LONDON, UK: Regent Acquisitions Limited has negotiated the acquisition of TClarke plc, with both companies’ boards of directors expressing their satisfaction over the agreed terms. The transaction will see Regent Acquisitions making a recommended cash offer for the entire issued and to be issued share capital of TClarke that is not already under the ownership…
Tag: takeover
Comvita Limited receives takeover offer from mystery offshore party
AUCKLAND: Comvita Limited, the global leader in Mānuka honey and bee consumer goods, has announced that it has received a non-binding indicative offer (NBIO) from an undisclosed offshore party to acquire all of its shares. The offer price is said to be a significant premium to the current share price of Comvita, which closed at…
Turkish Retailer Trendyol Makes £1 Billion Takeover Bid for ASOS
In a surprising move, Turkish online retailer Trendyol, backed by Chinese giant Alibaba, has submitted a takeover bid worth £1 billion for UK-based online fashion retailer ASOS. The offer, made in December of last year, values ASOS at £10 to £12 per share, significantly higher than its recent closing price of £3.50. According to reports…
CKA Group’s CK Bidco to takeover Civitas Social Housing for £485 million
LONDON, UK: Wellness Unity Limited (CK Bidco) has agreed to takeover Civitas Social Housing Plc for 80 pence per share translating the offer value of the entire issued share capital of Civitas (excluding treasury shares) at approximately £485 million. The cash consideration represents a premium of approximately 44.4 per cent to the closing price of…
SynBiotic SE to takeover hemp industry pioneer Daniel Kruse’s group of companies
MUNICH: Synbiotic SE has concluded a contribution agreement for the acquisition of 50.1% of the shares of Hanf Farm GmbH, Hemp Factory GmbH, Hempro International GmbH and MH medical hemp GmbH. The shares will be contributed to the company as part of a capital increase in kind. Synbiotic SE will resolve a capital increase in…
UAC Energy improves and declares wholly unconditional its tender offer for Infigen Energy
SINGAPORE: UAC Energy Holdings Pty Ltd (UAC), an affiliate of AC Energy, has lodged a Supplementary Bidder’s Statement with the Australian Securities and Investments Commission (ASIC) in relation to its off-market takeover bid for all the stapled securities in Infigen Energy Limited. UAC announced in the bidder’s statement that it is increasing its offer price…