Bids, mergers and takeovers


Schroders Capital notes Roche buys portfolio firm for $2.7 billion

Schroders Capital Global Innovation Trust PLC on Friday noted that its portfolio company Carmot Therapeutics Inc has been acquired by Roche Holding AG.

On Monday, Roche...

Fri, 08/12/2023 - 11:22


IN BRIEF: Kin & Carta ‘unanimously’ recommends increased Apax offer

Kin & Carta PLC - London-based business software consultancy - Says that Apax Partners LLP has increased its takeover offer to 120 pence per Kin...

Thu, 07/12/2023 - 21:46


IN BRIEF: BP Marsh sells entire Paladin stake for £41.8 million

BP Marsh & Partners PLC - London-based venture capital investor, which backs financial services businesses - Sells its entire 43.8% shareholding in Paladin Holdings Ltd,...

Thu, 07/12/2023 - 19:35


Tintra continues ‘productive discussions’ with LRB 35

LRB 35 Ltd on Thursday said it still plans to acquire a position in Tintra PLC, despite the company shifting away from a takeover.

Tintra is...

Thu, 07/12/2023 - 18:31


TRADING UPDATES: N4 Pharma hails ‘encouraging’ siRNA research

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

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Wentworth Resources PLC - Tanzania-focused natural...

Thu, 07/12/2023 - 18:28


Adalan reaches non-binding deal for reverse takeover of two companies

Adalan Ventures PLC on Thursday said it reached an agreement for the acquisition of two operating businesses in the financial technology sectors via a reverse...

Thu, 07/12/2023 - 14:25


Admiral agrees deal to buy RSA’s More Than insurance business

Admiral Group PLC has agreed to buy the More Than personal home and pet cover business from RSA Insurance in a deal worth up to...

Thu, 07/12/2023 - 14:11


TOP NEWS: Mondi gets full payment from Syktyvkar sale in Russia

Mondi PLC on Thursday confirmed it had received 80₽ billion, about $866.9 million, from the sale of Joint Stock Co Mondi Syktyvkar, its last remaining...

Thu, 07/12/2023 - 13:56


THG backer Kelso pushes for demerger to trim ‘inherent’ valuation gap

THG PLC investor Kelso Group Holdings PLC on Thursday reiterated its call for a demerger, which the shareholder believes will help close the ‘disparity’ between...

Thu, 07/12/2023 - 12:54


SDI shares fall as profit plummets on slowdown and destocking

SDI Group PLC on Thursday said its first-half performance was hurt by slowdowns in China and Germany, with its profit falling despite increased revenue.

The stock...

Thu, 07/12/2023 - 11:54


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