No bidder named · 12×
FSP / strategic review — who is coming?
no offeror named
type Formal Sale Process
board in active talks · DD underway/granted
current 22.5p
said The Board has maintained a disciplined approach to valuation throughout the FSP and has progressed discussions with parties where it considered that the prospective value and execution certainty provided sufficient basis
2026-09-08
no offeror named
type Formal Sale Process
board no approach / unsolicited · DD unspecified
current 0.239p
2026-09-03
no offeror named
current 12p
outstanding Court sanction
2026-09-03
no offeror named
type Strategic Review - No offeror named
board no approach / unsolicited · DD unspecified
current 2p
said The Directors unanimously believe that the Cancellation, Re-registration and the adoption of New Articles are in the best interests of the Company and its shareholders as a whole and recommend that shareholders vote in f
2026-08-28
no offeror named
type Strategic Review - No offeror named
board no approach / unsolicited · DD unspecified
current 10.5p
said As previously announced, the Board, together with its advisors, is undertaking a full strategic review, at pace, of potential options to improve the Group's financial position (the "Strategic Review").
2026-07-31
no offeror named
type Formal Sale Process
board no approach / unsolicited · DD unspecified
current 49.95p
2026-07-15
no offeror named
current 490.0p
2026-07-15
no offeror named
type Strategic Review - No offeror named
board no approach / unsolicited · DD unspecified
current 1587.5p
2026-07-08
no offeror named
type Formal Sale Process
board no approach / unsolicited · DD unspecified
current 1534p
said The Company is no longer in discussions with any party in relation to any proposal for a potential sale of the Company that the Board considers to be deliverable.
2026-07-02
no offeror named
current 193p
18:17 27-J · stage from Panel
no offeror named
current 3.4p
07:30 04-N · stage from Panel
no offeror named
current 218p
07:00 08-A · stage from Panel
Possible offer · 9×
Rule 2.4, bidder named, no firm offer
Greenland Energy Company
bid price 1.1p = 1.1p stock [rollover]
type Talks with a single named potential offeror
board in active talks · DD unspecified
PUSU run 28d
today (stock) not revalued — 0.01108 × Greenland Energy (not priced) + 80.0 × Mile ordinary (not priced)
current 0.8p (+37.5% to bid)
2026-09-08
MULTIBIDDER
CVC Advisers Limited
type Talks with a single named potential offeror
board early consideration · DD unspecified
PUSU run 28d
current 946p
PUSU 2026-09-02
2026-09-01
MULTIBIDDER
The Giacom Group · with Waterland Private Equity Investments B.V.
type Talks with a single named potential offeror
board early consideration · DD unspecified
PUSU run 28d
current 1182p
PUSU 2026-09-18
2026-08-21
Diversified Energy Company
check no PUSU deadline — may not be a Code offer
type Talks with a single named potential offeror
board early consideration · DD unspecified
2026-08-14
Dunbar Energy Ltd and Dunbar Energy Inc (together "Dunbar")
Ethtry PLC
2026-08-12 · stage inferred
Marlowe plc (now renamed Marlowe Limited)
Mitie Group plc
current 121p
2026-08-04 · stage inferred
MULTIBIDDER
AEW UK REIT plc
PUSU run 39d
current 69p
PUSU 2026-08-28
2026-07-20
Addiko Bank AG
NLB
divi cum dividend basis · not stated; ex-date not stated
current 112p
satisfied merger control clearance in Serbia · merger control clearance in Austria · merger control clearance in North Macedonia
2026-07-15 · stage inferred
Direct Line Insurance Group plc (now known as Direct Line Insurance Group Limited)
Aviva plc
2026-07-01 · stage inferred
Firm offer · 6×
Rule 2.7 announced
Toscafund · via Tulip UK Bidco Limited
bid price 250.0p = 250.0p cash [price falls by any divi · rollover]
PUSU run 28d, 15d, 13d, 1d, 1d
bidder holds 18.61%
irrevocables 53.4% · mixed >10% · largest Mediclinic Jersey Limited
current 245.5p (+1.8% to bid)
completes 2027-03-31
2026-09-07
Apollo · via Eagle Bidco Ltd
bid price 715p = 715p cash [price falls by any divi · rollover]
type Talks with multiple named potential offerors
board minded to recommend · DD unspecified
PUSU run … 4d
irrevocables 15.31% · unspecified >9% · largest Haji-Ioannou Family Concert
