No bidder named · 18×
FSP / strategic review — who is coming?
no offeror named
type Formal Sale Process
board no approach / unsolicited · DD unspecified
2026-11-05
no offeror named
board DD unspecified
2026-11-05
no offeror named
type Strategic Review - No offeror named
board no approach / unsolicited · DD unspecified
2026-11-04
no offeror named
type Formal Sale Process
board in active talks · DD unspecified
said The Board is continuing discussions with certain of the parties that submitted proposals to make a cash offer for the Company, with discussions with one such party being more advanced.
2026-11-02 · stage from Panel
no offeror named
type Formal Sale Process
board DD unspecified
2026-11-02
no offeror named
type Formal Sale Process
board in active talks · DD underway/granted
2026-10-30
no offeror named
type Offer period commenced on account of exceptional circumstanc
board early consideration · DD unspecified
said These independent directors have indicated they expect to support giving such fair and reasonableness opinion.
2026-10-29
Gelion
no offeror named
type Strategic Review - No offeror named
board no approach / unsolicited · DD unspecified
2026-10-21
no offeror named
type Offer period commenced on account of exceptional circumstanc
board no approach / unsolicited · DD unspecified
2026-10-21
no offeror named
type Strategic Review - No offeror named
board early consideration · DD unspecified
said The Board continues to believe in the merits of investing in Asian smaller companies.
2026-10-13
no offeror named
type Formal Sale Process
board early consideration · DD underway/granted
2026-10-08
no offeror named
type Strategic Review - No offeror named
board early consideration · DD unspecified
said The Board confirms it has commenced an assessment of the strategic options available to the Company with a view to delivering greater value for shareholders.
2026-09-23
no offeror named
type Strategic Review - No offeror named
board no approach / unsolicited · DD unspecified
2026-09-11
no offeror named
type Strategic Review - No offeror named
board no approach / unsolicited · DD unspecified
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
Audioboom
no offeror named
2026-07-15
no offeror named
type Strategic Review - No offeror named
board early consideration · DD unspecified
2026-07-14
no offeror named
type Strategic Review - No offeror named
board no approach / unsolicited · DD unspecified
2026-07-08
no offeror named
18:17 27-J · stage from Panel
Possible offer · 11×
Rule 2.4, bidder named, no firm offer
Circle8 Group Inc.
type Talks with a single named potential offeror
PUSU 2026-11-18
board early consideration · DD unspecified
PUSU run 28d, 14d, 28d
2026-11-06
DBAY Advisors Limited
bid price 20p = 20p cash [rollover]
PUSU 2026-12-03
type Talks with a single named potential offeror
board rejected · DD unspecified
PUSU run 28d, 28d
2026-11-05
RHI Magnesita N.V.
bid price 549p = 470p cash + 7.1p divs + 79p stock [divs on top]
PUSU 2026-11-24
type Talks with a single named potential offeror
board in active talks · DD unspecified
ex-divi ex-date UNKNOWN — bid is 549p if the 7.1p divi is still to come, 541.9p if gone
PUSU run 28d, 28d
▸ 1 more (today (stock))
today (stock) not revalued — 0.028 × RHIM (not priced)
2026-10-27
MULTIBIDDER
Axis Capital
bid price 267p (€3.20 per share)
check no PUSU deadline — may not be a Code offer
type Talks with a single named potential offeror
board early consideration · DD none/declined
2026-10-22
International Resources Holdings RSC Ltd
type Talks with a single named potential offeror
PUSU 2026-11-17
board in active talks · DD unspecified
PUSU run 42d
2026-10-15
MULTIBIDDER
Scotchstone Capital LLP
check no PUSU deadline — may not be a Code offer
type Talks with a single named potential offeror
board early consideration · DD unspecified
2026-10-09
Metals X Limited
bid price 15p = 15p cash [rollover]
PUSU 2026-11-06
type Talks with a single named potential offeror
board early consideration · DD unspecified
PUSU run 28d
2026-10-09
Baring International Investment Limited (Barings)
bid price 116p (€1.386 per I-RES ordinary share)
PUSU 2026-11-09
type Talks with a single named potential offeror
board minded to recommend · DD unspecified
PUSU run 42d
2026-09-28
Northern Data AG
Rumble Deutschland AG
bidder holds approximately 98.03%
2026-09-10 · stage inferred
PART OF COMPANY
Cerberus Capital Management, L.P.
