Bids, mergers and takeovers


Custodian amends terms and reaffirms commitment to abrdn merger

<p>Custodian Property Income REIT PLC on Wednesday said that it believed the proposed merger with abrdn Property Income Trust Ltd had a ‘compelling strategic and...

Wed, 13/03/2024 - 14:29


UPDATE: Advanced Medical 2023 profit falls; buys Peters Surgical

Advanced Medical Solutions Group PLC on Wednesday announced a new acquisition and reported weaker annual profit, despite growth in revenue.

The Cheshire, England-based surgical dressings...

Wed, 13/03/2024 - 14:05


Advanced Medical 2023 profit falls; buys Peters Surgical

Advanced Medical Solutions Group PLC on Wednesday announced a new acquisition and reported weaker annual profit, despite growth in revenue.

The Cheshire, England-based surgical dressings...

Wed, 13/03/2024 - 13:26


IN BRIEF: Fidelity China to buy net assets from abrdn China for merger

Fidelity China Special Situations PLC - China-focused investment trust - Regarding combination of assets with those of abrdn China Investment Co Ltd, which was approved...

Wed, 13/03/2024 - 12:06


UPDATE: Ageas seeks Direct Line backing after ‘compelling’ new bid

Ageas SA on Wednesday described its fresh bid approach for Direct Line Insurance Group PLC as ‘compelling’.

Ageas Chief Executive Hans De Cuyper said the...

Wed, 13/03/2024 - 11:56


TOP NEWS: Direct Line dismisses fresh approach from Belgium’s Ageas

Direct Line Insurance Group PLC on Wednesday said it had rejected a modestly improved new takeover approach from Belgian insurance group Ageas SA.

The Bromley, England-based...

Wed, 13/03/2024 - 11:01


IN BRIEF: Zenith increases stake in Italian gas concession to 50%

Zenith Energy Ltd - Oil and gas company focused on assets in Africa and Italy - Acquires an additional 10% interest in the Sant’Andrea onshore...

Tue, 12/03/2024 - 19:58


EARNINGS AND TRADING: Ariana strikes gold; Union Jack adds royalties

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

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Ariana Resources PLC...

Tue, 12/03/2024 - 17:41


IN BRIEF: Renewables Infrastructure sells Irish wind farm at premium

Renewables Infrastructure Group Ltd - invests in renewable energy infrastructure, advised by InfraRed Capital Partners as investment manager - Agrees to sell 100% interest in...

Tue, 12/03/2024 - 10:08


IN BRIEF: MC Mining tumbles as Vulcan Resources backs off from offer

MC Mining Ltd - Canberra, Australia-based developer of coal mines across South Africa - Vulcan Resources Ltd will not proceed with making a formal offer...

Tue, 12/03/2024 - 10:07


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