Bids, mergers and takeovers


Tritax Big Box REIT completes merger amid strong opening quarter

Tritax Big Box REIT PLC on Friday reported increased rental income from development activity in the three months ended March 31, ahead of its merger...

Fri, 17/05/2024 - 10:59


IN BRIEF: Conygar buys long-leasehold of Virgin Active gym site

Conygar Investment Co PLC - property investment and development group - Buys long-leasehold interest of site occupied by Virgin Active gym on the Great Northern...

Thu, 16/05/2024 - 18:35


Concord withdraws buy offer for Hipgnosis after outbid by Blackstone

Concord Chorus Ltd on Thursday said it terminated its proposed takeover offer for Hipgnosis Songs Fund Ltd, after it was outbid by Blackstone Inc in...

Thu, 16/05/2024 - 16:17


EARNINGS AND TRADING: Griffin Mining profit up; Secure Trust confident

The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News:

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Griffin...

Thu, 16/05/2024 - 14:29


M&C Saatchi says on track to deliver cost savings as sheds Swiss arm

M&C Saatchi PLC on Thursday said trading was in line with expectations and ‘well ahead’ of the ‘challenging’ prior year.

Ahead of Thursday’s annual general meeting,...

Thu, 16/05/2024 - 13:13


Tyman revenue falls in first four months of 2024 on subdued market

Tyman PLC on Thursday said revenue decreased in the first four months of 2024 on tough market conditions, as its takeover by US peer Quanex...

Thu, 16/05/2024 - 10:25


TOP NEWS: John Wood rejects improved takeover proposal by Sidara

John Wood Group PLC on Wednesday said it rejected a new takeover proposal from Dar Al-Handasah Consultants Shair & Partners Holdings Ltd, known as Sidara....

Wed, 15/05/2024 - 15:55


TOP NEWS: IDS shares up after considers improved offer proposal by EP

International Distributions Services PLC said it is minded to recommend a ‘fair’ revised non-binding proposal for a potential takeover offer from EP Corporate Group AS.

The...

Wed, 15/05/2024 - 15:06


Mission Group shareholder rejects Brave Bison takeover approach

Brave Bison Group PLC’s bid for fellow AIM listing Mission Group PLC is ‘highly unattractive’, the investment manager of a major Mission shareholder said on...

Wed, 15/05/2024 - 13:26


Henderson Euro trusts agree amended terms for £700 million merger

Henderson European Focus Trust PLC and Henderson EuroTrust PLC on Tuesday announced revised terms in respect of their intended merger.

The combination, announced in March,...

Tue, 14/05/2024 - 19:30


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