Bids, mergers and takeovers


TRADING UPDATES: CAP-XX raises funds; Shanta Gold dividend

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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Harmony Energy Income Trust PLC -...

Thu, 21/03/2024 - 20:03


XLMedia shares jump as will sell Europe, Canada betting, gaming assets

XLMedia PLC on Thursday said that it signed an agreement to sell its Europe and Canada sports betting and gaming assets to Gambling.com Group Ltd.

XLMedia...

Thu, 21/03/2024 - 11:35


Technology Minerals’ new facility to fund operations and Recyclus buy

Technology Minerals PLC on Thursday looked to ramp-up operations at its Wolverhampton plant, after securing a £5.5 million convertible bond facility from Atlas Capital Markets...

Thu, 21/03/2024 - 10:42


TOP NEWS: Virgin Money and Nationwide agree terms of acquisition

Nationwide Building Society on Thursday said that it had finalised terms for its acquisition of Virgin Money UK PLC, and set out the details of...

Thu, 21/03/2024 - 10:28


Tritax Big Box and UK Commercial Property agree to all-share merger

Tritax Big Box REIT PLC on Thursday said it agreed to all terms to merge with UK Commercial Property REIT Ltd, in a deal first...

Thu, 21/03/2024 - 10:25


OPG Power Ventures completes sale of struggling solar assets

OPG Power Ventures PLC announced on Thursday that it sold its minority stake of four solar assets in Karnataka, India totalling 62 megawatts.

The Isle of...

Thu, 21/03/2024 - 10:25


TOP NEWS: Direct Line eyes cost cuts as new CEO fends off Ageas

Direct Line Insurance Group PLC on Thursday announced plans to save £100 million and boost insurance margins, as it looks to stymie the unwanted advance...

Thu, 21/03/2024 - 10:02


MC Mining says Goldway offer below independent valuation range

MC Mining Ltd on Wednesday maintained that the takeover offer from a consortium led by Goldway Capital Investment Ltd undervalued the coal producer.

The Canberra,...

Wed, 20/03/2024 - 15:32


Equals receives buyout offer amidst ‘strong growth’ in first quarter

Equals Group PLC on Wednesday confirmed it has received a takeover approach from a private equity-backed software peer, as part of the strategic review it...

Wed, 20/03/2024 - 12:48


Glencore ‘on track’ to meet new Climate Action Transition Plan targets

Glencore PLC on Wednesday released its 2024-2026 Climate Action Transition Plan, outlining its intention to achieve net zero by 2050.

The revised strategy came about after...

Wed, 20/03/2024 - 09:54


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