Bids, mergers and takeovers


XLMedia partially disposes Personal Finance assets for $1.3 million

XLMedia PLC on Tuesday said it partially disposed of the group’s Personal Finance assets for $1.3 million.

The Henley-on-Thames-based digital publisher said the disposal was in...

Tue, 30/05/2023 - 17:12


IN BRIEF: Argos Resources share cancellation pushed back beyond May

Argos Resources Ltd - Falkland Islands-based oil and gas exploration company focused on the North Falkland Basin - Confirms that at general meeting on May...

Tue, 30/05/2023 - 16:44


UPDATE: ’No price hikes’ in supermarket as Asda buys EG

The chair of Asda Stores Ltd has promised that food prices will not go up because of a deal to buy the UK business of...

Tue, 30/05/2023 - 13:54


LendInvest sells buy-to-let residential mortgages hurt by rate hikes

LendInvest PLC on Tuesday announced the sale of a portfolio of buy-to-let residential mortgages to Chetwood Financial Ltd for around £243 million.

The London-based non-bank mortgage...

Tue, 30/05/2023 - 12:11


UPDATE: RHI Magnesita considers response as Rhone offers to buy stake

Shareholders of RHI Magnesita NV on Tuesday received an offer for a 20% stake in the company that values RHI as a whole at £1.38...

Tue, 30/05/2023 - 11:31


IN BRIEF: Mining Minerals & Metals loss narrows, acquisitions progress

Mining Minerals & Metals PLC - London-headquartered acquisition vehicle seeking assets in natural resources sector - Reports £159,478 pretax loss for year ended January 31,...

Tue, 30/05/2023 - 10:22


TOP NEWS: Rhone offers to buy stake in RHI Magnesita at 40% premium

Shareholders of RHI Magnesita NV on Tuesday received an offer for a 20% stake in the company that values RHI as a whole at £1.38...

Tue, 30/05/2023 - 09:06


PRESS: HSBC set to announce rebranding of Silicon Valley Bank UK

HSBC Holdings PLC will announce plans to rebrand Silicon Valley Bank UK, after it rescued the bank following the collapse of its US parent earlier...

Tue, 30/05/2023 - 08:49


Asda buys petrol empire from its owners for £2.3 billion

Asda Stores Ltd has bought its sister business EG Group’s UK and Irish operations for £2.27 billion, it said on Tuesday, bringing another 350 petrol...

Tue, 30/05/2023 - 08:21


Bunzl to buy two businesses in Brazil and Spain for undisclosed sums

Bunzl PLC on Tuesday said it has agreed to buy safety businesses in Brazil and Spain, reaching milestone of 200 acquisitions announced since 2004.

The distribution...

Tue, 30/05/2023 - 08:17


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