Bids, mergers and takeovers


TRADING UPDATES: Capital backs outlook; Northcoders trades well

The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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Destiny Pharma PLC -...

Tue, 19/07/2022 - 20:01


UK business secretary signs off on Meggitt-Parker Hannifin acquisition

UK Secretary of State for Business, Energy & Industrial Strategy Kwasi Kwarteng on Tuesday announced he has cleared the acquisition of defence contractor Meggitt PLC...

Tue, 19/07/2022 - 19:39


IN BRIEF: Palace Capital opts out of ESG move after shareholder chat

Palace Capital PLC - London-based property investment company - Bins a proposed strategic change towards becoming an ESG driven regional office market specialist.

Still plans...

Tue, 19/07/2022 - 11:21


Events organiser Hyve sells Ukraine business in management buy-out

Hyve Group PLC on Tuesday said it has sold its business in Ukraine to ProExpo (Europe) Ltd, in a management buy-out led by Anatoly Sushon,...

Tue, 19/07/2022 - 10:07


Babcock sells aerial emergency services businesses for £115 million

Babcock International Group PLC on Tuesday said it entered an agreement with funds managed by Ancala Partners LLP to sell some of its aerial emergency...

Tue, 19/07/2022 - 09:33


TOP NEWS: Informa backs 2022 guidance, to resume interim dividend

Informa PLC on Tuesday reaffirmed its full-year guidance after reporting strong growth in the first half of 2022.

The company also confirmed the divestment...

Tue, 19/07/2022 - 08:33


IN BRIEF: Grit Real Estate receives co-investment from LLR

Grit Real Estate Income Group Ltd - pan-African property investment and management company - Says Letlole La Rona Ltd completes 30% co-investment into Grit's industrial...

Mon, 18/07/2022 - 18:20


Barkby plans asset sale in strategy review as annual revenue to grow

Barkby Group PLC on Monday outlined a new direction as the firm looks to hold on to its investments for longer, while also guiding for...

Mon, 18/07/2022 - 17:58


UPDATE: Tenaz considers options as SDX Energy deal faces opposition

SDX Energy PLC - London-based oil and gas company - Canada-headquartered Tenaz Energy Corp ‘evaluating options’ after SDX Energy PLC shareholder Aleph Commodities Ltd announces...

Mon, 18/07/2022 - 17:00


IN BRIEF: Vulcan Industries sells costly Orca Doors

Vulcan Industries PLC - London-based engineering services firm - Sells all of its shares in fire door specialist Orca Doors Ltd for an undisclosed sum....

Mon, 18/07/2022 - 14:59


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