Bids, mergers and takeovers


AO World acquisition of musicMagpie gets UK FCA nod

AO World PLC on Wednesday revealed that the UK Financial Conduct Authority intends to approve its acquisition of musicMagpie PLC through its wholly-owned subsidiary AO...

Wed, 06/11/2024 - 10:16


Spirent Communications quarterly revenue up amid impending takeover

Spirent Communications PLC on Wednesday said third-quarter performance has shown year-on-year improvement, despite continued ‘customer hesitancy’ amid takeover negotiations.

The Crawley, England-based provider of testing...

Wed, 06/11/2024 - 10:00


Hornby sells loss-making Oxford Diecast brand for £1.4 million

(Alliance News - Hornby PLC on Tuesday said it has agreed to dispose of subsidiary LCD Enterprises Ltd for around £1.4 million.

The Margate, England-based model...

Wed, 06/11/2024 - 08:01


Doric Nimrod Air Two plans share redemption following A380 sales

Doric Nimrod Air Two Ltd said Tuesday it has completed of the sale of three A380-861 aircraft, and it plans to distribute the sale proceeds...

Tue, 05/11/2024 - 15:56


IN BRIEF: BigBlu Broadband shares jump as confirms SkyMesh talks

Bigblu Broadband PLC - London-based broadband service provider - Confirms in response to Australian media reports that it is in discussions with Melbourne-based alternative investment...

Tue, 05/11/2024 - 11:53


Christie sells stocktaking business Orridge to RGIS for £5 million

Christie Group PLC on Tuesday announced it has sold Orridge Holdings Ltd to RGIS Inventory Specialists Ltd for £5 million.

Christie is a London-based provider...

Tue, 05/11/2024 - 11:38


Pan African Resources acquires 92% on Tennant in all-share deal

Pan African Resources PLC said on Tuesday it has acquired the rest of Tennant Consolidated Mining Group Pty Ltd for $54.2 million in an all-share...

Tue, 05/11/2024 - 10:34


IN BRIEF: Brooks Macdonald acquires CST Wealth Management

Brooks Macdonald Group PLC - London-based wealth manager - Acquires CST Wealth Management Ltd, a Wales-based financial planning firm for an unspecified amount. It follows...

Tue, 05/11/2024 - 10:24


TI Fluid Systems revenue down on ‘challenging’ market conditions

TI Fluid Systems PLC on Tuesday said revenue fell as it has grappled with a tricky automotive market so far in 2024.

The Oxford, England-based...

Tue, 05/11/2024 - 10:17


IN BRIEF: Sirius Real Estate buys UK industrial park for £9 million

Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Acquires a multi-let light industrial park in Carnforth, Lancashire, for £9.05 million. Says this...

Tue, 05/11/2024 - 09:47


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