current 670.6p (+6.6% to bid)
2026-09-01
MULTIBIDDER
Veritas Capital Fund IX, L.P. · via Vulcan Alpha Bidco Limited
bid price 940.0p = 932.8p cash + 7.2p divs [divs on top]
PUSU run 28d
irrevocables 0.15% · hard · largest Daniel Dayan
current 946p (-0.6% to bid)
completes 2027-03-31
PUSU 2026-09-02
2026-09-01
MULTIBIDDER
Epiris · via Bradbury Bidco Limited
bid price 1120p = 1120p cash [rollover]
PUSU run 28d, 28d
irrevocables 0.13% · soft · largest Andrew Belshaw
current 1182p (-5.2% to bid)
completes first half of 2027
PUSU 2026-09-02
2026-09-01
MULTIBIDDER
DNO ASA
bid price 385p (US$5.214 in cash for each Capricorn Share held)
today (fx) 385p = 5.214 USD × 0.7385
current 382p (+0.8% to bid)
completes Q4 2026 / Q1 2027
conditions Egyptian Condition · Egyptian Merger Condition
2026-09-01
Helios Consortium · via Mara BidCo Ltd. · with Helios Investors V, L.P. and Helios Investors V (Mauritius) L.P. (Helios Fund V), Helios Fairfax Partners Corporation (HFP)
current 83p
2026-08-13
Document posted · 12×
scheme / offer document out
MULTIBIDDER
Glenstone REIT plc
bid price 71.4p
PUSU run 39d
bidder holds 27.63%
irrevocables 2.36% · unspecified
current 69p (+3.5% to bid)
closes (offer) 4 September 2026
2026-09-08 · GATECRASHABLE
OCS Group International Limited
bid price 221.6p
divi a final dividend in relation to the financial year ended 31 March 2026 of 3.1 pence per Mi · FY26 Final Dividend declared/approved (AGM 21 July 2026); FY27 Interim Dividend conditional — directors 'may resolve to pay' only if Effective Date is after 19 November 2026, not yet declared; ex-date not stated
irrevocables 11.1% · mixed · largest Oasis Management Company Ltd
current 209.8p (+5.6% to bid)
completes the first quarter of 2027
vote 16 September 2026
2026-09-08 · GATECRASHABLE
Reabold Resources plc
bid price 4.19p = 4.19p stock [rollover]
irrevocables 2.14% · hard · largest Joseph O'Farrell
current 3.05p (+37.4% to bid)
closes (offer) 25 September 2026 (the Unconditional Date), unless brought forward or extended in accordance with the Code
conditions Acceptance Condition (75%) · NSTA · Admission (AIM admission of New Reabold Shares) · Reabold Shareholder Approval · CMA/Competition · Other third-party clearances
2026-09-04 · GATECRASHABLE
Ridgeview Partners LLC · via U.K. Piston Bidco Limited
bid price 448.0p = 448.0p cash [price falls by any divi · rollover]
type Talks with a single named potential offeror
board minded to recommend · DD unspecified
PUSU run 28d
irrevocables 45.35% · mixed >8.0% · largest Lithia
current 449p (-0.2% to bid)
2026-09-03 · GATECRASHABLE
Energy Capital Partners Management, LP (ECP) · via Dragon Bidco Limited · with Kohlberg Kravis Roberts & Co. L.P.
bid price 6797.22p = 6650p cash + 147.22p divs [divs on top · rollover]
divi the final dividend of 147.22 pence for the financial year ended 31 March 2026 (the "Final
PUSU run … 7d, 1d, 11d
irrevocables approximately 0.28% · hard · largest Donal Murphy
current 6350.0p (+7.0% to bid)
completes the first quarter of 2027
2026-09-02 · GATECRASHABLE
Bentley Park (UK) Limited
bid price 59.1p = 59.1p cash [price falls by any divi · rollover]
irrevocables 2.36% · mixed · largest Arena Investors, L.P.
current 57.7p (+2.4% to bid)
completes during the fourth quarter of 2026
vote 1 October 2026
sanction A date expected to be in the fourth quarter of 2026, subject to the satisfaction (or, where applicable, waiver) of the relevant Conditions
2026-09-02 · GATECRASHABLE
Prologis, Inc.
bid price 1031.7p = 22.56p divs + 1031.7p stock [divs on top · rollover]
type Talks with a single named potential offeror
board minded to recommend · DD unspecified
PUSU run … 14d, 21d
irrevocables 0.245% · hard · largest David Sleath
today (stock) not revalued — 0.092 × Prologis (not priced)
2026-09-01 · GATECRASHABLE
Brave Bison Group Plc
bid price 327p = 135p cash + 192p stock [rollover]
bidder holds 28%
irrevocables 0% · unspecified
today (stock) 312p = 2.04 × BBSN 87p + 135p cash
current 336p (-2.7% to bid)
conditions Acceptance Condition: valid acceptances (together with shares already held) representing greater than 50 per cent. of the voting rights normally exercisable at a general meeting of System1, by 1.00 p.
