Bids, mergers and takeovers


AdvancedAdvt loss widens as incurs costs from failed M&C Saatchi deal

AdvancedAdvt Ltd on Friday reported a significantly widened loss after its failed attempt to acquire advertising agency M&C Saatchi PLC, but it retained significant cash...

Fri, 14/10/2022 - 12:58


IN BRIEF: Gunsynd investee Pacific Nickel allots 15.6 million shares

Gunsynd PLC - London-based investment company focused on the natural resources, life sciences & alcohol sector - Investee company Pacific Nickel Mines Ltd allots 15.6...

Fri, 14/10/2022 - 11:52


Airtel Africa buys additional spectrum in Zambia for $29 million

Airtel Africa PLC on Friday said its subsidiary Airtel Zambia Networks Ltd has bought 60 megahertz of additional spectrum in Zambia for $29 million.

The...

Fri, 14/10/2022 - 09:32


Diageo to raise stake in East African Breweries to 65% via subsidiary

Diageo PLC on Friday said it plans to increase its stake in Nairobi-based East African Breweries PLC via its subsidiary Diageo Kenya Ltd.

Diageo, which...

Fri, 14/10/2022 - 08:41


TOP NEWS: Mondi profit leaps on lofty prices; awaiting Russia cash

Mondi PLC on Friday said its performance in the third quarter was strong as high selling prices helped offset significant cost pressures, boosting profit....

Fri, 14/10/2022 - 08:30


IN BRIEF: Castelnau invests in equity and loan of Silverwood Brands

Castelnau Group Ltd - closed-ended investment firm - Invests £1.6 million in equity and an unsecured loan of £4.4 million in Silverwood Brands PLC. Says...

Fri, 14/10/2022 - 07:33


IN BRIEF: Airtel Africa subsidiary invests $60 million in 5G rollout

Airtel Africa PLC - Africa-focused telecommunications firm - Notes subsidiary Airtel Tanzania PLC buys 140 megahertz of additional spectrum spread across the 2,600MHz and 3,500MHz...

Thu, 13/10/2022 - 12:17


IN BRIEF: Oakley Capital agrees partial exit from Wishcard

Oakley Capital Investments Ltd - Investment vehicle - Notes Oakley Capital Fund IV will sell part of its stake in Wishcard Technologies Group GmbH, a...

Thu, 13/10/2022 - 11:27


Alphawave buys DSP chip developer Banias Labs for $240 million

Alphawave IP Group PLC on Thursday said it has bought Banias Labs for $240 million, strengthening its potential $300 million roadmap.

Banias Labs is an...

Thu, 13/10/2022 - 11:23


Workspace touts increase in rent as McKay acquisition nearly complete

Workspace Group PLC on Thursday said rent increased in its second quarter and half-year

Workspace is a London-based real estate investment trust. Its shares...

Thu, 13/10/2022 - 10:46


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