Bids, mergers and takeovers


Royal Mail takeover by Daniel Kretinsky cleared by UK government

Royal Mail’s takeover by a Czech billionaire has been given the green light by the UK government, allowing the postal service to pass into foreign...

Mon, 16/12/2024 - 09:17


TT Electronics has ‘confidence’ in outlook as Volex ends pursuit

TT Electronics PLC on Thursday backed its medium-term outlook, after Volex PLC ruled out making an offer for the manufacturer of electronic components.

Woking, Surrey-based...

Fri, 13/12/2024 - 06:12


Kosmos Energy sizes up possible all-share bid for Tullow Oil

Tullow Oil PLC late Thursday said it is in early stage talks over a possible takeover bid from Kosmos Energy Ltd.

The Africa-focused oil &...

Fri, 13/12/2024 - 06:01


Parkmead agrees sale of North Sea oil assets to Serica Energy

Parkmead Group PLC on Thursday said it has signed an agreement to sell subsidiary Parkmead (E&P) Ltd as it switches its focus to growing its...

Thu, 12/12/2024 - 16:42


Volex ends takeover approach for TT Electronics as offers rebuffed

Volex PLC on Thursday said it won’t make a takeover offer for TT Electronics PLC, saying the TT board wants too high of a price.

Volex...

Thu, 12/12/2024 - 11:40


Equals Group agrees to £283 million takeover by Alakazam

Equals Group PLC reported on Wednesday it had agreed to a £283 million takeover by Alakazam Holdings Bidco Ltd.

The London-based fintech company and payment platform...

Wed, 11/12/2024 - 13:49


Sound Energy completes sale of Moroccan assets for $45.2 million

Sound Energy PLC on Wednesday said it has completed the sale of its Moroccan assets for up to $45.2 million.

Sound Energy is a transition...

Wed, 11/12/2024 - 10:43


Optima Health sees revenue fall but claims ‘robust performance’

Optima Health PLC on Wednesday released its first half-year results since its demerger from Marlowe PLC back in September.

Optima Health is a software provider...

Wed, 11/12/2024 - 10:02


Cohort reports strong growth as conflicts fuel defence spending

Cohort PLC on Wednesday reported record half-year results and hiked its interim dividend, as geopolitical instability drove increased defence spending.

Shares in Cohort rose 6.1% to...

Wed, 11/12/2024 - 09:57


IN BRIEF: Alteration Earth to become Pri0r1ty Intelligence, join AIM

Alteration Earth PLC - London-based special purpose acquisition company - Plans to move its listing to AIM from the London Main Market and rename itself...

Tue, 10/12/2024 - 12:19


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