Bids, mergers and takeovers

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

Wincanton accepts sweetened CEVA bid as new takeover approach emerges

Wincanton PLC on Monday said it has accepted a revised, increased bid from CEVA Logistics UK Rose Ltd, as it disclosed a further approach had...

Mon, 26/02/2024 - 09:12

Hammerson sells Union Square shopping centre for £111 million

Hammerson PLC on Monday announced the sale of Union Square shopping centre in Aberdeen, Scotland for £111 million in cash.

The London-based property development and...

Mon, 26/02/2024 - 08:43

TOP NEWS: Bunzl ups dividend on higher profit; buys Nisbets and Pamark

Bunzl PLC on Monday hiked its dividend, after reporting higher annual profit.

The London-based distribution and services company also said it has snapped up two companies,...

Mon, 26/02/2024 - 08:30

Saietta seeks buyer or fresh investment to stave off administration

Shares in Saietta Group PLC plunged on Friday after it put itself up for sale amid doubts over its survival.

Shares in the company slumped 70%...

Fri, 23/02/2024 - 20:14

Ground Rents Income sells Bristol and Exeter assets for £3.5 million

Ground Rents Income Fund PLC on Friday said that it has sold its freehold ground rent interests in Bristol and Exeter for a combined value...

Fri, 23/02/2024 - 11:51

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