Bids, mergers and takeovers


Mobeus Income & Growth VCTs and Income & Growth VCT discuss mergers

The boards of Mobeus Income & Growth VCT PLC, Mobeus Income & Growth 2 VCT PLC, Mobeus Income & Growth 4 VCT PLC and Income...

Wed, 28/02/2024 - 16:24


UPDATE: Direct Line Insurance rejects ‘opportunistic’ Ageas bid

Direct Line Insurance Group PLC on Wednesday rejected a bid approach from Belgian insurer Ageas SA, calling it ‘unattractive’ and ‘uncertain’.

The Bromley, England-based motor and...

Wed, 28/02/2024 - 15:50


UPDATE: Direct Line soars as Ageas mulls £3.10 billion bid

Shares in Direct Line Insurance Group PLC jumped on Wednesday after Belgian insurer Ageas SA confirmed it was considering making an offer for the company.

Shares...

Wed, 28/02/2024 - 12:50


PRESS: Direct Line rebuffs bid approach by Belgium’s Ageas - Bloomberg

Shares in Direct Line Insurance Group PLC jumped on Wednesday after Bloomberg reported that it had rejected a bid approach from Belgian insurer Ageas SA.

Shares...

Wed, 28/02/2024 - 12:27


Just Eat Takeaway moves toward profit despite decline in orders

Just Eat Takeaway.com NV on Wednesday reported much improved profitability in 2023, despite lower orders and revenue, saying it expects positive cash flow and higher...

Wed, 28/02/2024 - 10:14


IN BRIEF: Apax Global Alpha invests in sustainable building consultant

Apax Global Alpha Ltd - Guernsey-based private equity trust investing on the technology, services, healthcare and internet-consumer sectors - Says it will invest around €5.1...

Wed, 28/02/2024 - 09:47


TOP NEWS: Vodafone in talks to sell Italian arm in €8 billion deal

Vodafone Group PLC on Wednesday confirmed that it is in exclusive discussions with Swisscom AG regarding a potential sale of Vodafone Italy to Swisscom for...

Wed, 28/02/2024 - 08:59


IN BRIEF: Wincanton suitor says Guernsey watchdog clears bid

Wincanton PLC - Wiltshire, England-based logistics provider - Suitor CEVA Logistics says Guernsey Financial Services Commission clears bid for Wincanton. On Monday, Wincanton accepted a...

Tue, 27/02/2024 - 21:11


IN BRIEF: LXi REIT shareholders back LondonMetric tie-up

LXi REIT PLC - London-based commercial real estate investment trust - All share merger with LondonMetric Property PLC approved at court and general meetings. Just...

Tue, 27/02/2024 - 21:10


EARNINGS AND TRADING: Synectics profit jumps; Webis loss widens

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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EnSilica PLC -...

Tue, 27/02/2024 - 19:21


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