Bids, mergers and takeovers


IMI optimistic of growth after buying US-based flow control business

IMI PLC on Monday said it has bought CorSolutions LLC, a New York-based micro-fluid control company, for an initial cash consideration of $10.0 million.

IMI...

Mon, 31/10/2022 - 10:43


Asda seals £600 million takeover of Co-op petrol forecourts

Asda Stores Ltd has confirmed the completion of its approximately £600 million deal to buy the Co-op Food Group Ltd's petrol forecourt business.

It said...

Mon, 31/10/2022 - 08:52


PRESS: Tesla held talks to take up to 20% stake in Glencore - FT

Tesla Inc engaged in discussions with Glencore PLC about taking a stake in the Swiss-based miner and commodities trader, the Financial Times reported on Monday....

Mon, 31/10/2022 - 06:40


TRADING UPDATES: SulNOx, Marwyn loss widens; Kropz gets new facility

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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Tullow Oil PLC -...

Fri, 28/10/2022 - 21:18


Taylor Maritime Investments NAV falls after Grindrod offer

Taylor Maritime Investments Ltd on Thursday reported that its net asset value per share had fallen marginally as it continues its attempted acquisition of Grindrod...

Fri, 28/10/2022 - 15:00


TRADING UPDATES: DeepVerge fundraises; Tintra narrows interim loss

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

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Kingswood Holdings Ltd -...

Fri, 28/10/2022 - 14:36


Industrials REIT puts acquisitions on hold, expects tough conditions

Industrials REIT Ltd said on Friday it had put acquisitions largely on hold as it warned that the "trading environment will become more difficult over...

Fri, 28/10/2022 - 11:49


ContourGlobal acquisition on track; triples profit in year-to-date

ContourGlobal PLC on Friday said its fleet has put in a strong performance in the first nine months of the year, and its takeover by...

Fri, 28/10/2022 - 09:15


Tetra Tech enters senior secured loan facility in RPS acquisition

Tetra Tech Inc on Thursday said it has reached agreement on the terms of its proposed acquisition of RPS Group PLC, an Abingdon, England-based professional...

Thu, 27/10/2022 - 15:02


IN BRIEF: Made ends formal sale process as sees no prospect of offer

Made.com Group PLC - London-based furniture retailer - Ends formal sale process, as determines "there is no reasonable prospect that an offer" will be made...

Thu, 27/10/2022 - 14:48


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