Bids, mergers and takeovers

Gore Street Energy buys Californian energy storage for $110 million

Gore Street Energy Storage Fund PLC on Friday said it has agreed to buy Big Rock, an energy storage project located in Imperial County, California.

Gore...

Fri, 17/02/2023 - 08:47

UPDATE: Bluestar confirms takeover approach for troubled Home REIT

Bluestar Group Ltd on Thursday confirmed it has made an ‘indicative proposal’ to acquire embattled real estate investment trust Home REIT PLC.

The news comes...

Thu, 16/02/2023 - 18:22

TOP NEWS: BP buys TravelCenters of America for $1.3 billion

BP PLC on Thursday said it is buying travel centre operator TravelCenters of America Inc for $1.3 billion, to boost its electric vehicle charging offering.

The...

Thu, 16/02/2023 - 14:13

Dalata Hotel buys Maldron Hotel in London; to open in summer 2023

Dalata Hotel Group PLC on Thursday said it has bought its first London-based Maldron Hotel, which is due to open in summer.

The Dublin-based hotel chain...

Thu, 16/02/2023 - 12:12

Devro recommends increased £564 million Saria takeover offer

Devro PLC on Thursday said it received an increased and ‘final’ takeover offer from Saria Nederland BV, an indirect subsidiary of Saria SE & Co...

Thu, 16/02/2023 - 10:55

Hollywood Bowl marks place in Canada with three new bowling centres

Hollywood Bowl Group PLC on Thursday said it has brought three Canadian-based bowling businesses for C$12 million, about £7.5 million.

The Hertfordshire, England-based ten-pin bowling operator...

Thu, 16/02/2023 - 10:16

IN BRIEF: Holcim buys thermoplastic roof maker to expand into markets

Holcim Ltd - Zug, Switzerland-based building materials manufacturer - Buys a manufacturer of thermoplastic roofs with a strong presence in fast-growing European markets, FDT Flashdach...

Thu, 16/02/2023 - 09:41

Home REIT faces crisis talks amid takeover offer from Bluestar

Home REIT PLC on Thursday said it has received an unsolicited acquisition approach, as the company continues to face issues over rent payment.

Home REIT is...

Thu, 16/02/2023 - 09:01

Crestchic’s takeover by Aggreko clears another hurdle

Crestchic PLC on Monday said the agreed £122 million takeover by Aggreko has cleared another hurdle.

One condition of the deal was confirmation that no action...

Wed, 15/02/2023 - 18:04

Flybe administrators unable to find buyer

Administrators for Flybe have been unable to find a buyer for the collapsed airline.

Interpath said it will begin ‘winding down the business’ and ‘identifying options’...

Wed, 15/02/2023 - 15:15

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