Bids, mergers and takeovers


UPDATE: XP Power rejects ‘opportunistic’ approach by Advanced Energy

XP Power Ltd on Tuesday confirmed it rejected takeover approaches by New York-listed Advanced Energy Industries Ltd.

The maker of power control systems received approaches...

Tue, 21/05/2024 - 11:18


TOP NEWS: Pennon reports widened loss; CMA opens consultations

Pennon Group PLC on Tuesday reported an increased loss but a higher dividend, as the UK Competition & Markets Authority opened public consultations relating to...

Tue, 21/05/2024 - 10:29


TOP NEWS: Entain puts Georgia asset on chopping block after probe

Entain PLC backed its ‘portfolio of diversified’ assets, as it reported the conclusions of a strategic review on Tuesday, opting to hold on to its...

Tue, 21/05/2024 - 09:33


TOP NEWS: XP Power rejects takeover approach by Advanced Energy

XP Power Ltd shares jumped on Tuesday after its board unanimously rejected takeover approaches by New York-listed Advanced Energy Industries Ltd.

The maker of power...

Tue, 21/05/2024 - 08:58


Power Metal ties up 75% acquisition of engineering technology provider

Power Metal Resources PLC on Monday said it completed the acquisition of 75% of GSA (Environmental) Ltd shares, as previously announced in late February.

Following successful...

Mon, 20/05/2024 - 13:21


Helical enters joint venture with Orion to redevelop City property

Helical PLC on Monday sold a 50% stake in a City property for £55 million to help fund its redevelopment.

The London-focused property developer said it...

Mon, 20/05/2024 - 13:17


Norcros completes sale of Johnson Tiles UK as part of growth strategy

Norcros PLC on Monday said it has completed the sale of Johnson Tiles UK.

The Wilmslow, Cheshire-based kitchen and bathroom products supplier announced the sale in...

Mon, 20/05/2024 - 12:42


Bigblu Broadband swings to loss, CEO resigns upon Brdy buy-out

Bigblu Broadband PLC on Monday reported decreased revenue and a pretax loss for its latest year, and announced the sale of its Norway operations.

Shares...

Mon, 20/05/2024 - 11:11


Victorian Plumbing snaps up Victoria Plum in £22.5 million deal

Victorian Plumbing Group PLC on Monday said its subsidiary Victorian Plumbing Ltd has bought AHK Designs Ltd.

Shares in the company were up 7.5% to 91.78...

Mon, 20/05/2024 - 10:44


British Land sells Meadowhall stake as sharpens retail park focus

Property investor British Land said it has struck a deal to sell its 50% stake in the Meadowhall Shopping Centre in Sheffield for £360 million...

Mon, 20/05/2024 - 08:15


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