Bids, mergers and takeovers


TRADING UPDATES: Billington on track to beat 2023 expectations

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

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Gusbourne PLC - Ashford, England-based sparkling...

Tue, 14/11/2023 - 14:19


R&Q Insurance has big plans for Legacy once Accredited sale closes

R&Q Insurance Holdings Ltd on Tuesday outlined plans for the future of its Legacy business, as it continues to work towards completing the sale of...

Tue, 14/11/2023 - 12:12


Picton Property Income interim loss narrows amid merger talks

Picton Property Income Ltd on Tuesday reported that its loss narrowed in the first half of its financial year, amid merger talks.

Last week, Picton confirmed,...

Tue, 14/11/2023 - 11:34


Under pressure Elementis eyes cost savings and margin growth

Elementis PLC on Tuesday set out a lofty margin target and said it plans ‘above market revenue growth by 2026’.

Shares in the company were...

Tue, 14/11/2023 - 10:48


TOP NEWS: DCC agress to buy Progas as profit and revenue go down

DCC PLC on Tuesday said it agreed its largest ever German acquisition with Progas GmbH, and said revenue and profit both fell in the latest...

Tue, 14/11/2023 - 09:53


TOP NEWS: Glencore clinches deal to buy Teck steelmaking coal business

Glencore PLC on Tuesday said it has entered a binding agreement to buy 77% of Teck Resources Ltd’s steelmaking coal business, Elk Valley Resources, for...

Tue, 14/11/2023 - 08:32


TRADING UPDATES: PCI-PAL picked by Zoom; Biome in project delays

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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PCI-PAL PLC - Suffolk, England-based global...

Mon, 13/11/2023 - 16:43


Wentworth Resources average daily production breaks record

Wentworth Resources PLC on Monday said its average production has hit a record high, as it targets further drilling in 2024.

The Tanzania-focused natural gas production...

Mon, 13/11/2023 - 16:38


IN BRIEF: Zegona raises €300 million in placing for Vodafone deal

Zegona Communications PLC - London-based investor in European telecommunications, media and technology sector - Raises €300 million from share placing, with the funds to go...

Mon, 13/11/2023 - 15:29


IN BRIEF: Financials Acquisition Corp to shutter as LIU merger fails

Financials Acquisition Corp - Cayman Islands-based special purpose acquisition company sponsored by FINSAC LLP - FAC and London Innovation Underwriters Ltd both announce the termination...

Mon, 13/11/2023 - 15:08


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