check no PUSU deadline — may not be a Code offer
type Talks with a single named potential offeror
board in active talks · DD unspecified
2026-09-09
CAB Payments Holdings plc
MULTIBIDDER
BidCo
outstanding regulatory conditions set out in the Helios Offer Announcement
2026-08-13 · stage inferred
Firm offer · 4×
Rule 2.7 announced
Autobuses de León, S.L. · via Leita Mobility Limited · with CMC Group, Asterion Industrial Infra Fund III, FCR
bid price 46.0p = 46.0p cash [price falls by any divi · rollover]
type Talks with a single named potential offeror
board minded to recommend · DD underway/granted
divi Any dividend or other distribution or return of capital announced, declared, made, payable · not stated; ex-date not stated
bidder holds 26.0%
irrevocables 26.4% · unspecified
▸ 1 more (completes)
completes first half of 2027
2026-10-30
Ember Infrastructure Management, LP · via Pine Acquisition UK Bidco Limited
bid price 615.0p = 615.0p cash [rollover]
PUSU 2026-10-21 — spent, firm offer made
type Talks with a single named potential offeror
board in active talks · DD underway/granted
PUSU run 28d
irrevocables 2.3% · hard · largest Allan Pirie 1.7%
▸ 1 more (completes)
completes 2026-12-31
2026-10-21
Main Capital Partners · via Thames Bidco Limited
bid price 105.0p = 105.0p cash [rollover]
type Talks with a single named potential offeror
board recommended / agreed · DD unspecified
note SHB, 2026-09-12: the DISPOSAL half of the same announcement. Conditional SPA to sell the Tribal businesses to Thames Bidco Limited (Main Capital Partners) for c. GBP 189.3m cash. Rule 15 AIM fundamental change + Rule 21.1 restricted action, so it needs a shareholder vote; GM expected 2 October 2026. If it completes Tribal intends a solvent voluntary liquidation to distribute net proceeds. NOT DIRECTLY A PER-SHARE PRICE: the 189.3m buys the shares in the subsidiaries, so what reaches shareholders depends on assets and liabilities left in the listed Company itself (the Company, not Group, columns) plus liquidation costs. FY25 pro forma of the businesses sold: NAV 58.6m, revenue 92.5m, adj EBITDA 17.5m. Irrevocables and a non-binding LOI cover 44.2% of issued share capital for the Resolution.
PUSU run 28d
irrevocables 52.7% · hard · largest Harwood Capital 15.7%
2026-10-02
MULTIBIDDER
Helios Consortium · via Mara BidCo Ltd. · with L.P.
bid price 85p (1.15 US Dollars in cash for each Company Share)
divi any dividend and/or other distribution and/or other return of capital ... declared, made o · not stated; ex-date not stated
bidder holds 45.11%
irrevocables 5.22% · process_only · largest Eurocomm Holding Limited 5.22%
outstanding regulatory conditions set out in the Helios Offer Announcement
conditions FSRA · DNB · CBN · PRA · FCA · Federal Reserve · NYDFS · CEMAC Commission · NCC · COMESA Competition and Consumer Commission
2026-08-13
Document posted · 7×
scheme / offer document out
Zhejiang Huayou Cobalt Co., Ltd
completes implementation of the Scheme expected to occur in December 2026
vote 14 December 2026
outstanding other regulatory approvals · approval by the requisite majority of Atlantic Lithium shareholders at the Scheme Meeting · approval by the Supreme Court of Western Australia
