Bids, mergers and takeovers


IN BRIEF: Sivota to acquire controlling stake in ‘leading’ platform

Sivota PLC - investor in later-stage Israeli technology firms - Enters into non-binding term sheet to acquire a controlling interest in ‘a leading online technology...

Fri, 12/01/2024 - 11:11


Metals Exploration to buy majority stake in Philippine YMC

Metals Exploration PLC on Friday said it has signed a conditional purchase agreement to buy a controlling interest in Philippines-based Yamang Mineral Corp Group.

The Philippines-focused...

Fri, 12/01/2024 - 10:07


JTC to pay further $31.5 million after SALI achieves earn-out target

JTC PLC on Friday said that SALI Fund Management LLC and SALI GP Holdings LLC had fulfilled the conditions of the 2021 acquisition agreement, entitling...

Fri, 12/01/2024 - 09:12


IN BRIEF: Balanced Commercial sells holdings to cut office exposure

Balanced Commercial Property Trust Ltd - London-based commercial property investment trust - Agrees sale of three office holdings, two business park assets in Edinburgh and...

Fri, 12/01/2024 - 08:08


IN BRIEF: Persimmon to replace outbound FTSE 100 constituent Dechra

Persimmon PLC - York, England-based housebuilder - To rejoin FTSE 100 index on Tuesday as acquisition of Cheshire, England-based veterinary drug maker Dechra Pharmaceuticals PLC...

Fri, 12/01/2024 - 06:59


Sopheon gets green light for Wellspring takeover offer

Sopheon PLC on Thursday said it has government approval for its £115 million takeover offer from Wellspring Worldwide Inc.

In December, the Surrey, England-based enterprise software...

Thu, 11/01/2024 - 21:10


IN BRIEF: Electric Guitar says negotiations ongoing for 3radical buy

Electric Guitar PLC - special purpose acquisition company focused on the digital marketing and advertising industry - Says it remains in active negotiations and advanced...

Thu, 11/01/2024 - 13:59


IN BRIEF: CMA issues initial enforcement order on Pennon for SES Water

Pennon Group PLC - Exeter-based water utility - The UK Competition & Markets Authority says that on Monday it served an initial enforcement order on...

Thu, 11/01/2024 - 12:04


IN BRIEF: Microlise completes Enterprise Software Systems takeover

Microlise Group PLC - Nottingham, England-based provider of software-as-a-service transport technology solutions to fleet operators - Purchases entire issued share capital of Altrincham, England-based Enterprise...

Thu, 11/01/2024 - 12:03


TOP NEWS: LondonMetric Property and LXi REIT plan all-share merger

LondonMetric Property PLC and LXi REIT PLC on Thursday said they have agreed to an all-share merger that will create the UK’s fourth largest real...

Thu, 11/01/2024 - 09:00


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