Bids, mergers and takeovers


TRADING UPDATES: PetroTal buys Peru’s Block 131 for $5.0 million

The following is a round-up of updates by London-listed companies, issued last week Wednesday and not separately reported by Alliance News:

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AFC Energy PLC - Surrey,...

Fri, 17/05/2024 - 18:55


Alpha Growth to acquire majority stake insurance manager Jeometri

Alpha Growth PLC on Friday said it has struck a deal to acquire most of Jeometri Insurance Managers (Guernsey) Ltd, an insurance management services provider.

The...

Fri, 17/05/2024 - 14:28


IN BRIEF: Savannah Energy still suspended amid South Sudan acquisition

Savannah Energy PLC - energy company focused on projects in Africa - Says that its shares remain suspended as it completes the ‘various workstreams’ associated...

Fri, 17/05/2024 - 14:20


FireAngel jumps over 40% as takeover by Siterwell nears

Shares in FireAngel Safety Technology Group PLC shot up on Friday, after the company said its acquisition by Intelligent Safety Electronics Pte Ltd received conditional...

Fri, 17/05/2024 - 12:29


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


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