satisfied FIRB approval (Foreign Investment Review Board, Australia)
2026-11-06 · GATECRASHABLE
OCS Group International Limited
bid price 221.6p
CMA inquiry open, phase 1 deadline not yet set · opened 2026-09-15
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
ex-divi 3.1p ex 2026-07-16 — bid to a buyer now 218.5p
irrevocables 11.1% · mixed · largest Oasis Management Company L 9.9%
completes the first quarter of 2027
▸ 2 more (vote, conditions)
vote 16 September 2026
conditions CMA
2026-11-04 · GATECRASHABLE
Taboola.com Ltd · via Taboola Europe Limited
bid price 64.0p = 64.0p cash [price falls by any divi · rollover]
irrevocables 10.44% · mixed · largest Scobie Dickinson Ward 28.6%
completes 16 November 2026
vote 6 November 2026
outstanding CMA Condition · Court Meeting approval by requisite majority of Scheme Shareholders · General Meeting approval of the Resolution by requisite majority of Dianomi Shareholders · Court sanction of the S
conditions CMA
2026-11-02 · GATECRASHABLE
Epiris LLP · via Bradbury Bidco Limited
bid price 1120p = 1120p cash [rollover]
PUSU 2026-09-02 — spent, firm offer made
PUSU run 28d, 28d, 41d
irrevocables 0.13% · hard · largest Andrew Belshaw 0.11%
completes Q1 2027
vote Monday 2 November 2026 at 8.30 a.m. (adjourned from Tuesday 20 October 2026)
▸ 2 more (satisfied, conditions)
satisfied German merger control clearance
conditions Bundeskartellamt (German antitrust) · Austrian Federal Competition Authority · Australian FATA (foreign investment) · German BMWE foreign trade clearance · Spanish FDI Laws · UK NSI Act · Dutch Teleco
2026-10-19 · GATECRASHABLE
MULTIBIDDER
DNO ASA · via DNO Bidco AS
bid price 387p (US$5.214 in cash for each Capricorn Share held)
today (fx) 387p = 5.214 USD × 0.7429
completes Q4 2026 / Q1 2027
vote 16 October 2026
conditions Egyptian Condition · Egyptian Merger Condition
2026-10-16 · GATECRASHABLE
Apollo Management X, L.P. · via Eagle Bidco Ltd · with Inc.
bid price 715p = 715p cash [price falls by any divi · rollover]
PUSU 2026-08-03 — spent, firm offer made
type Talks with multiple named potential offerors
board minded to recommend · DD unspecified
PUSU run … 4d
irrevocables 0.06% · unspecified >9% · largest Haji-Ioannou Family Concer 15.31%
▸ 4 more (completes, vote, outstanding, conditions)
completes before the end of the first calendar quarter of 2027
vote 11 November 2026
outstanding Approval of the requisite majority of Scheme Shareholders at the Court Meeting · Approval of the requisite majority of easyJet Shareholders at the General Meeting · Sanction of the Court · Satisfactio
conditions CMA · NSI Act · German Federal Cartel Office (FCO) · Austrian Cartel Act · Egyptian Competition Authority (ECA) · French Minister for Economy (FDI) · Italian FDI Law · Malta FDI Act · Spanish FDI Laws
2026-10-15 · GATECRASHABLE
Frasers Group plc
satisfied European Commission merger control clearance (sole condition to completion), granted 27 July 2026
2026-07-30 · GATECRASHABLE
Voted through · 17×
locked up
H.B. Fuller Medical Adhesive Technologies Inc.
