Bids, mergers and takeovers


OPG Power Ventures completes sale of struggling solar assets

OPG Power Ventures PLC announced on Thursday that it sold its minority stake of four solar assets in Karnataka, India totalling 62 megawatts.

The Isle of...

Thu, 21/03/2024 - 10:25


TOP NEWS: Direct Line eyes cost cuts as new CEO fends off Ageas

Direct Line Insurance Group PLC on Thursday announced plans to save £100 million and boost insurance margins, as it looks to stymie the unwanted advance...

Thu, 21/03/2024 - 10:02


MC Mining says Goldway offer below independent valuation range

MC Mining Ltd on Wednesday maintained that the takeover offer from a consortium led by Goldway Capital Investment Ltd undervalued the coal producer.

The Canberra,...

Wed, 20/03/2024 - 15:32


Equals receives buyout offer amidst ‘strong growth’ in first quarter

Equals Group PLC on Wednesday confirmed it has received a takeover approach from a private equity-backed software peer, as part of the strategic review it...

Wed, 20/03/2024 - 12:48


Glencore ‘on track’ to meet new Climate Action Transition Plan targets

Glencore PLC on Wednesday released its 2024-2026 Climate Action Transition Plan, outlining its intention to achieve net zero by 2050.

The revised strategy came about after...

Wed, 20/03/2024 - 09:54


Johnson Matthey sells medical device components arm for $700 million

Johnson Matthey PLC on Wednesday said it has agreed to sell its Medical Device Components business to Montagu Private Equity LLP, with the proceeds to...

Wed, 20/03/2024 - 08:32


EARNINGS AND TRADING: Ten Lifestyle sees profit up but sales flat

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

----------

TMT Investments PLC...

Tue, 19/03/2024 - 19:47


EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic

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

----------

UK Oil &...

Tue, 19/03/2024 - 18:41


Shanta Gold gets final, increased offer from Saturn Resources

Shanta Gold Ltd on Tuesday received an ‘increased and final’ takeover offer from Saturn Resources Ltd.

The East Africa-focused gold producer and Saturn, a subsidiary...

Tue, 19/03/2024 - 14:30


Team Internet acquires ‘leading’ online marketing business in Israel

Team Internet PLC on Tuesday said it has agreed to buy Shinez IO Ltd, an Tel Aviv-based online marketing business, for $41.8 million.

Team Internet, a...

Tue, 19/03/2024 - 12:09


Pages