Bids, mergers and takeovers


TOP NEWS: Pendragon considers unsolicited £405 million takeover bid

Pendragon PLC on Monday said that on September 21 it received an offer from Hedin Mobility Group AB for its entire issued share capital.

Under...

Mon, 26/09/2022 - 10:01


TOP NEWS: RPS Group backs £636 million takeover by Tetra Tech

Professional services firm RPS Group PLC on Monday backed a £636 million takeover offer from Tetra Tech Inc and withdrew its recommendation for a bid...

Mon, 26/09/2022 - 09:54


TOP NEWS: Frasers to make mandatory takeover bid for MySale

Frasers Group PLC on Monday said it was making a ‘mandatory cash offer’ for the remaining shares in MySale Group PLC.

The Shirebrook, England-based retail...

Mon, 26/09/2022 - 09:46


LXi REIT cancels £500 million purchase of 18 Sainsbury's stores

LXi REIT PLC on Monday said it will not proceed with the purchase of 18 stores owned by J Sainsbury PLC, citing ‘current stock-market volatility’....

Mon, 26/09/2022 - 09:26


Babcock trading in line with expectations in ‘dynamic’ market

Babcock International Group PLC on Monday said it is trading in line with expectations for its current financial year, as geopolitical tensions following Russia's invasion...

Mon, 26/09/2022 - 09:21


TRADING UPDATES: Neometals swings to loss; Funding Circle strikes deal

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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Caretech Holdings PLC -...

Fri, 23/09/2022 - 21:02


TOP NEWS: Yamana Gold says Glencore to buy Newmont's 19% stake in Mara

Yamana Gold Inc on Friday said Glencore PLC will buy Newmont Corp's 19% stake in the Mara project.

The Toronto, Canada-based mining company said following...

Fri, 23/09/2022 - 14:48


More Acquisition suspends shares due to planned Megasteel acquisition

More Acquisitions PLC on Friday suspended its shares from trading due to a planned acquisition of Wiltshire, England-based steel distributor Megasteel Ltd.

The special...

Fri, 23/09/2022 - 11:53


TOP NEWS: Made.com puts itself up for sale 15 months after IPO

Made.com Group PLC on Friday said it will conduct a formal review of its strategic options, as the sofa seller grapples with tumbling demand amid...

Fri, 23/09/2022 - 09:17


Conduity Capital takeover of Smarttech247 fails as IPO option prevails

Conduity Capital PLC on Thursday said that Smarttech247, which it had planned to buy, will now seek to list on London's AIM through a direct...

Thu, 22/09/2022 - 12:53


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