Bids, mergers and takeovers


TRADING UPDATES: Abcam returns to profit; Cake Box rings changes

The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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Finablr PLC - Abu...

Mon, 14/03/2022 - 16:58


IN BRIEF: Alphawave buys OpenFive business unit for $210 million

Alphawave IP Group PLC - London-based designs and licences chip technology - Buys OpenFive business unit from SiFive Inc for $210 million in cash. Notes...

Mon, 14/03/2022 - 14:52


IN BRIEF: Joules to pay Garden Trading further £3.5 million

Joules Group PLC - Leicestershire, England-based country lifestyle retailer - Says defferred consideration for Garden Trading Company Ltd is now due, as Garden Trading has...

Mon, 14/03/2022 - 14:38


Tracsis buys US rail technology firm RailComm for $11.5 million

Tracsis PLC on Monday said it bought the US-based rail technology and services provider RailComm LLC for $11.5 million, to expand its rail software footprint...

Mon, 14/03/2022 - 12:00


Eco Atlantic to buy Guyana-focused JHI Associates for $52 million

Eco Atlantic Oil & Gas Ltd said on Monday it is progressing an acquisition to further its interests in Guyana.

The Toronto-based oil and...

Mon, 14/03/2022 - 11:59


IN BRIEF: Babcock completes buyout of Australian ship joint venture

Babcock International Group PLC - London-based aerospace, defence and nuclear engineering services company - Completes A$60 million, around £32 million, buyout of joint-venture partner UGL...

Mon, 14/03/2022 - 10:42


IN BRIEF: ConvaTec completes acquisition of wound care business Triad

ConvaTec Group PLC - Reading, England-based medical products and technologies company - Completes $125 million acquisition of Triad Life Sciences Inc, a Memphis, Tennessee-based company...

Mon, 14/03/2022 - 10:18


TOP NEWS: Rio Tinto proposes buyout of Oyu Tolgoi mine owner

Rio Tinto PLC said on Monday it was proposing to acquire the entire remaining share capital of Turquoise Hill Resources Ltd, the partial owner of...

Mon, 14/03/2022 - 09:48


IN BRIEF: Angus Energy gives Sound more time to make formal offer

Angus Energy PLC - UK-focused onshore oil and gas producer - Grants Morocco-focused Sound Energy PLC another one-month extension to 'put-up-or-shut-up' deadline. Sound had been...

Fri, 11/03/2022 - 14:19


UPDATE: Pearson confirms Apollo Global Management made two offers

Pearson PLC confirmed on Friday that Apollo Global Management Inc had made two cash offers for the company in November and March.

The London-based publishing...

Fri, 11/03/2022 - 13:45


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