bid price 285p = 285p cash [rollover]
outstanding Conditions 3(a) to (g), including Condition 3(d) (CMA) · Court sanction of the Scheme at the Court Sanction Hearing · Delivery of a copy of the Court Order to the Registrar of Companies
satisfied Condition 2.1 (Court Meeting approval) · Condition 2.2 (General Meeting approval)
conditions CMA (UK merger control) · HSR Act (US merger control) · Austrian Federal Competition Authority / Cartel Act (merger control) · German Federal Cartel Office (Bundeskartellamt) · Austrian Investment Con
completes Q3 or Q4 2026
2026-11-06
Prologis
bid price 1031.7p = 22.56p divs + 1031.7p stock [divs on top · rollover]
outstanding sanction by the Court of the Scheme
satisfied Conditions 2.1 and 2.2 (as set out in Part A of Part Three of the Scheme Document)
conditions European Commission (EUMR) · CMA · Golden Power Regulation (Italian FDI) · NSIA
CMA inquiry open, phase 1 deadline not yet set · opened 2026-10-27
ex-divi ex-date UNKNOWN — bid is 1031.7p if the 22.56p divi is still to come, 1009.14p if gone
▸ 2 more (today (stock), completes)
today (stock) not revalued — 0.092 × Prologis (not priced)
completes during the first half of 2027
2026-11-05
Toscafund · via Tulip UK Bidco Limited
bid price 250.0p = 250.0p cash [price falls by any divi · rollover]
outstanding FCA Regulatory Condition · Sanction of the Scheme by the Court · Remaining Conditions set out in Part III of the Scheme Document
satisfied Condition 2(a) (Court Meeting approval) · Condition 2(b) (General Meeting approval)
conditions FCA change of control
completes during the final quarter of 2026 or the first quarter of 2027
2026-10-30
Veritas Capital Fund IX, L.P. · via Vulcan Alpha Bidco Limited
bid price 940.0p = 932.8p cash + 7.2p divs [divs on top · rollover]
outstanding merger control and foreign direct investment approvals in certain other jurisdictions · sanction of the Scheme by the Court · delivery of a copy of the Court Order to the Registrar of Companies
satisfied HSR Act waiting period expired (Condition in paragraph 3(a) of Part A of Part III of the Scheme Document)
conditions HSR Act (US) · EUMR (EU merger control) · ITAR/DDTC notification (US) · NSI Act (UK) · AWV foreign investment control (Germany) · French Foreign Investment Laws · Swedish FDI Act · Golden Power Regula
divi the FY26 interim dividend of 7.2 pence per Bodycote Share (the "Permitted Dividend")
ex-divi 7.2p ex 2026-10-01 — bid to a buyer now 932.8p
▸ 1 more (completes)
completes Q1 2027
2026-10-30
Accel-KKR · via Avocet Bidco Limited
bid price 235p = 235p cash [price falls by any divi · rollover]
outstanding Court sanction of the Scheme at the Sanction Hearing · Delivery of a copy of the Court Order to the Registrar of Companies · Satisfaction or (where applicable) waiver of the remaining Conditions set o
satisfied Condition 2.1 (Court Meeting approval of the Scheme by the requisite majority) · Condition 2.2 (General Meeting approval of the Special Resolution)
conditions ACCC · CMA · NSI Act
divi If ... any dividend and/or other distribution and/or other return of capital or value is a
completes during or prior to Q1 2027
2026-10-27
MULTIBIDDER
BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft
bid price 248p (€2.97 in cash per PTSB Share)
outstanding Sanction of the Scheme by the High Court of Ireland at the Court Hearing · Remaining conditions set out in the Scheme Document dated 15 May 2026
satisfied shareholder approval of the Scheme (Scheme Meeting and EGM held 30 July 2026)
conditions ECB qualifying holding (change of control) approval · Austrian Financial Market Authority (to the extent applicable) · CCPC merger clearance (insofar as notifiable)
divi the FY25 Dividend, which will be paid to PTSB Shareholders in addition to and separately f · not stated; ex-date not stated
2026-10-23
Bluefin Bidco Limited · with Eamonn Rothwell, David Ledwidge, Andrew Sheen, Declan Freeman
bid price 667p (€8.00 per ICG Share)
outstanding Satisfaction or waiver of the other Conditions set out in the Scheme Document, including sanction by the Court of the Scheme at the Court Hearing
satisfied NSIA Condition (Condition 3.1) - Secretary of State notified Bidco on 2 October 2026 that no further action will be taken under the UK National Security and Inv
conditions NSIA
today (fx) 667p = 8.0 EUR × 0.8341
divi any dividend and/or other distribution and/or other return of capital... announced, declar
▸ 1 more (completes)
completes some time in November 2026
2026-10-05
MULTIBIDDER
Genel Energy plc · via Genel Energy No.9 Limited
bid price 426p (US$5.74 in cash for each Capricorn Share held (the "Increased Acquisition Value"))
