All the updated news related to takeovers

All the news related to takeovers updated in real time

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City

UK car dealership Pendragon has received a £400 million takeover offer from its major shareholder, sending its shares soaring by more than a fifth on Monday morning. The bid would see Swedish motor company Hedin Group buy out the entirety of ...

26 Sept 2022 at 14:18

City

M&C Saatchi continues to shun ‘derisory’ offer from rival

Advertising and marketing giant M&C Saatchi has reiterated its rejection of the “derisory” £254 million takeover offer from its largest shareholder. M&C said it continues to urge shareholders to “take no action” in response to the bid from ...

13 Sept 2022 at 10:25

City

Investors to snap up ‘bargain’ British firms after dearth of deals in 2022

The number of big takeovers and mergers involving UK-listed companies nearly halved this year as investors were deterred by market volatility, political instability and recession fears. But the tide is set to turn in 2023, with buyers ...

27 Dec 2022 at 09:00

City

M&C Saatchi withdraws backing for Next Fifteen takeover deal

Advertising firm M&C Saatchi has pulled its support for a £310 million takeover bid by consultancy Next Fifteen. M&C Saatchi said it no longer found the terms of the deal to be “fair and reasonable”, after a slump in the suitor’s ...

17 Jun 2022 at 11:33

Football

Chris Kirchner misses deadline to provide proof he has means to buy Derby

Derby’s administrators have confirmed prospective buyer Chris Kirchner has not met a deadline to provide proof he has the means to purchase the club. Kirchner, who was named as the preferred bidder in April, was given until 5pm ...

10 Jun 2022 at 20:42

Football

EFL ramps up the pressure on administrators over delay in the sale of Derby

The English Football League has ramped up the pressure on Derby’s administrators to secure a sale of the club. A deadline for American businessman Chris Kirchner to demonstrate his readiness to take over the Rams passed by on ...

12 Jun 2022 at 14:47

Football

EFL urges Derby administrators to prove the club can survive

The English Football League has urged Derby’s administrators to prove the club can survive after Chris Kirchner missed a deadline to show he had the cash to buy the Rams. American businessman Kirchner, who was named as the ...

10 Jun 2022 at 23:36

Football

Thomas Zilliacus confirms second offer to buy Manchester United still stands

Finnish businessman Thomas Zilliacus has reaffirmed that his second bid to buy Manchester United remains on the table. Zilliacus said earlier this month he would not be entering a third round of bidding for the Old ...

25 Apr 2023 at 10:08

Rugby Union

London Irish threatened with suspension as RFU imposes takeover deadline

London Irish could be suspended from the Gallagher Premiership as speculation continues to rage about their future amid a possible takeover by an American consortium. The Rugby Football Union says that, along with ...

15 May 2023 at 18:47

Football

Erik ten Hag focused on more cup success after meeting bidder Sir Jim Ratcliffe

Manchester United boss Erik ten Hag was keeping his focus on trying to progress in another cup competition as takeover talk ramped up at Old Trafford. Ten Hag met Sir Jim Ratcliffe’s INEOS delegation on Friday, ...

17 Mar 2023 at 13:50

Football

From Denver Broncos to Chelsea – world’s most expensive sporting takeovers

The takeover process at Manchester United is set to hit another milestone with Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al Thani expected to submit improved bids. A figure of around £5billion has been ...

23 Mar 2023 at 13:13

Football

Sheikh Jassim submits second bid to buy Manchester United

Manchester United have received a second Qatari bid to buy the Old Trafford club, the PA news agency has been told. Sheikh Jassim, the chairman of Qatar Islamic Bank and the son of a former Qatari prime ...

25 Mar 2023 at 10:29

Years
2025

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hedin group
pendragon
takeover

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