Bids, mergers and takeovers


Supermarket Income buys South Wales Tesco store for £66.8 million

Supermarket Income REIT PLC on Wednesday said it has bought a Tesco PLC supermarket in Llanelli, South Wales for £66.8 million.

The real estate investor...

Wed, 14/09/2022 - 08:48


IN BRIEF: Frenkel Topping buys Somek & Associates and N-Able Service

Frenkel Topping Group PLC - Manchester-based professional and financial services firm focused on asset protection - Acquires legal services firm Somek & Associates Ltd and...

Tue, 13/09/2022 - 14:30


IN BRIEF: M&C Saatchi rejects ‘derisory’ AdvancedAdvt takeover offer

M&C Saatchi PLC - London-based advertising agency - Unanimously recommends that M&C Saatchi shareholders reject an offer by AdvancedAdvt Ltd by taking no action in...

Tue, 13/09/2022 - 14:01


IN BRIEF: Custodian REIT buys distribution facility for £11 million

Custodian REIT PLC - Leicester, England-based real estate investment trust - Buys a 91,955 square feet distribution facility located between Glasgow and Edinburgh for £11.1...

Tue, 13/09/2022 - 10:55


IN BRIEF: Tremor International closes Amobee acquisition

Tremor International Ltd - London-listed digital advertising firm focused on video, data & connected TV - Closes its $239 million acquisition of global advertising platform...

Tue, 13/09/2022 - 10:23


Home REIT adds 158 properties to portfolio for £57 million

Home REIT PLC on Tuesday said it has made further advancements in its acquisition pipeline, adding 711 beds to its portfolio.

The London-based homeless...

Tue, 13/09/2022 - 10:20


IN BRIEF: abrdn sells stake in HDFC Life Insurance for £262 million

abrdn PLC - Edinburgh-based investment company - Says wholly owned subsidiary abrdn (Mauritius Holdings) 2006 Ltd, or amH06, sells 43.0 million shares in HDFC Life...

Tue, 13/09/2022 - 09:17


PRESS: Aveva closer to agreed takeover by Schneider Electric - Sky

Aveva PLC is edging closer towards a deal which will see the company be taken over by French industrial group Schneider Electric SE, Sky News...

Mon, 12/09/2022 - 21:13


BP buys power supplier EDF Energy Services to expand in US

BP PLC announced on Monday that will acquire, through its American division, power and gas provider EDF Energy Services.

The London-based oil & gas firm...

Mon, 12/09/2022 - 20:27


PRESS: Frasers eyes Savile Row outfit as latest retailer to rescue

Frasers Group PLC is plotting a takeover of a struggling tailor situated in London's iconic Savile Row street, Sky News reported on Sunday.

Mike...

Mon, 12/09/2022 - 15:29


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