outstanding sanction of the Scheme by the Court at the Sanction Hearing · the Egyptian Condition · the Egyptian Merger Condition
satisfied Condition 2.1 · Condition 2.2
conditions Egyptian Condition (Egyptian Government)
today (fx) 426p = 5.74 USD × 0.7429
ex-divi ex-date UNKNOWN — bid is 426.4p if the 74.9p divi is still to come, 351.5p if gone
▸ 1 more (completes)
completes fourth quarter of 2026
2026-10-02
Bentley Park (UK) Limited
bid price 59.1p = 59.1p cash [price falls by any divi · rollover]
outstanding FCA Condition · Sanction of the Scheme by the Court at the Scheme Sanction Hearing · Remaining Conditions set out in Part 3 of the Scheme Document
satisfied Conditions 2(a) and 2(b) (Court Meeting and General Meeting approvals)
conditions FCA change of control (Section 189 FSMA)
completes during the fourth quarter of 2026
2026-10-01
Central Asia Metals PLC
completes 15 October 2026
outstanding Kazakhstan regulatory approval
satisfied Cygnus shareholder approval of the Scheme · CAML shareholder approval to allot the New CAML Shares
2026-09-23
Energy Capital Partners Management, LP · via Dragon Bidco Limited
bid price 6672.22p = 6525p cash + 147.22p divs [divs within · rollover]
outstanding sanction by the High Court of the Scheme · confirmation by the High Court of the related Reduction of Capital
satisfied approval of the Scheme Meeting Resolution by Scheme Shareholders · approval of the EGM Resolutions by DCC Energy Shareholders
conditions Albania Competition Authority · Australia ACCC · Canada Competition Act · Canada Investment Canada Act · European Commission merger control · EU Foreign Subsidies Regulation · Israel Competition Autho
divi the final dividend of 147.22 pence for the financial year ended 31 March 2026 (the "Final
ex-divi ex-date UNKNOWN — bid is 6672.22p if the 147.22p divi is still to come, 6525.0p if gone
▸ 1 more (completes)
completes the first quarter of 2027
2026-09-18
Isotope Bidco Limited
bid price 6107.7p = 6000.0p cash + 107.7p divs [divs on top · rollover]
outstanding Court sanction of the Scheme at the Sanction Hearing · The remaining Conditions and further terms set out in the Scheme Document
satisfied Condition 2(A) - Court Meeting approval by requisite majority of Scheme Shareholders · Condition 2(B) - General Meeting approval of Special Resolution by requis
conditions CMA · European Commission (EU merger control) · HSR Act (United States) · SAMR (China) · JFTC (Japan) · KFTC (Korea) · TCB (Türkiye) · ACCC/FATA (Australia) · Competition Act / Investment Canada Act (
divi the FY25 Final Dividend of 107.7 pence per Intertek Share
ex-divi 107.7p ex 2026-05-28 — bid to a buyer now 6000.0p
▸ 1 more (completes)
completes Q4 2026 or Q1 2027
2026-09-17
ABB Ltd · via ABB Automation Holding UK Limited
bid price 506p = 503p cash + 3p divs [divs within · rollover]
outstanding sanction by the Court of the Ordinary Share Scheme · sanction by the Court of the Preference Share Scheme
satisfied Condition 2(A) · Condition 2(B) · Preference Scheme Condition 2(A)
conditions ACCC (Australia) · AFCA/FCP (Austria) · CADE (Brazil) · SAMR (China) · Cyprus Commission for the Protection of Competition · German Federal Cartel Office · Norwegian Competition Authority · Romanian C
divi the Rotork Permitted Dividend of up to 3 pence, which Rotork Shareholders will be entitled
ex-divi 3p ex 2026-08-13 — bid to a buyer now 503.0p
▸ 1 more (completes)
completes the first half of 2027
2026-09-03
FirstCash Holdings, Inc. · via Chess Bidco Limited
bid price 684p = 675p cash + 9p divs [divs within]
outstanding CMA Condition · Court sanctioning the Scheme at the Court Sanction Hearing · Other Conditions to the Acquisition as set out in Part A of Part III of the Scheme Document
satisfied Court Meeting and General Meeting resolutions approved by the requisite majorities (10 August 2026)
conditions CMA · FCA change of control
CMA inquiry open, phase 1 deadline not yet set · opened 2026-08-20
divi the Permitted Dividends of up to 9 pence per Ramsdens Share, comprising the interim divide
▸ 2 more (ex-divi, completes)
ex-divi ex-date UNKNOWN — bid is 684p if the 9p divi is still to come, 675.0p if gone
completes by the end of H2 2026
2026-09-01
Ratio Petroleum Energy LP
bid price 32.8183p = 28.8183p cash + 4.0p divs [divs on top · rollover]
outstanding the remaining Regulatory Conditions · sanction of the Scheme by the Court at the Sanction Hearing
satisfied Conditions 2.1 and 2.2 (Court Meeting and General Meeting resolutions, as set out in Part A of Part 4 of the Scheme Document)
ex-divi ex-date UNKNOWN — bid is 32.8183p if the 4.0p divi is still to come, 28.82p if gone
completes H1 2027
2026-08-28
Bally's Intralot S.A.
