Bids, mergers and takeovers

Picton Property to sell London asset as cuts office exposure

Picton Property Income Ltd on Tuesday said it has exchanged contracts for the sale of its second-largest London office asset, trimming its sector exposure.

The UK...

Tue, 02/04/2024 - 10:18

Viavi claims rival bid for Spirent would limit customer choice

Viavi Solutions Inc on Tuesday said a rival bid for Spirent Communications PLC would ‘limit customer choice’.

Last Thursday, Spirent, the Crawley, England-based test and assurance...

Tue, 02/04/2024 - 09:55

IN BRIEF: Hochschild Mining sells Crespo project for $15 million

Hochschild Mining PLC - Gold and silver miner with operations in South America - Sells its Crespo project in southern Peru for $15 million to...

Tue, 02/04/2024 - 09:51

RHI Magnesita boosts US production capabilities with Resco acquisition

RHI Magnesita NV on Tuesday announced the acquisition of Resco Group, a US based producer of alumina monolithics and basic and non-basic refractories, from Balmoral...

Tue, 02/04/2024 - 09:38

IN BRIEF: Bank of Georgia gets approval for $304 million Ameriabank

Bank of Georgia Group PLC - Tbilisi-based lender - Receives regulatory approval from Armenian Competition Protection Commission and the Central Bank of Armenia for the...

Tue, 02/04/2024 - 09:17

TOP NEWS: HSBC to pay special dividend after completing Canadian sale

HSBC Holdings PLC on Tuesday said it would pay shareholders a special dividend after completing the sale of its Canadian business.

The Asia-focused lender will make...

Tue, 02/04/2024 - 08:44

BHP, Mitsubishi Development seal sale of stake in coal joint venture

BHP Group Ltd said it and Mitsubishi Development Pty Ltd had completed the sale of the Blackwater and Daunia mines.

These mines are part of...

Tue, 02/04/2024 - 07:42

PRESS: AutoNation considering bid of Inchcape UK assets

Inchcape PLC’s UK offering has attracted bid interest from New York-listed AutoNation Inc, Sky News reported on Monday.

AutoNation is mulling a bid for the...

Tue, 02/04/2024 - 06:55

Superdry CEO Dunkerton decides against offer for struggling firm

Superdry PLC on Thursday said a takeover offer from Chief Executive Officer Julian Dunkerton is unlikely, but he remains committed to the company.

Early in February,...

Thu, 28/03/2024 - 17:43

EARNINGS AND TRADING: 888 advances US exit; Arrow ups reserve estimate

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

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Critical Metals PLC...

Thu, 28/03/2024 - 14:35

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