Bids, mergers and takeovers


IN BRIEF: Lords Group acquires AW Lumb for £23.1 million

Lords Group Trading PLC - London-based distributor of building, plumbing, heating and DIY goods - Acquires independent builders' merchant AW Lumb for £23.1 million in...

Tue, 01/03/2022 - 19:22


IN BRIEF: Northbridge Industrial completes Tasman division sale

Northbridge Industrial Services PLC - Burton-on-Trent-based specialist industrial equipment manufacturer - Announces completed sale of its Tasman operations in Australia and New Zealand. Company has...

Tue, 01/03/2022 - 19:17


IN BRIEF: Braemar Shipping completes sale of Cory Brothers business

Braemar Shipping Services PLC - London-based shipbroker - Completes disposal of its logistics division Cory Brothers to Vertom Cory Holdings Ltd for between £10.3 million...

Tue, 01/03/2022 - 19:14


IN BRIEF: MC Mining well placed to develop Makhado project in SA

MC Mining Ltd - coal miner focused on South Africa - Announces that subsidiary Baobab Mining & Exploration Pty Ltd has paid final instalment of...

Tue, 01/03/2022 - 12:28


IN BRIEF: Hochschild increases resource estimate at Snip project

Hochschild Mining PLC - London-based gold and silver miner operating in North, Central & South America - Upgrades mineral resource estimate at Snip gold project,...

Tue, 01/03/2022 - 12:04


TOP NEWS: abrdn reports first annual revenue growth since merger

Investment manager abrdn PLC on Tuesday reported its first increase in annual revenue since the merger that created the current company.

‘This was our reset...

Tue, 01/03/2022 - 08:57


IN BRIEF: Clipper Logistics agrees £965 million GXO Logistics offer

Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - Agrees to takeover by Connecticut, US-based warehousing and distribution firm GXO Logistics Inc for £965...

Mon, 28/02/2022 - 21:19


TRADING UPDATES: Tortilla teams with Compass; Strix in cyber attack

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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Tortilla Mexican...

Mon, 28/02/2022 - 20:36


IN BRIEF: CentralNic raises £42 million for German acquisition

CentralNic Group PLC - London-based online marketing services - Raises GBP42 million in share placing to pay for the acquisition of an e-commerce services firm...

Mon, 28/02/2022 - 14:14


Oxford Instruments confirms £1.8 billion takeover bid from Spectris

Oxford Instruments PLC on Monday confirmed it has received a new takeover offer proposal from Spectris PLC worth about GBP1.8 billion.

FTSE 250-listed Oxford...

Mon, 28/02/2022 - 13:01


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