Bids, mergers and takeovers


UPDATE: Go-Ahead chooses £648 million bid from Kinetic consortium

Go-Ahead Group PLC late Monday announced its agreement to a takeover offer from Gerrard Investment Bidco Ltd, a subsidiary of a consortium consisting of Kinetic...

Mon, 13/06/2022 - 18:17


IN BRIEF: iEnergizer commences sales process after BPEA interest

iEnergizer Ltd - IT service management company - Launches formal sale process to review potential buyers of the company, following confirmation on Thursday last week...

Mon, 13/06/2022 - 18:07


IN BRIEF: Foresight acquires Downing's venture arm for £13.6 million

Foresight Group Holdings Ltd - infrastructure and private equity investment manager - Announces the reach of first close totalling £58 million across two UK regional...

Mon, 13/06/2022 - 17:43


IN BRIEF: Cindrigo's subsidiary acquires 90% stake in EES Dravacel

Cindrigo Holdings Ltd - Guernsey-based energy producer - Announces its subsidiary Cindrigo Geothermal Ltd buys 90% of the shares of Croatian geothermal firm EES Dravacel...

Mon, 13/06/2022 - 14:31


Mobeus Income & Growth VCTs sell investments in Media Business Insight

Four London-listed venture capital trusts on Monday have received proceeds from the sale of their investments in Media Business Insight Holdings Ltd.

Mobeus Income &...

Mon, 13/06/2022 - 14:23


bp sells entire 50% interest in Sunrise oil sands to Cenovus Energy

BP PLC on Monday said it has sold its 50% interest in the Sunrise oil sands projects in the western Canada province of Alberta to...

Mon, 13/06/2022 - 12:45


Supreme buys vaping manufacturer Liberty Flights for £7.8 million

Supreme PLC on Monday said it has bought Lancashire, England-based vaping manufacturer Liberty Flights Holdings Ltd for £7.8 million.

The cash-free & debt-free acquisition means...

Mon, 13/06/2022 - 11:42


Tekmar launches formal sale process as interim loss widens

Tekmar Group PLC on Monday said its half-year results highlighted the ‘continued challenging environment’ it has operated under in the past two years and announced...

Mon, 13/06/2022 - 11:08


In BRIEF: Alpha Real Trust buys TraveLodge hotel for £3.1 million

Alpha Real Trust Ltd - Guernsey-based property finance investor - Buys a hotel in Lowestoft, Suffolk for £3.1 million. The property is leased to TraveLodge...

Mon, 13/06/2022 - 10:40


Scirocco Energy sells interest in Ruvuma gas development to Wentworth

Scirocco Energy PLC announced on Monday it entered into a conditional binding agreement with Wentworth Resources PLC to divest its 25% non-operated interest in the...

Mon, 13/06/2022 - 10:32


Pages