bid price 52.0p = 52.0p stock [rollover]
satisfied Conditions 2(a) and 2(b) (Part III of the Scheme Document) · a number of the Conditions relating to antitrust and regulatory approvals (unspecified which)
conditions EU Regulation 2022/2560 on foreign subsidies · antitrust approval - Austria · antitrust approval - Jersey · antitrust approval - UK · foreign direct investment approval - Cyprus · foreign direct inves
today (stock) not revalued — 0.537 × Intralot (not priced)
completes the final quarter of 2026 or first quarter of 2027
2026-08-17
Ingredion Incorporated
bid price 615.0p = 595.0p cash + 20.0p divs [divs on top · rollover]
outstanding Material Antitrust Conditions · Court sanction of the Scheme at the Court Sanction Hearing · Delivery of a copy of the Scheme Court Order to the Registrar of Companies · Other Conditions set out in th
satisfied Condition 2.1 (Court Meeting approval of the Scheme) · Condition 2.2 (General Meeting approval of the Scheme resolution)
conditions EU merger control (EUMR/FSR) · Brazil CADE · Canada Competition Act · China SAMR (PRC AML) · Colombia SIC · Mexico CNA · South Korea KFTC · Tanzania FCC · UK CMA · US HSR Act · Zanzibar ZFCC
divi a final dividend in relation to the financial year ended 31 March 2026 of no greater than
ex-divi 6.8p ex 2026-11-15~ · 13.2p ex 2026-06-18 — bid to a buyer now 601.8p
▸ 1 more (completes)
completes during the second half of 2027
2026-07-28
Completed · 20×
sanctioned or effective
Glenstone REIT plc
bid price 71.4p = 71.4p cash [price falls by any divi · rollover]
ex-divi 1.4p ex 2026-07-30 — bid to a buyer now 70.0p
bidder holds 27.63%
irrevocables 2.36% · unspecified · largest Adam Smith 2.36%
closes (offer) 4 September 2026
2026-11-03
Greenlight Bidco Limited
bid price 1234.9p = 1230.0p cash + 4.9p divs [divs on top]
divi the interim dividend of 4.9 pence per G&H Share declared on 2 June 2026 (the "Interim Divi
ex-divi ex-date UNKNOWN — bid is 1234.9p if the 4.9p divi is still to come, 1230.0p if gone
irrevocables 0.44% · hard · largest Gary Bullard 0.22%
completes 16 October 2026
vote 26 August 2026
▸ 1 more (sanction)
sanction 14 October 2026
2026-10-16
Ridgeview Partners LLC · via U.K. Piston Bidco Limited
bid price 448p
PUSU 2026-08-21 — spent, deal done
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 31.95%
▸ 3 more (completes, vote, sanction)
completes 9 October 2026
vote 25 September 2026
sanction 7 October 2026
2026-10-09
Tinicum Incorporated · via Zeus UK Bidco Limited · with Blackstone Inc.