2026-08-28 · GATECRASHABLE
Bluefin Bidco Limited
bid price 687p (€8.00 per ICG Share)
divi If on, or after, the date of this Announcement and prior to the Effective Date any dividen · not stated; ex-date not stated
bidder holds 23.7%
irrevocables 3.2% · hard · largest Belfry Redhill One Limited
current 640.0p (+7.3% to bid)
completes the fourth quarter of 2026
2026-08-28 · GATECRASHABLE
Peel Pepper (UK) Limited
bid price 172.5p
bidder holds 29.96%
current 176.6p (-2.3% to bid)
conditions Acceptance Condition: valid acceptances (aggregated with shares already held) carrying more than 50 per cent. of Harworth's voting rights · Antitrust/regulatory: all notifications, filings, waiting pe
2026-08-26 · GATECRASHABLE
Central Asia Metals PLC
current 121p
completes 24 September 2026
vote 14:00 (AWST) on 18 September 2026
sanction 14:15 (AWST) on 23 September 2026
2026-08-14 · GATECRASHABLE
Frasers Group plc
current 38.615 EUR
satisfied European Commission merger control clearance
2026-07-30 · GATECRASHABLE
Voted through · 14×
locked up
Zurich Insurance Group Ltd
bid price 1335p = 1310p cash + 25p divs [divs within · rollover]
current 1299p (+2.8% to bid)
completes during the second half of 2026
conditions European Commission (EU Merger Regulation) · CMA · HSR Act · Competition Act (Canada) · ACCC · CADE (Brazil) · JFTC (Japan) · FCA change of control · Lloyd's consent · CBI (Ireland)
satisfied Conditions 2(a) and 2(b) (as set out in Part A of Part III of the Scheme Document) — approval at the Court Meeting and General Meeting
2026-09-07
BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft
current 2.94 EUR
outstanding financial regulatory approval · sanction of the Scheme by the Court
2026-09-07
Esyasoft Technologies UK Limited
bid price 10.165p = 10.165p cash [price falls by any divi · rollover]
current 10.1p (+0.6% to bid)
completes 14 September 2026
outstanding The other Conditions set out in the Scheme Document (not individually listed in this announcement), including the sanction of the Scheme by the Court
2026-09-03
ABB Ltd · via ABB Automation Holding UK Limited
bid price 506p = 503p cash + 3p divs [divs within · rollover]
current 484p (+4.5% to bid)
completes the first half of 2027
outstanding Sanction of the Ordinary Share Scheme by the Court · Sanction of the Preference Share Scheme by the Court · Remaining Conditions and Preference Scheme Conditions set out in the Scheme Document
2026-09-03
FirstCash Holdings, Inc. · via Chess Bidco Limited
bid price 684p = 675p cash + 9p divs [divs within · rollover]
current 661p (+3.5% to bid)
completes the parties are aiming to complete the Acquisition by the end of H2 2026
outstanding CMA Condition · Court sanctioning the Scheme at the Court Sanction Hearing
2026-09-01
Ratio Petroleum Energy LP
bid price 32.8183p = 28.8183p cash + 4.0p divs [divs on top · rollover]
current 29.8p (+10.1% to bid)
completes H1 2027
outstanding remaining Regulatory Conditions · sanction of the Scheme by the Court
2026-08-28
H.B. Fuller Medical Adhesive Technologies Inc.
current 281p
completes Q3 or Q4 2026
outstanding Conditions 3(a) to (g) set out in Part A of Part III of the Scheme Document
2026-08-28
Greenlight Bidco Limited
bid price 1234.9p = 1230.0p cash + 4.9p divs [divs on top]
current 1205p (+2.5% to bid)
completes the fourth quarter of 2026
conditions HSR Act · National Security and Investment Act 2021 (NSI Act)
satisfied Condition 2.1 (Court Meeting approval) · Condition 2.2 (General Meeting approval/Resolution)
2026-08-26
MULTIBIDDER
Genel Energy No.9 Limited
bid price 350p (US$4.74 in cash for each Capricorn Share held)
today (fx) 350p = 4.74 USD × 0.7385
current 382p (-8.4% to bid)
completes during the second half of 2026
outstanding sanction of the Scheme by the Court at the Sanction Hearing · the Egyptian Condition · the Egyptian Merger Condition
2026-08-18
Bally's Intralot S.A.
