Bids, mergers and takeovers


Rio Tinto completes acquisition of lithium project in Argentina

Rio Tinto PLC on Tuesday said it has completed its $825 million acquisition of the Rincon lithium project in Argentina.

The London-based miner working in...

Tue, 29/03/2022 - 08:31


IN BRIEF: Glanbia completes sale of 40% interest in Glanbia Ireland

Glanbia PLC - Kilkenny, Ireland-based nutrition company - Confirms that the necessary regulatory approval required in advance of completion of the disposal of its 40%...

Mon, 28/03/2022 - 20:25


IN BRIEF: Gunsynd investee Media Tech to buy Scandinavian firm Drylab

Gunsynd PLC - London-based investment firm - Notes investee company Media Tech SPAC PLC, a public unlisted special purpose acquisition company, has agreed to acquire...

Mon, 28/03/2022 - 20:24


Mortgage Advice Bureau acquires Fluent Money; beats pre-virus levels

Mortgage Advice Bureau Holdings PLC on Monday reported an annual performance strong enough to beat its pre-virus levels through an increase in advisers and higher...

Mon, 28/03/2022 - 18:09


IN BRIEF: SDI Group to acquire fume cupboards maker Safelab Systems

SDI Group PLC - Cambridge-based medical technology firm - Will acquire UK manufacturer of fume cupboards Safelab Systems Ltd for £7.7 million in cash and...

Mon, 28/03/2022 - 18:02


Summerway Capital seals Celadon buy with name change coming

Summerway Capital PLC on Monday said it completed the acquisition of medical-cannabis firm Vertigrow Technology Ltd, or Celadon Pharmaceuticals.

Summerway added that a name change...

Mon, 28/03/2022 - 12:08


Ted Baker says Sycamore takeover bids ‘significantly’ undervalue firm

Ted Baker PLC on Monday said it has rejected two cash takeover offers from New York-based private equity firm Sycamore Partners Management LP.

The London-based...

Mon, 28/03/2022 - 10:33


Urban Logistics buys central London property from Lookers

Urban Logistics REIT PLC on Monday said it has purchased logistics assets worth £72 million since February at a blended net initial yield of 4.6%....

Mon, 28/03/2022 - 10:09


IN BRIEF: Allied Minds completes disposal of Touch Bistro shareholding

Allied Minds PLC - Boston, Massachusetts-based intellectual property commercialisation company - Completes the disposal of its residual shareholding in Toronto-based software company TouchBistro Inc for...

Mon, 28/03/2022 - 10:05


Inchcape expands in Chile with majority stake in car dealer Ditec

Inchcape PLC said on Monday it expanded its distribution in Chile through the acquisition of 70% stake in premium car distributor Ditec.

The London-based car...

Mon, 28/03/2022 - 09:20


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