Bids, mergers and takeovers

TOP NEWS: Lloyds Banking profit virtually flat as announces buyback

Lloyds Banking Group PLC on Wednesday reported a nearly flat profit for 2022, due to credit impairments, but it announced a share buyback programme and...

Wed, 22/02/2023 - 09:13

Duke Royalty invests further £1.8 million into royalty partner InTec

Duke Royalty Ltd on Tuesday announced a follow-on investment of £1.8 million into its existing royalty partner InTec Business Solutions Ltd to fund its latest...

Tue, 21/02/2023 - 16:31

Hyve shares jump on takeover approach from Providence Equity

Hyve Group PLC on Tuesday confirmed it received a £300 million takeover approach from Providence Equity LLP and is considering its position.

Hyve, a London-based events...

Tue, 21/02/2023 - 12:27

Vodafone closes sale of Ghana arm to Telecel; 5G initiative advances

Vodafone Group PLC on Tuesday said it completed the sale of its 70% shareholding in Vodafone Ghana to Telecel Group.

Financial details were not disclosed.

Separately,...

Tue, 21/02/2023 - 08:36

TOP NEWS: BHP interim profit slumps; hopeful of Chinese demand

BHP Group Ltd on Tuesday reported a sharp drop in interim profit, mostly due to falling prices for iron ore and copper, as it put...

Tue, 21/02/2023 - 05:02

IN BRIEF: Upland increases stake in Upland Big Oil Venture JV to 45%

Upland Resources Ltd - Malaysia-focused upstream oil and gas company - Agrees with Big Oil Ventures Sdn Bhd to increase its interest in the Sarawak...

Mon, 20/02/2023 - 18:12

Shell completes Nature Energy acquisition, sees double-digit returns

Shell PLC on Monday completed the acquisition of Danish biogas producer Nature Energy.

The $2 billion deal announced in November supports Shell‘

Mon, 20/02/2023 - 17:30

Maurel & Prom says will not lift £62 million Wentworth offer

Wentworth Resources PLC will not receive a sweetened takeover bid, despite a somewhat mixed response to an agreed offer from Etablissements Maurel & Prom SA....

Mon, 20/02/2023 - 14:04

Silverwood says Lush refuses payment in shares for 20% stake purchase

Silverwood Brands PLC on Monday said Lush Cosmetics Ltd and Cosmetic Warriors Ltd refused to record the transfer of Silverwood shares as part of its...

Mon, 20/02/2023 - 11:14

Eleco sells subsidiary Eleco Software to FirstInVision for €600,000

Eleco PLC on Monday said it has sold its wholly owned subsidiary Eleco Software GmbH, the German Arcon architectural CAD business, for €600,000.

The London-based construction...

Mon, 20/02/2023 - 11:09

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