bid price 297.85p
bidder holds 2.36%
irrevocables 0.6% · mixed >5.0% · largest EQMC Europe Development Ca 13.2%
completes 8 October 2026
vote 26 May 2026
sanction 6 October 2026
2026-10-08
Peel Bidco · via PEEL PEPPER (UK) Limited
bid price 187.0p = 187.0p cash [divs on top · rollover]
bidder holds 66.47%
irrevocables 0% · unspecified >50%
2026-10-02
Zurich Insurance Group Ltd
bid price 1310p
ex-divi 25p ex 2026-03-19 — bid to a buyer now 1285.0p
irrevocables 0.34% · hard · largest Adrian Cox 0.21%
completes 1 October 2026
vote 22 April 2026
sanction 22 September 2026
2026-10-01
Nuveen, LLC · via Pantheon, LLC
bid price 590p
irrevocables 42% · hard · largest Vincitas Limited 24.269%
completes 1 October 2026
vote 16 April 2026
sanction 29 September 2026
2026-10-01
IPF Parent Holdings Limited
bid price 250p
divi Special Dividend of 15 pence per IPF Share, payable by IPF to Scheme Shareholders on the r · declared; ex-date not stated
completes 4 August 2026
2026-09-15
Esyasoft Holding Ltd · via Esyasoft Technologies UK Limited
bid price 10.165p
PUSU 2026-08-04 — spent, deal done
PUSU run … 7d, 7d
irrevocables 36.11% · mixed >10.0% · largest Doxa Partners LLP 13.79%
completes 14 September 2026
vote 3 September 2026
▸ 1 more (sanction)
sanction 10 September 2026
2026-09-14
LondonMetric Property Plc · with Schroder Real Estate Investment Trust Limited
bid price 78.7p = 0p cash + 78.7p stock [rollover]
ex-divi 0.69p ex 2026-08-06 — bid to a buyer now 78.01p
irrevocables 0.35% · unspecified · largest TR Property 11.67%
completes 10 September 2026
vote 2 September 2026
sanction 8 September 2026
2026-09-10
Papilio Bidco Limited
bid price 1340p
completes 20 August 2026
sanction 19 August 2026
2026-08-20
NEO NEXT+ Energy Upstream UK Limited
bidder holds 100%
completes 14 August 2026
vote 2026-06-24
sanction 2026-08-13
2026-08-14
Acceler8 Ventures Plc
completes 13 August 2026
vote 3 August 2026
sanction 6 August 2026
2026-08-13
Vossloh AG · via Vossloh Digital Solutions GmbH
bid price 12.4p
completes 13 August 2026
sanction 11 August 2026
2026-08-13
Hena Holdings Ltd.
bidder holds 49.61%
2026-08-13
Drax Smart Generation Holdco Limited
bid price 92.574p
completes 31 July 2026
vote 24 July 2026
sanction 31 July 2026
2026-07-31
CCP PAW 2 Limited
bid price 336p
completes 30 July 2026
sanction 28 July 2026
2026-07-30
AMG Lithium B.V.
bidder holds 100%
completes 27 July 2026
vote 13 July 2026
sanction 23 July 2026
2026-07-27
Irwell Financial Services Bidco Limited
completes 8 July 2026
vote 12 November 2025
sanction 6 July 2026
2026-07-08
Döhler Finance Management B.V.
bid price 305.0p
divi the previously announced final dividend for the year ended 30 September 2025 · paid; ex-date not stated
2026-07-02
Walked away · 21×
Rule 2.8 — standstill running
Jenzabar, Inc.
bid price 111p = 111p cash
standstill restrictions lift 2027-04-27
type Talks with a single named potential offeror
board rejected · DD none/declined
PUSU run 28d
PUSU 2026-10-27 — spent, bidder walked
2026-10-27
Brave Bison Group plc
bid price 405p = 180p cash + 225p stock [rollover]
standstill restrictions lift 2027-10-26
ex-divi 6p ex 2026-09-24 — bid to a buyer now 399.0p
bidder holds 27.85%
irrevocables 10.73% · soft · largest Stefan Barden 4.05%
today (stock) not revalued — 2.394 × Brave Bison (not priced)
▸ 2 more (outstanding, conditions)
outstanding Acceptance Condition
conditions Minimum acceptance condition of greater than 50 per cent. of the voting rights normally exercisable at a general meeting of System1
2026-10-26
FitzWalter Capital
standstill restrictions lift 2027-04-26
2026-10-26
SilverTree Equity Partners LLP
type Talks with a single named potential offeror
standstill restrictions lift 2027-04-09
board recommended / agreed · DD unspecified
note SHB, 2026-09-12: "It's basically a Disposal of the whole business and a 2.4 for all the shares!" This is the 2.4 half. SilverTree proposed 95p in cash on 31 Aug 2026 for the entire issued and to be issued share capital; the Tribal board rejected it unanimously and unequivocally. PUSU 5.00pm 9 October 2026 under Rule 2.6(a). Split out by hand from the single 11 Sep announcement, which the extractor read as one deal with no named bidder.
