Bids, mergers and takeovers


Hermes Pacific Investments buys first property in Southend-on-Sea

Hermes Pacific Investments PLC on Thursday said it has purchased its first property in Southend-on-Sea in Essex, England.

The London-headquartered investment company said the two-bedroom...

Thu, 19/05/2022 - 11:38


IN BRIEF: Woodside shareholders okay merger with BHP petroleum unit

Woodside Petroleum Ltd - Perth, Australia-based oil and gas explorer - Shareholders approve merger with BHP Ltd's oil and gas business, which is still on...

Thu, 19/05/2022 - 11:37


TOP NEWS: National Grid backs outlook after strong full-year results

National Grid PLC on Thursday backed its five-year outlook on a strong financial 2022 performance due to smaller hit from Covid-19, and lifted its payout...

Thu, 19/05/2022 - 11:00


TOP NEWS: Homeserve shares jump on £4 billion Brookfield takeover

Homeserve PLC said on Thursday it reached an agreement for a £4.08 billion takeover by Hestia Bidco Ltd, a subsidiary of Brookfield Infrastructure Partners LP....

Thu, 19/05/2022 - 10:55


Rio Tinto revises Turquoise Hill funding as takeover talks continue

Rio Tinto PLC on Thursday said it revised its funding arrangements with Turquoise Hill Resources as the Canadian mining firm continues to evaluate Rio Tinto's...

Thu, 19/05/2022 - 10:38


IN BRIEF: Tungsten ends takeover talks with potential offeror

Tungsten Corp PLC - London-based electronic invoicing company - Amid several bids for the company, Tungsten has confirmed that one of the unnamed potential competing...

Wed, 18/05/2022 - 19:37


IN BRIEF: Power Metal picks up added stake in Kalahari Key Mineral

Power Metal Resources PLC - metals exploration company focused in North America, Africa and Australia - Will acquire additional 59% interest in Kalahari Key Mineral...

Wed, 18/05/2022 - 18:26


IN BRIEF: Regional REIT acquires office assets for £48.2 million

Regional REIT Ltd - London-based real estate investment trust - Makes three separate office investments in Derby, Milton Keynes and Crawley for £19.8 million, £15.9...

Wed, 18/05/2022 - 18:16


IN BRIEF: AdvancedAdvT says hostile M&C Saatchi bid doesn't undervalue

AdvancedAdvT Ltd - London-based acquisition vehicle - Notes Tuesday's rejection by London-based advertising agency M&C Saatchi of AdvancedAdvT's takeover offer. M&C Saatchi called the offer...

Wed, 18/05/2022 - 16:54


Molten Ventures investee Thought Machine gets $2.7 billion valuation

Venture capital firm Molten Ventures PLC on Wednesday said its portfolio company, Thought Machine Group Ltd, has been valued at $2.7 billion following a round...

Wed, 18/05/2022 - 13:21


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