Bids, mergers and takeovers


IN BRIEF: Coats plans capital raise to fund Rhenoflex acquisition

Coats Group PLC - Uxbridge, England-based industrial thread maker - Agrees to buy Rhenoflex GmbH, a maker of sustainable structural materials for the footwear industry,...

Wed, 10/08/2022 - 17:38


IN BRIEF: Galileo Resources increases interest in Zimbabwe projects

Galileo Resources PLC - London-based mining company focused in the US and Africa - Agrees to acquire a further 29% stake in BC Ventures Ltd,...

Wed, 10/08/2022 - 14:38


IN BRIEF: Afentra shares up 68% as resume trading ahead of Angola deal

Afentra PLC - upstream operator in Africa with carried interest in Odewayne block onshore southwestern Somaliland - Calls general meeting for August 30 for shareholders...

Wed, 10/08/2022 - 14:31


IN BRIEF: Asia Wealth annual profit falls; blames accounting rules

Asia Wealth Group Holdings Ltd - Asia-focused investor in wealth management businesses - Posts a drop in profit and revenue, which it attributes to accounting...

Wed, 10/08/2022 - 14:21


abrdn European Logistics buys €4.9 million warehouse in Netherlands

abrdn European Logistics Income PLC on Wednesday said it has acquired a recently completed warehouse extension at Waddinxveen, Netherlands, for €4.9 million.

The European-focused logistics...

Wed, 10/08/2022 - 12:04


DigitalBox interim revenue exceeds expectations; warns on second half

DigitalBox PLC on Wednesday said revenue in the first half of 2022 was ‘significantly’ ahead of expectations, but it warned on a slowdown in the...

Wed, 10/08/2022 - 11:43


Power generator ContourGlobal profit jumps ahead of takeover by KKR

ContourGlobal PLC on Wednesday reported surging half-year net profit as it beat its own expectations.

Net profit in the six months to June 30 quadrupled...

Wed, 10/08/2022 - 10:47


TOP NEWS: RS to buy Mexican automation product distributor Risoul

RS Group PLC on Wednesday said it has agreed to buy Risoul y Cia SA de CV for a cash consideration of $275 million on...

Wed, 10/08/2022 - 08:44


Serica and Kistos rule out takeover offers after rebuffed approaches

- Serica Energy PLC and Kistos PLC on Tuesday said they do not intend to make offers for each other after both rejected approaches from...

Tue, 09/08/2022 - 17:34


BP to sell 50% stake in Toledo refinery in $300 million deal

BP PLC on Monday said it has reached an agreement to sells its 50% in the BP-Husky Toledo refinery in the US state of Ohio...

Tue, 09/08/2022 - 14:11


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