Bids, mergers and takeovers


CORRECT: Custodian sells Volkswagen car showroom to undisclosed buyer

(Corrects that the showroom is let to Volkswagen AG, not sold to it. Buyer is not disclosed.)

Custodian REIT PLC on Wednesday said it sold...

Wed, 08/06/2022 - 12:04


Custodian sells car showroom to Volkswagen for 26% above valuation

Custodian REIT PLC on Wednesday said it sold a 24,178 square foot car showroom in Derby let to Germany automaker Volkswagen AG.

The £5.6 million...

Wed, 08/06/2022 - 11:32


Workspace swings to annual profit, as grows office portfolio

Workspace Group PLC on Wednesday posted a swing to profit in its recent financial year, with increased occupancy as workers returned to the office....

Wed, 08/06/2022 - 10:07


IN BRIEF: US Solar Fund ups interest in Mount Signal 2 solar plant

US Solar Fund PLC - owns and operates solar power assets in North America - Closes on its option to acquire a further 25% interest...

Tue, 07/06/2022 - 19:13


IN BRIEF: Redcentric to buy Sungard assets for up to £22 million

Redcentric PLC - Harrogate, England-based IT services provider - Says its subsidiary Redcentric Solutions Ltd has signed conditional contracts to buy the business and assets...

Tue, 07/06/2022 - 14:54


Somers raises stake in PCF to 73% as lender receives new takeover idea

PCF Group PLC on Tuesday said its majority shareholder Somers Ltd has invested £2.7 million via a share subscription, as takeover talks continue and a...

Tue, 07/06/2022 - 11:12


Helios Towers finds local partner for Omantel assets acquisition

Helios Towers PLC on Tuesday announced it has found a local partner to take a minority stake in its acquisition of telecommunication assets in Oman....

Tue, 07/06/2022 - 10:52


Big Yellow gets green light for development in Staines

Big Yellow Group PLC on Tuesday said it has received planning consent for a new site in Staines, south east England.

The self-storage company...

Tue, 07/06/2022 - 10:08


Apax Global Alpha invests €12 million in Norway's EcoOnline

Apax Global Alpha Ltd on Tuesday said that the Apax X Fund has reached an agreement to acquire Norway-headquartered environment, health and safety firm EcoOnline...

Tue, 07/06/2022 - 09:17


TOP NEWS: Pearson sells Italy, Germany based education arms to Sanoma

Pearson PLC on Tuesday said it has sold its Italy and Germany based Local K12 courseware businesses to Helsinki-based Sanoma Corp.

The sale worth £163...

Tue, 07/06/2022 - 08:55


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