Rightmove speaking to UBS and Morgan Stanley after REA takeover interest September 3, 2024 Rightmove is reportedly speaking to UBS and Morgan Stanley on its response to the unsolicited takeover bid from Rupert Murdoch’s REA Group, according to Bloomberg. REA announced its intention to explore a possible cash and share offer for the UK’s biggest property portal in a statement yesterday to the Australian Stock Exchange. It has said [...]
Funerals giant Dignity cuts loss by almost £300m after quitting London Stock Exchange August 28, 2024 Funerals giant Dignity dramatically cut its pre-tax loss by almost £300m in the year it quit the London Stock Exchange, it has been revealed. The Sutton Coldfield-headquartered group, which delisted in May last year, has reported a pre-tax loss of £42.1m for 2023 having lost £327.9m in 2022. Newly-filed documents with Companies House also show [...]
Carlsberg strikes £3.3bn deal for FTSE 250-listed Britvic July 8, 2024 Directors at Britvic said the offer was "fair and reasonable" recommending unanimously that shareholder vote in favour of the scheme.
Tech firm Checkit abandons takeover pursuit of AIM-listed Crimson Tide June 26, 2024 Checkit is now unable to submit another takeover proposal for six months. It had previously attempted to engage in discussions with Crimson multiple times over the last four years.
Brave Bison abandons pursuit of Mission Group after it refuses to engage in ‘constructive dialogue’ June 10, 2024 Digital advertising group Brave Bison has abandoned its attempts to takeover Mission Group, criticising the firm for refusing to engage in "constructive dialogue".
The City is underpricing how likely a Kretinsky-owned Royal Mail is May 30, 2024 British post for British doors, then, even if it arrives three days late? That certainly seems to be the Square Mile’s assumption, with shares in Royal Mail owner IDS only nibbling up 4 per cent or so yesterday despite news of a bid far north of its existing price. The working theory is that Daniel [...]
BHP asks Anglo American for more time to get its deal across the line May 29, 2024 BHP has asked Anglo American for more time to hammer out a deal.
Wood Group rejects second takeover offer from Dubai-based rival Sidara May 15, 2024 Yesterday, Sidara hiked its initial offer of over £1.4bn, or 205p per share, by about three per cent to 212p per share.
Wood Group publishes upbeat trading update after rebuffing bid May 9, 2024 Wood Group has published an upbeat trading update after it emerged the group had recieved a buyout offer.
Competition regulator to probe takeover of logistics firm Wincanton May 8, 2024 The Competition and Markets Authority (CMA) will investigate logistics firm GXO's £764m acquisition of Wincanton, it has been announced.