Global minerals investor Atlas Metals said Thursday that it has abandoned its proposed £1 billion ($1.34 billion) reverse takeover of a green-concrete materials company, and that it is seeking to recover money owed by the target.
Global minerals investor Atlas Metals said Thursday that it has abandoned its proposed £1 billion ($1.34 billion) reverse takeover of a green-concrete materials company, and that it is seeking to recover money owed by the target.
Investment manager DBAY Advisors Ltd. confirmed Thursday that it is considering making an improved offer of £103.5 million ($140 million) to fully acquire Logistics Development Group, amid concerns that the group's shareholders are "frustrated" with the performance of its share price.
U.S. biopharma company ANI said Thursday it has offered to acquire Swedish pharmaceutical company Egetis for up to approximately 5.3 billion Swedish kronor ($541 million) to gain access to a newly approved drug.
Next 15 Group PLC said Thursday that it has completed the sale of its communications business Marker to a Canadian company for £70.4 million ($95 million) as it continues to simplify its structure.
An insurance software provider said Thursday it has bought a commercial lines policy administration and product distribution company, in a deal guided by Capital Law.
India-based Adani Ports and Special Economic Zone Ltd. said Thursday that it plans to acquire Evos BV, a liquid storage operator based in the Netherlands, in a $2.9 billion deal advised by Linklaters LLP and Cyril Amarchand Mangaldas.
Galantas Gold Corp. said Thursday it plans to move its share trading to the main market of the London Stock Exchange from the bourse's junior investment platform, as the gold and copper assets developer looks to grow its business.
Morgan Sindall said Thursday it has started a £75 million ($101 million) share buyback program, as the U.K. construction and property services group looks to reduce its share capital.
