Bids, mergers and takeovers

IN BRIEF: NetScientific completes purchase of 30% stake in Vortex

NetScientific PLC - London-based life sciences and sustainability technology investment firm - Completes acquisition of 30% interest in Vortex Biotech Holdings Ltd for £300,000, after...

Tue, 16/08/2022 - 17:45

TOP NEWS: FirstGroup shares drop as I Squared pulls out of bid

FirstGroup PLC on Tuesday noted that I Squared Capital Advisors UK LLP has confirmed that it will not make an offer for the Aberdeen, Scotland-based...

Tue, 16/08/2022 - 16:49

IN BRIEF: ICG Enterprise co-invests $5 million in Vistage Worldwide

ICG Enterprise Trust PLC - London-based private equity investor - Alongside Gridiron Capital Fund V, invests $5 million in Vistage Worldwide. ICG says Vistage ‘is...

Tue, 16/08/2022 - 14:18

IAG converts €100 million Globalia loan into 20% stake in Air Europa

International Consolidated Airlines Group SA on Tuesday said it has exchanged its €100 million seven-year unsecured loan to Globalia for a 20% equity stake in...

Tue, 16/08/2022 - 11:08

Mondi acquires paper production plant from Burgo for €40 million

Mondi PLC on Tuesday said it agreed to acquire the Duino mill from Italian paper manufacturer Burgo Group for a total of €40 million....

Tue, 16/08/2022 - 09:58

LondonMetric sells four assets in deals worth £25.6 million

LondonMetric Property PLC on Tuesday said it has sold a trio of assets in Birmingham and one London property for total £25.6 million.

In its...

Tue, 16/08/2022 - 09:13

Ted Baker agrees to £211 million takeover by Reebok owner Authentic

Ted Baker PLC on Tuesday said it has agreed to £211 million takeover from Reebok owner Authentic Brands Group, ending a several months long formal...

Tue, 16/08/2022 - 08:49

GSK completes acquisition of biopharmaceutical firm Affinivax

GSK PLC on Tuesday said it has completed the acquisition of Massachusetts-based clinical-stage biopharmaceutical company Affinivax Inc.

GSK said the acquisition aligns with its strategy...

Tue, 16/08/2022 - 08:29

Sage buys Washington-based Lockstep for undisclosed sum

Sage Group PLC on Tuesday said it has acquired Lockstep, which provides cloud native technology to automate accounting workflows between companies.

Sage is a...

Tue, 16/08/2022 - 08:27

PRESS: Reebok-owner ABG to make £200 million bid for Ted Baker - Sky

US consumer goods group Authentic Brands Group is on the verge of announcing a £200 million takeover bid for fashion retailer Ted Baker PLC, Sky...

Mon, 15/08/2022 - 21:09