PUSU run 28d
PUSU 2026-10-09 — spent, bidder walked
2026-10-09
Reabold Resources plc
bid price 4.19p = 4.19p stock [rollover]
standstill restrictions lift 2027-10-02
irrevocables 2.14% · hard · largest Joseph O'Farrell 1.63%
closes (offer) 25 September 2026 (the Unconditional Date), unless brought forward or extended in accordance with the Code
outstanding Acceptance Condition
conditions NSTA · CMA · Admission · Reabold Shareholder Approval
2026-10-02
Waterland Private Equity Investments B.V. · with Giacom Group
type Talks with a single named potential offeror
standstill restrictions lift 2027-04-01
board early consideration · DD unspecified
PUSU run 28d, 25d
PUSU 2026-10-13 — spent, bidder walked
2026-10-01
CVC Advisers Limited
type Talks with a single named potential offeror
standstill restrictions lift 2027-03-28
board early consideration · DD unspecified
PUSU run 28d
PUSU 2026-09-02 — spent, bidder walked
2026-09-28
no offeror named
type Formal Sale Process
board rejected · DD underway/granted
said We also announced today the termination of the formal sale process that commenced earlier in the year.
2026-09-28
no offeror named
type Strategic Review - No offeror named
board no approach / unsolicited · DD unspecified
2026-09-08
DNO · via DNO Iraq AS
PUSU run 28d
standstill restrictions lift 2027-03-04
PUSU 2026-09-04 — spent, bidder walked
2026-09-04
Prima Energy
standstill restrictions lift 2027-03-02
2026-09-02
no offeror named
type Formal Sale Process
board no approach / unsolicited · DD unspecified
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.
2026-08-27
AEW UK REIT plc
PUSU run 39d
standstill restrictions lift 2027-02-26
PUSU 2026-08-28 — spent, bidder walked
2026-08-26
Serica Energy plc
bid price 32.6683p = 28.6683p cash + 4.0p divs [divs within · rollover]
standstill restrictions lift 2027-08-13
divi 4.0 pence in cash per Pharos Share by way of special dividend to be paid from Pharos' exis · proposed; ex-date not stated
ex-divi ex-date UNKNOWN — bid is 32.6683p if the 4.0p divi is still to come, 28.67p if gone
irrevocables 14.26% · soft · largest Aberforth Partners LLP 14.26%
completes H1 2027
2026-08-13
MULTIBIDDER
AMFT
PUSU run 28d, 13d
standstill restrictions lift 2027-02-11
PUSU 2026-08-11 — spent, bidder walked
2026-08-11
MULTIBIDDER
Samos Energy
PUSU run … 18d
standstill restrictions lift 2027-02-11
PUSU 2026-08-11 — spent, bidder walked
2026-08-11
Castlelake, L.P.
bid price 690p
standstill restrictions lift 2027-02-06
PUSU 2026-08-03 — spent, bidder walked
outstanding completion of satisfactory due diligence · agreement of definitive transaction documentation
2026-08-06
Railpen
bid price 7130p = 6100p cash + 1030p stock [rollover]
standstill restrictions lift 2027-01-27
type Talks with a single named potential offeror
board rejected · DD unspecified
PUSU run … 3d, 7d
PUSU 2026-07-27 — spent, bidder walked
2026-07-27
ICP · via Lume HoldCo S.à r.l. · with Infill Capital Partners (ICP)
type Talks with a single named potential offeror
standstill restrictions lift 2027-01-14
board in active talks · DD underway/granted
PUSU run 28d
PUSU 2026-08-07 — spent, bidder walked
2026-07-14
Vega
standstill restrictions lift 2027-01-10
2026-07-10
MULTIBIDDER
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
2026-04-30