Bids, mergers and takeovers


Seplat Energy closer to buying MPNU stake as Nigerian firm drops case

Seplat Energy PLC on Friday celebrated the settlement between the Nigerian National Petroleum Co Ltd, Exxon Mobil Corp and Mobil Producing Nigeria Unlimited.

The Lagos-based oil...

Fri, 14/06/2024 - 10:35


TOP NEWS: Crest Nicholson spurns significantly undervalued Bellway bid

Crest Nicholson Holdings PLC on Friday said it rejected a revised all-share offer from Bellway PLC.

The Surrey, England-based property developer received an initial all-share offer...

Fri, 14/06/2024 - 09:27


TOP NEWS: UK CMA investigates planned takeover of Redrow by Barratt

The UK Competition & Markets Authority on Friday said it will investigate the planned takeover of Redrow PLC by Barratt Developments PLC.

In February, Coalville,...

Fri, 14/06/2024 - 09:15


EARNINGS AND TRADING: Dialight trades in line; Petards swings to loss

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

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Dialight PLC - London-based producer of...

Thu, 13/06/2024 - 19:40


TOP NEWS: Bellway backs tie-up as Crest Nicholson rebuffs takeover bid

Bellway PLC on Thursday confirmed it made a takeover proposal for Crest Nicholson PLC, though its fellow housebuilder rejected the tilt.

Bellway said under the...

Thu, 13/06/2024 - 19:03


Virgin Money interim profit grows ahead of takeover by Nationwide

Virgin Money UK PLC on Thursday reported that its half-year profit climbed, ahead of its takeover by Swindon, Wiltshire-based mortgage lender Nationwide Building Society.

Virgin...

Thu, 13/06/2024 - 10:18


TOP NEWS: Trident Royalties accepts buy bid from Australia’s Deterra

Trident Royalties PLC on Thursday agreed a £144 million takeover approach from industry peer, Deterra Global Holdings Pty Ltd.

The cash bid values each share in...

Thu, 13/06/2024 - 08:52


IN BRIEF: Alpha Financial says Bridgepoint Advisers deadline extended

Alpha Financial Markets Consulting PLC - specialist consultancy services to the financial services industry - Deadline for suitor Bridgepoint Advisers Ltd to announce firm bid...

Wed, 12/06/2024 - 19:45


EARNINGS AND TRADING: Intuitive Investments NAV rises, talks up Hui10

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

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Intuitive Investments Group PLC - life...

Wed, 12/06/2024 - 19:23


UPDATE: IP Group notes some opposition to non-exec re-election

IP Group PLC - London-based intellectual property company investing in technology - Reports all annual general meeting motions pass, but resolution to re-elect Heejae Chae...

Wed, 12/06/2024 - 19:19


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