bid price 52.0p = 52.0p stock [rollover]
today (stock) not revalued — 0.537 × Intralot (not priced)
current 43.7p (+19.0% to bid)
completes the final quarter of 2026 or first quarter of 2027
conditions EU Regulation 2022/2560 on foreign subsidies · antitrust approvals in Austria, Jersey and the UK · foreign direct investment approvals in Cyprus, Ireland, Malta, Romania, Spain and the UK · gaming reg
satisfied Condition 2(a) (Court Meeting approval of the Scheme) · Condition 2(b) (General Meeting Special Resolution) · a number of the antitrust and regulatory approval
2026-08-17
Isotope Bidco Limited
current 5850.0p
completes Q4 2026 or Q1 2027
outstanding Court sanctioning the Scheme at the Sanction Hearing
2026-08-06
Ingredion Incorporated
bid price 615.0p = 595.0p cash + 20.0p divs [divs on top · rollover]
current 557p (+10.4% to bid)
completes the second half of 2027
outstanding Material Antitrust Conditions · Court sanctioning of the Scheme at the Court Sanction Hearing · delivery of a copy of the Scheme Court Order to the Registrar of Companies
2026-07-28
Tinicum Incorporated · via Zeus UK Bidco Limited
bid price 300.0p = 297.85p cash + 2.15p divs [divs on top · rollover]
current 294p (+2.0% to bid)
completes by the end of Q1 2027
conditions ACCC · Canadian Competition Act · EUMR · Moroccan Competition Council · Saudi Arabia GAC · South Africa Competition Act · CMA · US HSR · Italian Golden Power (Golden Power Regulation)
satisfied Condition 2(A) · Condition 2(B)
2026-05-26
Nuveen, LLC · via Pantheon, LLC
bid price 590p = 590p cash + 22p divs [divs on top · rollover]
current 585.5p (+0.8% to bid)
completes during Q4 2026
outstanding sanction of the Court at the Court Sanction Hearing · delivery of a copy of the Court Order to the Registrar of Companies
2026-04-16
Walked away · 13×
Rule 2.8 — standstill running
DNO ASA
bid price 69p = 69p cash [price falls by any divi · rollover]
type Talks with a single named potential offeror
board rejected · DD unspecified
PUSU run 28d
current 57.8p (+19.4% to bid)
PUSU 2026-09-04
2026-09-04
Prima Energy
current 37p
2026-09-02
AEWU
current 27p
2026-08-26
Serica Energy plc
bid price 32.6683p = 28.6683p cash + 4.0p divs [divs within · rollover]
divi the special dividend of 4.0 pence in cash per Pharos Share to be paid from Pharos' existin · proposed; ex-date not stated
irrevocables 14.26% · soft >13.3% · largest Aberforth Partners LLP
current 29.8p (+9.6% to bid)
completes H1 2027
2026-08-13
MULTIBIDDER
AMFT
PUSU run 28d
current 382p
vote 18 August 2026
PUSU 2026-07-29
2026-08-11
MULTIBIDDER
Samos Energy
current 382p
vote 18 August 2026
2026-08-11
Castlelake
bid price 690p
current 670.6p (+2.9% to bid)
PUSU 2026-08-03
outstanding completion of satisfactory due diligence · agreement of definitive transaction documentation
2026-08-06
Railpen (Railways Pension Trustee Company Limited, acting by its agent, Railway Pension Investments Limited)
bid price 7130p = 6100p cash + 1030p stock [rollover]
type Talks with a single named potential offeror
board rejected · DD unspecified
PUSU run … 3d, 7d
current 67.6p (+10447.3% to bid)
PUSU 2026-07-27
2026-07-27
ICP · via Lume HoldCo S.à r.l.
type Talks with a single named potential offeror
board in active talks · DD underway/granted
PUSU run 28d
current 12.5p
PUSU 2026-08-07
2026-07-14
Seed Capital Solutions plc
current 121p
2026-07-10
Vega
current 128.25p
2026-07-10
StoneX Group Inc.
bid price 110p = 110p cash [price falls by any divi · rollover]
type Talks with multiple named potential offerors
board minded to recommend · DD unspecified
current 83p (+32.5% to bid)
2026-04-30