Bids, mergers and takeovers


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


TOP NEWS: GSK's Haleon demerger and listing expected in July

GlaxoSmithKline PLC on Monday said Haleon, the company to result from the proposed demerger of its Consumer Healthcare arm, is expected to list in July....

Mon, 28/02/2022 - 12:10


TOP NEWS: CRH agrees $3.8 billion sale of Building Envelope unit

CRH PLC said Monday it is planning to sell its Building Envelope business for an enterprise value of USD3.8 billion.

Shares in the FTSE...

Mon, 28/02/2022 - 09:40


TRADING UPDATES: Tintra faces sale delay; Seplat makes acquisition

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

Fri, 25/02/2022 - 20:12


UPDATE: Frasers says loan would not have saved Studio Retail

Frasers Group PLC said Friday it has acquired Studio Retail Ltd, the main operating business of Lancashire-based Studio Retail Group PLC, for GBP26.8 million in...

Fri, 25/02/2022 - 16:31


IN BRIEF: ThinkSmart shares surge on Block's strong quarterly results

ThinkSmart Ltd - Perth, Australia-based digital payments platform - Notes Block Inc's positive fourth-quarter results, with gross profit up 47% year-on-year to USD1.18 billion....

Fri, 25/02/2022 - 14:41


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