TGI Fridays acquired by listed UK outfit in rare win for the capital April 16, 2024 The "transformational combination" would merge "TGI Fridays' largest franchisee with the global franchisor", and is being classed as a reverse takeover.
Tclarke becomes the latest firm to leave the London Stock Exchange with £91m buyout April 16, 2024 Regent has offered 160p per share in cash for Tclarke as well as a final dividend of 4.525p per share, representing the final dividend for the latter's financial year ending 31 December 2023.
London-listed Centaur Media receives takeover approach April 10, 2024 Centaur Media, the owner of titles such as The Lawyer, could become the latest London-listed company to go private after a takeover approach was revealed.
TAG: Travel agent for Jay-Z, Rihanna and Lady Gaga sold to ECI Partners April 10, 2024 A former investor in the likes of Harry Potter publisher Bloomsbury, Games Workshop and National Express has acquired a travel agent that arranges the itineraries for the likes of Jay-Z, Rihanna, Lady Gaga and the Foo Fighters.
Merger of medicinal cannabis firm Northern Leaf and CBD brand Voyager collapses April 9, 2024 A deal which would have ensured the "survival" of a medicinal cannabis producer through a merger with a Scottish CBD firm has collapsed.
UK now second most targeted country for mergers and acquisitions March 28, 2024 The UK is now the second most targeted nation for mergers and acquisitions globally, behind only the US, as deals in the country have surged to $76.1bn (£60.2bn) so far in 2024. UK mergers and acquisitions have been 88 per cent higher than this time last year but are still below the values in the [...]
Former In The Style owner to be kicked off AIM and wound up March 28, 2024 The former owner of fashion label In The Style is to be wound up after failing to secure a takeover deal.
Japanese retailer Muji eyes up pre-pack administration deal to keep UK stores open March 28, 2024 Japanese retailer Muji is lining up a deal to sell itself out of administration in a bid to keep its UK stores open.
Business leaders set to sell off portfolios, suggesting deal making spike March 27, 2024 Business leaders are reporting a strong interest in shifting parts of their portfolio over the next year, potentially leading to a spike in new mergers and acquisitions, City A.M. can reveal. 79 per cent of business leaders surveyed by Deloitte globally said that they were planning to make at least three divestments over the next [...]
‘Loyal’ customers help alcohol subscription service Beer52 weather disposable income hit March 25, 2024 A "loyal" customer base helped alcohol subscription service Beer52 weather the "challenging trading environment" during its latest financial year.