Latest Bids, Mergers and Takeovers
-
02 Mar
13:32Vela invests £66,000 in Mode Global HoldingsVela Technologeis has invested £66,319.55 in Mode Global Holdings as part of of Mode's over-subscribed placing to raise £6 million to support its 'rapid growth' of new-breed financial products and...
-
11 Feb
08:51Robinson acquires 'complimentary' Schela Plast in £7.7m dealPackaging manufacturer Robinson has announced the acquisition of Schela Plast, a Danish designer and manufacturer of blow moulded containers. Total consideration, including earnout, is expected...
-
11 Feb
08:36Prospex announces delays to El Romeral acquisitionEnergy firm Prospex has provided an update to shareholders on its acquisition of an interest in El Romeral, southern Spain. The deal to acquire 49.9% interest in El Romeral, an integrated gas...
-
10 Feb
13:08Tate & Lyle completes acquisition of tapioca business in ThailandGlobal provider of food and beverage ingredients and solutions, Tate & Lyle, has completed the acquisition of an 85% shareholding in Chaodee Modified Starch Co. The company is a...
-
05 Feb
14:50Aggreko confirms sale talksAggreko is in talks to be acquired by TDR Capital and I Squared Capital. The firm has confirmed the discussions in response to press speculation and share price movements. The consortium is in...
-
05 Feb
13:35Sportech to gain £36m from asset salesSportech will gain £36.1 million in aggregate net cash from sales of assets and business divisions in 2020. Last year, the betting service provider confirmed it was in talks to sell its Global...
-
29 Jan
13:21boohoo confirms Arcadia brands talksboohoo group has confirmed it is in exclusive talks with Arcadia's administrators about acquiring several of its brands. The announcement has been made by boohoo in response to media speculation...
-
28 Jan
09:40Prudential to separate from Jackson FinancialPrudential has confirmed its intention to pursue a demerger from its US business, Jackson Financial, in the second quarter of 2021. The separation would see the shares in Jackson distributed to...
-
22 Jan
14:11Lycaremit broadens reach with Wari partnershipLycaremit has entered a strategic partnership with Wari to offer its remittance services to more markets. Remittance provider Lycaremit, part of the Lyca Group, will use Wari's technology to offer...
-
22 Jan
13:55Escape Hunt to acquire European competitorEscape Hunt is acquiring European competitor French Master Franchise, for a consideration of approximately £330,000. Both companies have conditionally agreed terms for the acquisition. These...
-
22 Jan
13:11S-Ventures buys healthy snack brand for £167kS-Ventures has acquired We Love Purely, a healthy snack brand, for £167,000. The company has acquired the 75.1% majority stake with a price of £137,000 of 9p per share along with a cash payment of...
-
20 Jan
14:38Mattioli Woods buys stake in TillerMattioli Woods has acquired a 4% stake in Tiller Group, a software as a service wealth management platform. The company has called this a 'strategic relationship' and plans to use Tiller's...
-
20 Jan
13:39Ascential sells Groundsure for £170mAscential has sold its Groundsure business for £170 million to a subsidiary of ATI Global. Groundsure is a brand that sits within Ascential's Built Environment & Policy segment. The £170...
-
06 Jan
13:18CMA to investigate NVIVIA Arm takeoverThe Competition and Markets Authority is planning to investigate the anticipated takeover of Arm by US chip designer NVIDIA. The regulatory body is inviting input from interested third parties as...
-
06 Jan
08:33Water Intelligence reacquires Seattle franchise of American Leak Detection subsidiaryWater Intelligence has reacquired the Seattle franchise of its American Leak Detection subsidiary for $5.5 million as the firm continues to grow business segments and create efficiencies. The...
-
05 Jan
13:55Fleetwood Mac guitarist pens deal with HipgnosisHipgnosis Songs Fund – the music rights company founded by Nile Rogers and Merck Mercuriadis – has acquired the remaining rights to the back catalogue of Lindsey Buckingham, best known as the lead...
-
05 Jan
07:53Mondi to acquire Turkish corrugated packaging firm OlmuksanMondi has agreed to acquire 90.38% of the outstanding shares in Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.S for €66 million. Olmuksan is a leading and well-established corrugated...
-
04 Jan
13:23Goldplat confirms mine sale to Mayflower CapitalAfrican gold producer Goldplat has announced the sale of its Kenyan Kilimapesa mine to Mayflower Capital Investments. Mayflower has agreed to issue shares to the value of $1.5 million (£1.08...
-
16 Dec
13:22Cranswick confirms Inspired Pet Nutrition talksCranswick has confirmed it is in talks over a possible acquisition of Inspired Pet Nutrition. If successful, the meat producer intends to part-finance the acquisition through an equity placing of...
-
10 Dec
09:36Primary Health Properties proposes to acquire Nexus and internalise management functionThe board of Primary Health Properties (PHP) has entered into a conditional share purchase agreement to internalise the company's management function by acquiring Nexus Tradeco Holdings, subject to...
-
08 Dec
14:18Euromoney acquires WealthEngine for $14.5mEuromoney Institutional Investor has acquired saas platform WealthEngine for $14.5 million. WealthEngine is a workflow tool which profiles US individuals and is used by clients for prospecting...
-
08 Dec
14:01£647m McCarthy & Stone takeover approvedThe takeover of McCarthy & Stone by US private equity firm Lone Star has received shareholder approval. The retirement housebuilder will now be acquired for £647 million. Following a court...
