Bids, mergers and takeovers


TOP NEWS: Co-op sells petrol stations to Asda for £600 million value

Co-operative Group on Wednesday said it has agreed to sell its petrol forecourt business to food retailing peer Asda for an enterprise value of £600...

Wed, 31/08/2022 - 09:15


IN BRIEF: Tirupati Graphite extends deadline for Suni Resources buy

Tirupati Graphite PLC - London-based company specialising in graphite and graphene - Extends long stop date for the acquisition of Suni Resources SA from Battery...

Tue, 30/08/2022 - 20:41


IN BRIEF: Bango acquires NTT DoCoMo's payments unit for €4 million

Bango PLC - Cambridge-based mobile commerce company - Acquires global payments business of NTT DoCoMo for €4.0 million in cash.

The business, known as DoCoMo...

Tue, 30/08/2022 - 19:18


IN BRIEF: Oakley Capital invests in two TICC-focused companies

Oakley Capital Investments Ltd - Investment vehicle - Notes that Oakley Capital Fund V will be investing into Phenna Group, a platform in the Testing,...

Tue, 30/08/2022 - 19:17


IN BRIEF: Kerry buys Heinz's powdered cheese unit for $107.5 million

Kerry Group PLC - Tralee, Ireland-based nutrition products - Buys business-to-business powdered cheese business from US food company Kraft Heinz Co. Transaction of $107.5 million...

Tue, 30/08/2022 - 14:33


Diurnal shares double on £48 million takeover from Neurocrine

Diurnal Group PLC on Tuesday said it agreed to a £48.3 million takeover from US biopharmaceutical firm Neurocrine Biosciences Inc.

Under the cash acquisition, Diurnal...

Tue, 30/08/2022 - 12:47


Joules shares slump on report that talks for Next investment stall

Joules Group PLC on Tuesday insisted it continues in ‘positive’ discussions with Next PLC over a possible investment, despite Sky News over the weekend reporting...

Tue, 30/08/2022 - 11:50


IN BRIEF: Biffa extends takeover offer deadline for Energy Capital

Biffa PLC - Buckinghamshire-based waste management firm - Extends deadline for Energy Capital Partners LLC to make a takeover offer to September 27 from August...

Tue, 30/08/2022 - 09:33


TOP NEWS: Dechra Pharmaceuticals buys US manufacturer Med-Pharmex

Dechra Pharmaceuticals PLC on Tuesday said it has bought California-based veterinary pharmaceutical manufacturer Med-Pharmex Inc for $260.0 million.

The FTSE-100 veterinary products firm said the...

Tue, 30/08/2022 - 08:49


Grindrod Shipping shares soar after Taylor Maritime Investment offer

Grindrod Shipping Holdings said on Monday Taylor Maritime Investment Ltd had made a non-binding indicative proposal to acquire all shares it does not already own...

Mon, 29/08/2022 - 15:48


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