Bids, mergers and takeovers

UPDATE: Hydrogen Utopia notes planned reverse takeover target renaming

Hydrogen Utopia International PLC on Tuesday named its proposed acquisition target as Helmond Holding Group Corp, which is in the process of renaming itself to...

Tue, 27/02/2024 - 16:34

Currys rejects second takeover tilt by Elliott Investment Management

Currys PLC on Tuesday said it rejected an upgraded takeover offer from activist investor Elliott Investment Management LP.

The London-based consumer electronics retailer said it received...

Tue, 27/02/2024 - 14:29

Hydrogen Utopia names £500 million reverse takeover buyer as Helmond

Hydrogen Utopia International PLC on Tuesday announced its proposed acquisition by Helmond Holding Group Corp.

This confirmed its announcement on Monday that it was considering...

Tue, 27/02/2024 - 11:32

IN BRIEF: CMA asks for comments on Pennon purchase of SES Water

Pennon Group PLC - Exeter-based water utility - The UK Competition & Markets Authority invites comments on Pennon’s agreement to buy Sutton & East Surrey...

Tue, 27/02/2024 - 09:53

TRADING UPDATES: Begbies trading in line; Probiotix inks partnership

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

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Begbies Traynor Group PLC - Manchester,...

Mon, 26/02/2024 - 20:17

UPDATE: Wincanton confirms GXO Logistics third party eyeing takeover

Wincanton on Monday afternoon confirmed GXO Logistics Inc, the owner of Clipper Logistics, as a third party interested in taking over Wincanton.

Earlier on Monday,...

Mon, 26/02/2024 - 14:08

UPDATE: GXO Logistics reported to be third party eyeing Wincanton bid

GXO Logistics Inc, the owner of Clipper Logistics, has been identified as the third party interested in buying Wincanton PLC, according to a press report.

Sky...

Mon, 26/02/2024 - 12:40

IN BRIEF: Aquila European Renewables begins combination process

Aquila European Renewables PLC - London-based investment firm focused on renewable energy infrastructure - Starts the process of combining its business with another investment company....

Mon, 26/02/2024 - 10:19

Hydrogen Utopia mulls £500 million reverse takeover

Hydrogen Utopia International PLC on Monday said it is considering a reverse takeover worth around £500 million.

The company’s shares jumped 27% to 10.90 pence...

Mon, 26/02/2024 - 09:59

PRESS: Next mulls rescue bid for ailing beauty chain, the Body Shop

Next PLC has approached administrators to the Body Shop about a potential deal to purchase parts of the stricken cosmetics chain, according to a report...

Mon, 26/02/2024 - 09:36

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