider - Agrees with Thetis Bidco Ltd on terms of £50.3 million cash offer...

Wed, 08/02/2023 - 16:01

Pages