FD Technologies shares surge on US takeover offer May 7, 2025 Shares in Newry-based tech firm FD Technologies rocketed on Wednesday as its odds of a US takeover increased. The AIM-listed company’s board of directors issued a statement on Wednesday addressing offers of a takeover from US private equity firm TA Associates. The most recent proposal from TA related to “a possible cash offer” of 2,450p [...]
Argentex shares crash as firm fights to survive May 6, 2025 Argentex shares plummeted nearly 90 per cent in early Tuesday deals as the firm resumed trading on London’s AIM. The embattled currency firm suspended its shares from trading on April 22 after it said its liquidity had significantly worsened as the US dollar weakened. The company then agreed to a takeover from rival IFX on [...]
InPost acquires competitor Yodel to become UK’s third-largest delivery firm April 17, 2025 Poland-based InPost has acquired competitor Yodel as it cements ambitions to grow in the UK market. InPost expects the deal to boost its market share to eight per cent, as well as rapidly increasing its capacity to more than 300 million parcels annually. Under the terms of the deal, InPost has acquired 95.5 per cent [...]
Aviva beats profit expectations amidst Direct Line takeover February 27, 2025 Aviva Plc smashed expectations in its annual profit results amidst its landmark takeover of fellow insurer Direct Line. The FTSE 100 giant posted a 20 per cent increase in operating profit to £1.77bn in 2024. The target surpassed Bloomberg analyst expectations of £1.71bn. Shares in Aviva have returned 11 per cent so far this year, [...]
Chemring shares jump after Bain Capital makes bid February 24, 2025 Bain Capital, one of the world’s largest private equity firms, has reportedly launched a takeover bid for defence group Chemring. Sky News’ Mark Kleinman first reported that Bain has made at least one proposal to acquire the FTSE 250 group, which is used by Elon Musk’s SpaceX Shares in Chemring jumped as much as 13 [...]
Assura: FTSE 250 firm rejects £1.5bn takeover approach February 17, 2025 FTSE 250 healthcare real estate investment trust Assura has rejected a takeover offer worth more than £1.5m – the fourth such deal it has turned down in the last six months it has been revealed. The Altrincham-headquartered business hit the headlines at the end of last week when it emerged it had been approached by [...]
FTSE 250 Assura receives unsolicited takeover approach February 15, 2025 Assura, the FTSE 250 healthcare real estate investment trust, has received an unsolicited takeover approach from private equity giant KKR and a major universities pension scheme. The Altrincham-headquartered company confirmed late on Friday that it had been contacted by KKR and USS Investment Management, which is representing Universities Superannuation Scheme (USS). The parties have until [...]
Harland and Wolff: Deal struck to buy troubled Titanic maker saving 1,000 jobs December 19, 2024 Troubled shipbuilder Harland and Wolff, which crashed into administration owing more than £160m earlier this year, has been saved. Spanish state-owned business Navanti has struck a deal to buy the Belfast-based company in a move which will secure 1,000 jobs at Harland and Wolff’s four shipyards – one in Belfast, two in Scotland (Methil on [...]
National World: Yorkshire Post and The Scotsman owner agrees £65m takeover December 18, 2024 Shareholders in National World, the media group whose titles include Yorkshire Post and The Scotsman, are set for a bumper pay day as a takeover deal which values it at over £65m was agreed. Irish media group Media Concierge, which currently holds a 26 per cent stake in National World, first tabled an offer worth [...]
Foreign takeovers surge as buyers strike megadeals December 12, 2024 The foreign takeover raid on UK companies accelerated this year as international buyers struck a series of mega deals to acquire listed companies. In the ten months to the end of October, deals launched by foreign buyers with a UK target had jumped 55 per cent to $116bn (£91bn), with the number of deals increasing [...]