Mergers and acquisitions
Shareholders green light Royal Mail takeover
The takeover deal for Royal Mail parent International Distribution Services has been declared unconditional, with more than 80% of shareholders accepting the offer and the postal operator set to...
For sale sign hoisted over Shetland Times
The future for the UK’s most northerly newspaper is uncertain, after its owners decided to put the business up for sale.
VPK Group continues European expansion with Italian deal
Recycled board and packaging manufacturer VPK, which has several UK sites, has continued its European growth with the acquisition of Italian sheet plant Open Imballaggi.
Konica Minolta expects turnaround this year
Konica Minolta has revised its year-end forecasts to reflect recent disposals, including the sale of Indicia Worldwide to ADM Group.
Packsize acquires Sparck Technologies
Packsize is expanding its offering – and European presence – with the acquisition of Sparck Technologies.
Shareholder acceptances creep up at IDS
The takeover of Royal Mail parent International Distribution Services has reached another milestone, with shareholder acceptances now climbing to just over 40%.
Atlas tables cash offer for De La Rue
Bank of England printer De La Rue is set to be de-listed from the stock exchange after the group’s board recommended a £263m cash offer from US private equity firm Atlas Holdings – although rival bids...
Xerox reveals closing of senior secured notes offering
Xerox has announced the closing of its dual offering of $400m (£303m) in 10.25% senior secured first lien notes due 2030, and $400m in 13.5% senior secured second lien notes due 2031.
Durst finalises integration of Aleph brand
Italian wide-format manufacturer Durst Group will fully absorb its Aleph subsidiary, acquired in mid-2023, within the company before the end of 2025.
Asteria Group continues growth with Irish acquisition
Asteria Labels & Packaging Group has continued on its acquisitive growth path after acquiring Dublin business Label World.