Bargain basement Britain: Tech takeovers continue with three billion-pound swoops in a day June 9, 2025 The frenzy of UK tech takeovers showed no signs of slowing down on Monday after three separate billion-pound M&A moves were made within hours of each other as US tech giants continued their hunt for British bargains. First to announce a move on Monday was London-listed semiconductor firm Alphawave, which confirmed it had reached an [...]
Alphawave reaches deal on Qualcomm takeover June 9, 2025 Alphawave is poised to become the latest tech firm to quit the London Stock Exchange after reaching a $2.4bn (£2.8bn) deal to be acquired by Qualcomm. The British semiconductor business said its board would now recommend to shareholders the terms of the acquisition after weeks of talks, which began in April. The cash offer of [...]
Textor ready to sell stake in Crystal Palace to help Eagles reach Europe June 4, 2025 John Textor says he is ready to sell his stake in Crystal Palace to avoid the club being kicked out of the Europa League due to rules on multi-club ownership. The American is the largest shareholder in the FA Cup winners with a 43 per cent stake and has accepted defeat in his recent attempts [...]
Nationwide posts bumper year after stamp duty rush May 29, 2025 Nationwide Building Society bolstered its takings in the 12 months to March 31 2025, after a rush to beat the stamp duty deadline led to a surge in first-time buyers. The firm said it served more first-time buyers than any other lender in the UK, with 120,000 purchasing their first home. This was a significant leap from [...]
‘Governance horror-show’: AVI hits out at takeover plan from Dan Loeb-backed Third Point May 21, 2025 A major shareholder of a London-listed business backed by New York hedge fund manager Dan Loeb has hit out at its planned takeover of a US insurer. AVI, which controls a 7.1 per cent share of Third Point Investors, described its takeover proposal as a “governance horror-show”. “Third Point Investors has for some time been [...]
TSB Bank’s profit rockets from stamp duty rush and cost-cutting May 8, 2025 TSB Bank’s cost-cutting plans and a rush to beat the stamp duty deadline imposed by Chancellor Rachel Reeves helped bolster profits in the first quarter. The Edinburgh-headquartered lender increased profit before tax to £101.3m for the first three months of 2025 – an 89 per cent jump from £53.4m in 2024. Operating expenses fell 4.7 [...]
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, [...]