Bids, mergers and takeovers


Supreme in ‘advanced’ talks over potential acquisition of Typhoo Tea

Supreme PLC said on Thursday it is in talks to buy Typhoo Tea Limited, after Typhoo was placed into administration.

Supreme is a Manchester, England-based manufacturer...

Thu, 28/11/2024 - 16:18


IN BRIEF: CIG stake in Hummingbird to be 72% after debt-to-equity deal

Hummingbird Resources PLC - AIM-listed gold mining company based in London - Conditionally agrees with Nioko Resources Corp, its largest shareholder with 42% of its...

Thu, 28/11/2024 - 12:30


IN BRIEF: Orosur Mining completes acquisition of Anza gold project

Orosur Mining Inc - South America-focused minerals explorer and developer - Completes its acquisition of Minera Monte Aguila SAS, meaning it now has 100% ownership...

Thu, 28/11/2024 - 12:11


TOP NEWS: Renewi says would back £701 million Macquarie tilt

FTSE 250-listed Renewi PLC said it would recommend a new takeover proposal worth over £700 million from Macquarie Asset Management should a firm offer materialise....

Thu, 28/11/2024 - 11:24


TOP NEWS: Fortress Investment to buy Loungers for £338 million

Loungers PLC said on Thursday it has agreed to the terms and conditions of a roughly £340 million all-cash takeover by Fortress Investment Group, alongside...

Thu, 28/11/2024 - 10:00


Energean reduces production guidance as disposals set to complete

Energean PLC on Thursday reported strong revenue figures as it said production in Israel was unaffected by the conflicts in Gaza and Lebanon.

Energean is...

Thu, 28/11/2024 - 09:50


TOP NEWS: Direct Line rejects £3.3 billion bid approach from Aviva

Aviva PLC on Wednesday said it had made an approach to buy Direct Line Insurance Group PLC, which had been rejected.

London-based Aviva said the cash...

Wed, 27/11/2024 - 19:29


Nationwide profit falls but books big gain from Virgin Money deal

Nationwide Building Society on Wednesday posted a steep fall in profit and revenue amidst ‘challenging’ economic conditions, in its first earning release following its acquisition...

Wed, 27/11/2024 - 11:42


Johnson Matthey half-year revenue down on ‘challenging’ backdrop

Johnson Matthey PLC on Wednesday reported a ‘resilient’ first-half performance as revenue fell, but profit was boosted by a disposal gain.

The London-based chemicals maker said...

Wed, 27/11/2024 - 10:25


IN BRIEF: Apax funds to buy Evelyn Partners accountancy business

Apax Global Alpha Ltd - closed-ended investment company providing access to the private equity funds of investment adviser Apax Partners LLP - Expects to invest...

Wed, 27/11/2024 - 10:09


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