Bids, mergers and takeovers


Shell strikes deal to buy combined-cycle power plant in Rhode Island

Shell PLC on Wednesday said it was buying a combined-cycle power plant in a priority US trading market.

In a statement, the London-based oil major announced...

Wed, 23/10/2024 - 21:46


IN BRIEF: SkinBioTherapeutics boosts financial 2025 turnover forecast

SkinBioTherapeutics PLC - Newcastle, England-based skin health-focused life sciences company - Says the integration of its £1.3 million acquisition, Bio-Tech Solutions Ltd, is ‘well-advanced’. It...

Wed, 23/10/2024 - 16:34


TOP NEWS: Sports Direct owner Frasers withdraws from Mulberry bid

Frasers Group PLC on Wednesday said it does not intend to make a takeover offer for Mulberry Group PLC, a day after the latter called...

Wed, 23/10/2024 - 14:11


PRS REIT mulls sale of company as launches strategic review

PRS REIT PLC on Wednesday said it is starting a formal sale process as it is considering all options to improve value for shareholders.

The Manchester,...

Wed, 23/10/2024 - 14:03


IN BRIEF: Home REIT to repay Scottish Widows loan after property sales

Home REIT PLC - London-based real estate investment trust, which invests in UK social housing - Sells a further 152 properties for £26.8 million, representing...

Wed, 23/10/2024 - 10:31


Patria Private Equity Trust sells 14 investments for £180 million

Patria Private Equity Trust PLC on Wednesday announced its sale of 14 underlying fund investments for around £180 million.

The Edinburgh, Scotland-based investment company said...

Wed, 23/10/2024 - 10:30


TOP NEWS: WPP reports third quarter growth and backs full year guidance

WPP PLC on Wednesday reported revenue growth for its third quarter, and it reiterated its full year guidance.

Shares in WPP were trading up 4.1%...

Wed, 23/10/2024 - 09:33


IN BRIEF: UK regulator starts probe of Carlsberg purchase of Britvic

Britvic PLC - Hemel Hempstead, England-based maker of Robinsons, J2O and Tango soft drinks - The UK Competition & Markets Authority launches inquiry into whether...

Wed, 23/10/2024 - 08:41


EU clears JD Sports bid for France’s Courir, with conditions

The EU on Tuesday said it has conditionally approved British sports fashion retailer JD Sports Fashion PLC’s €520-million bid for French peer Courir.

JD Sports first...

Tue, 22/10/2024 - 17:22


IN BRIEF: Seplat Energy gets Nigerian consent for acquisition of MPNU

Seplat Energy PLC - Nigeria-focused energy supplier - Says that the Nigerian government approves acquisition of Mobil Producing Nigeria Unlimited, or MPNU, noting that the...

Tue, 22/10/2024 - 11:00


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