Bids, mergers and takeovers


UK competition regulator has concerns over Babcock helicopter sale

(Alliance News) - The UK competition regulator on Thursday said CHC Group LLC's purchase of Babcock International Group PLC's oil and gas offshore helicopter transportation services...

Thu, 17/03/2022 - 12:54


TOP NEWS: Glencore to gain $1.05 billion from CSA copper mine sale

Glencore PLC on Thursday said it will be selling its Cornish, Scottish & Australia copper mine in New South Wales, Australia to Metals Acquisition Corp....

Thu, 17/03/2022 - 11:39


IN BRIEF: Renewables Infrastructure plans to raise funds for pipeline

Renewables Infrastructure Group Ltd - Guernsey-based renewable energy investor - Agrees to acquire a 7.8% equity interest in the Hornsea One offshore wind farm from...

Thu, 17/03/2022 - 10:49


National Express believes Stagecoach merger superior to DWS cash offer

(Alliance News) - National Express Group PLC on Thursday said it believes its all-share combination with Stagecoach Group PLC remains the better choice after being spurned...

Thu, 17/03/2022 - 10:19


UPDATE: CIP Merchant rejects latest ‘unattractive’ CFE takeover bid

CIP Merchant Capital Ltd - Guernsey-based investment company - Says latest ‘hostile’ offer by Corporation Financiere Europeenne SA still undervalues company. CIP says: ‘The board,...

Wed, 16/03/2022 - 17:05


IN BRIEF: CFE raises takeover offer for CIP Merchant Capital by 9%

CIP Merchant Capital Ltd - Guernsey-based investment company - Corporation Financiere Europeenne SA raises takeover offer by 9.1% to 60 pence per share from 55p....

Wed, 16/03/2022 - 13:42


IN BRIEF: Spinnaker becomes Ondo InsurTech as LeakBot deal completes

Ondo InsurTech PLC - Walsall, West Midlands-based detection of micro-leaks of water - Changes name from Spinnaker Acquisition PLC as completes reverse acquisition of HomeServe...

Wed, 16/03/2022 - 13:32


IN BRIEF: Creo Medical makes first earn-out payment for Albyn

Creo Medical Group PLC - Chepstow, Wales-based medical device company - Confirms that it paid the first instalment of the €1.7 million earn-out payment for...

Wed, 16/03/2022 - 12:21


IN BRIEF: Grit Real Estate receives offer to buy AnfaPlace Mall

Grit Real Estate Income Group Ltd - pan-African property investment and management - Says that it received a formal offer to acquire AnfaPlace Mall, one...

Wed, 16/03/2022 - 12:07


Avacta sells veterinary division to Vimian for up to £2.3 million

Avacta Group PLC on Wednesday said it sold its veterinary division Avacta Animal Health to veterinary company Vimian Group AB.

The Cambridge, England-based drug developer...

Wed, 16/03/2022 - 11:38


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