Macfarlane Group PLC announced the acquisition of Polyformes Limited for up to a maximum cash consideration of £11.5 million, including an earn-out of up to £4.8 million over two years.
Author: Bernice Miles
Carlsberg offers to acquire Britvic Plc for £3.3 billion
LONDON: Carlsberg A/s reached agreement on the terms of a recommended cash offer to acquire Britvic Plc at the rate of 1,315 pence for each Britvic share, valuing the entire issued and to be issued ordinary share capital of Britvic at approximately £3.3 billion on a fully diluted basis and an implied enterprise value of…
Spectris Plc agrees to acquire SciAps Incorporated for $260 million
Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, has agreed to acquire SciAps Incorporated for consideration of up to $260 million (£205 million)
GSK acquires full rights to mRNA candidate vaccines
GSK acquires full rights to develop, manufacture and commercialise globally mRNA candidate vaccines for influenza and COVID-19, including combinations
Fintel Plc has acquired Threesixty Services Limited
LONDON, UK: Fintel Plc (AIM: FNTL), the leading provider of fintech and support services to the UK retail financial services sector, announced the successful completion of the previously announced acquisition of Threesixty Services Limited, a provider of compliance and business support services, from abrdn plc. The acquisition will further strengthen Fintel’s range of quality services…
Saint-Gobain to acquire FOSROC for $1.025 billion in cash
LONDON: Saint-Gobain has entered into a definitive agreement to acquire FOSROC, a leading privately owned global construction chemicals player for $1,025 million (approximately €960 million) in cash. Following the acquisitions of Chryso in 2021, GCP in 2022 and 33 additional acquisitions since 2021, this move is a new strategic step in establishing Saint-Gobain’s worldwide presence…
Alteration Earth plc signs terms to acquire PRI0R1TY AI for £12.5 million
LONDON: Alteration Earth plc has entered non-binding heads of terms to acquire the entire issued share capital of PRI0R1TY AI PLC, an unquoted public limited company incorporated in England and Wales in consideration for an issue of new shares in the company. The proposed acquisition is subject to legal, financial and other due diligence and…
Alliance Trust and Witan Investment Trust to merge and create Alliance Witan PLC
LONDON, UK: The boards of Alliance Trust PLC and Witan Investment Trust plc announced that the companies have entered into heads of terms for a combination of the two companies to create Alliance Witan PLC. This follows a comprehensive strategic review by the board of Witan of its investment management arrangements. The combination will build…
Landsec Securities acquires additional 17.5% stake in Bluewater for £120m
Land Securities Group (Landsec) has completed the acquisition of an additional 17.5% stake in Bluewater from GIC for £120m, increasing its ownership in one of the UK’s leading retail destinations to 66.25%.
Augmentum Fintech makes £2.6 million investment into LoopFX
LONDON, UK: Augmentum Fintech plc (LSE: AUGM), Europe’s leading publicly listed fintech fund, announces that it has made a £2.6 million investment into London based LoopFX. LoopFX (www.theloopfx.com) is the new independent venue for large spot FX trades with a unique matching solution for market participants. LoopFX enables traders to match, in real-time, with other…
NatWest Group to acquire businesses of Sainsbury’s Bank
LONDON: J Sainsbury PLC has entered into an agreement for the sale of Sainsbury’s Bank plc’s personal loan, credit card and retail deposit portfolios to NatWest Group, one of the UK’s leading banks. “We expect the Transaction to complete in the first half of calendar year 2025,” a press release noted. This Transaction does not…
Shawbrook Group to acquire motor finance lender, JBR Auto Holdings
LONDON: Shawbrook Group plc has signed an agreement to acquire JBR Auto Holdings Limited (JBR), a UK specialist motor finance lender focused on high-end vehicles. Subject to satisfaction of the conditions precedent to the acquisition, completion is expected to take place in Q3 2024. The acquisition not only broadens Shawbrook’s offering within the regulated motor…