Bids, mergers and takeovers


IN BRIEF: Vodafone may buy Telekom Romania Mobile Communications

Vodafone Group PLC - Newbury, England-based telecommunications provider - Signs tentative accord with Hellenic Telecommunications Organization SA to buy part of Hellenic’s wholly owned subsidiary...

Thu, 31/10/2024 - 10:17


J Sainsbury sells Argos credit cards portfolio for £720 million

J Sainsbury PLC on Thursday said it has sold the credit card portfolio of its Argos general merchandise arm for £720 million, creating a partnership...

Thu, 31/10/2024 - 09:20


Oryx International Growth Fund sees offers for two portfolio companies

Oryx International Growth Fund Ltd on Wednesday noted two of its portfolio companies have received takeover offers.

Guernsey-based Oryx invests in medium and small quoted...

Wed, 30/10/2024 - 15:03


IN BRIEF: BP Marsh invests £2.5 million for stake in start-up SRT

BP Marsh & Partners PLC - London-based private equity firm, investing in early-stage financial services businesses - Buys 30% stake in SRT & Partners Ltd,...

Wed, 30/10/2024 - 14:58


Nexus Infrastructure anticipates revenue fall in line with forecast

Nexus Infrastructure PLC on Wednesday said it expected to report a fall in annual revenue in line with market expectations, as a result of ‘challenging...

Wed, 30/10/2024 - 14:28


Grafton notes challenging trading as completes Salvador Escoda buy

Grafton Group PLC on Wednesday said business in the UK and Finland remains challenging, but it is confident that its medium-term outlook is positive.

The Dublin-based...

Wed, 30/10/2024 - 14:26


CAB Payments lowers outlook for second half as takeover talks continue

CAB Payments Holdings PLC on Wednesday said it no longer expects ‘positive leverage’ in the second half of the year on account of reduced revenue,...

Wed, 30/10/2024 - 14:14


IN BRIEF: Diversified Energy completes purchase of Texas gas assets

Diversified Energy Co PLC - Alabama-based, US-focused natural gas producer - Completes $69 million acquisition of a package of gas-producing wells in eastern Texas that...

Wed, 30/10/2024 - 14:10


IN BRIEF: Hochschild Mining exercises option to buy Brazil gold mine

Hochschild Mining PLC - mines silver and gold in Peru, Argentina and Brazil - Exercises option to buy 100% of Monte Do Carmo project in...

Wed, 30/10/2024 - 13:38


Smurfit WestRock swings to third-quarter loss due to merger costs

Smurfit WestRock PLC on Wednesday said it swung to a loss in the third quarter of 2024, due to expenses from its merger with WestRock...

Wed, 30/10/2024 - 12:37


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