-
03 Dec
08:50TalkTalk granted extension to deadline for takeover talksDiscussions between TalkTalk Telecom Group and Toscafund Asset Management (TAM) regarding a takeover have been granted an extension by the Panel on Takeovers and Mergers. TAM's preliminary...
-
02 Dec
14:03Nucleus confirms takeover talksNucleus has confirmed it is in talks about a potential takeover after receiving offers from Integrafin Holdings and Epiris. Both are existing parent companies of Nucleus competitors. The firm...
-
02 Dec
13:51Westpac sells general insurance business for $725mWestpac Group is selling its general insurance business to Allianz for $725 million. The transaction includes several contingent payments subject to 'integration milestones' being achieved. The...
-
02 Dec
13:31Court greenlights Prudential transfer to Rothesay LifeAn English court has approved Rothesay Life's appeal to allow it to receive a much-delayed transfer of a Prudential annuity portfolio. In August 2019 the High Court of England and Wales blocked...
-
30 Nov
14:25Mitie completes Interserve acquisitionMitie Group has completed its acquisition of Interserve Facilities Management. The acquisition has taken place for a consideration of £105 million in cash to How To Group. In addition, How To...
-
30 Nov
13:17K3 Capital enters joint venture with head hunterK3 Capital Group has entered into a acquisition consultancy joint-venture with a head hunter it used during its acquisition strategy this year. The professional services firm has created Market...
-
30 Nov
13:05Sportech confirms Global Tote sale talksSportech has confirmed it is in talks with Betmakers Technology Group over the sale of its Global Tote business. This is in response to media reports regarding these talks which place a total cash...
-
25 Nov
13:16Keyword buys g-Net Media for $32mKeyword Studios has acquired Los Angeles-based g-Net Media for a total consideration of up to $32 million. g-Net Media provides marketing services to the video gaming and entertainment industries....
-
24 Nov
13:19Croda completes acquisition of IberchemSpeciality chemicals company Croda International has confirmed it has successfully completed the acquisition of Fragrance Spanish Topco which trades as global fragrances and flavours company...
-
23 Nov
13:35Concepta buys DNA home-testing companyHealthcare company Concepta has acquired The Genome Store in a deal that could be worth up to £520,000. The Genome Store is a provider of home-administered postal genome test services, based in...
-
23 Nov
13:24Kingswood completes acquisition of US wealth businessWealth management company Kingswood has completed its acquisition of a 50.1% stake in Manhattan Harbor Capital (MHC), a US-based broker dealer company. MHC will be rebranded as Kingswood US and...
-
20 Nov
07:52Telit receives merger proposal from Swiss semiconductor groupTechnology company Telit Communications has received a merger offer from Swiss firm u-blox. The proposed deal valued Telit at £2.50 a share, or approximately £332.6 million, and would result in...
-
19 Nov
14:44Inspecs to acquire German eyewear group for €95mEyewear designer and manufacturer Inspecs Group has conditionally agreed a €94.85 million acquisition of German company Eschenbach. The cash deal represented a 'key strategic step' in its growth...
-
19 Nov
14:20William Hill shareholders approve Caesars Group takeover bidBetting company William Hill's shareholders have approved a £2.9 billion takeover bid from US casino giant Caesars Group. In a virtual meeting held earlier today, 87% of shareholders backed the...
-
18 Nov
14:06Rosneft sells 10% stake in Vostok OilRosneft Oil has sold its 10% stake in Vostok Oil. The stake is being sold to commodity company Trafigura for an undisclosed price. The Russian company has also entered into an agreement with...
-
11 Nov
14:12CMA inviting further input over Breedon / Cemex mergerThe Competition and Markets Authority (CMA) has invited further input as it reviews the potential acquisition of Cemex Investments by Breedon Group. Citing competition concerns, in August the CMA...
-
10 Nov
13:05Tullow completes £575m Ugandan assets saleTullow Oil has completed the sale of its Ugandan assets to Total. Made in two considerations, this sale will see Tullow receive $575 million in total. Although Tullow will retain a financial...
-
09 Nov
09:55Yu Group acquires business customer book of Midlands energy groupIndependent supplier of gas, electricity and water to the UK business sector, Yu Group has acquired the business customer book of a Midlands-based energy group which is divesting its mains gas...
-
06 Nov
14:35Pan African proposes to acquire tailings retreatment projectsPan African Resources has entered into a conditional sale-of-shares agreements to acquire the total share capital and associated shareholder loans and other claims of Mogale Gold Proprietary and...
-
06 Nov
14:08Tesco gets green light to sell Thai stores to CP GroupThailand's antitrust regulator, the Office of Trade Competition Commission (OTCC), has given approval for the sale of supermarket giant Tesco's Thai business to CP Group. Once CP Group, which is...
-
06 Nov
07:17RSA Insurance in talks over proposed takeoverIntact Financial Corporation and Tryg A/S have proposed a £7.2bn offer to acquire RSA Insurance in what they believe would be a 'strategically compelling' merger, according to a statement from the...
-
04 Nov
13:59Premier Foods confirms Hovis sales talksPremier Foods has confirmed it is in talks concerning a sale of its 49% stake in Hovis Holdings. The FTSE 250 firm has responded to media reports and a statement from Newlat Foods, with the...
-
02 Nov
13:33Court approvals Unilever corporate restructureUnilever has received approval by the UK High Court for a corporate restructure that will see it merge its UK and Dutch arms. Upon completion of the merger, Unilever's existing dual-parent holding...