(Alliance News) - Rotherham, England-based regenerator of land and property Harworth Group PLC has replaced Network International Holdings PLC in the FTSE 250 index. Read More
Network International Holdings PLC - Dubai-based provider of payment products and services - BCP VI Neptune Bidco Holdings Ltd, indirectly owned by Brookfield Business Partners, says remaining regulatory conditions relating to bid for NIH have been satisfied. Court hearing to sanction scheme by which deal will be facilitated to be held on September 13. Read More
(Alliance News) - Network International Holdings PLC on Thursday noted a challenging external economic environment but highlighted that the longer-term outlook remains positive. Read More
(Alliance News) - Network International Holdings PLC announced on Wednesday that the deadline for its acquisition by BCP VI Neptune Bidco Holdings Ltd has been extended. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Network International Holdings PLC - London-based Middle East and Africa-focused payments provider - Updates on planned takeover by Brookfield Asset Management Ltd. Confirms that regulatory change of control clearances for the acquisition have been received from the Central Bank of Jordan, the Bank of Ghana, the Bank of Botswana and the Reserve Bank of Malawi. Stresses Network and Brookfield remain committed to completing the deal as quickly as possible and continue to engage positively with the Central Bank of the United Arab Emirates and the relevant regulatory authorities in other jurisdictions where clearances remain outstanding, including Kenya, Nigeria and Saudi Arabia. In light of this continued engagement, extends the long stop date for the deal to become unconditional and effective from April 9 to October 9. Read More
(Alliance News) - Network International Holdings PLC on Thursday reported higher profit in the first half of 2023, amid growth in Africa. Read More
Network International Holdings PLC - Middle East and Africa-focused payments provider - To host court meeting and general meeting on August 4, so shareholders can vote on the takeover offer from Toronto-based private equity firm Brookfield Asset Management Ltd. The offer requires approval from 75% of voting shareholders at both meetings. In early June, Network International said Brookfield will pay 400 pence per Network International share, a 64% premium to Network International's 243.6p share price at the close of play on April 12, the day before Network International first received buyout interest. The takeover offer gives Network International an equity valuation of GBP2.2 billion. Read More
(Alliance News) - CVC Advisers Ltd and Francisco Partners Management Ltd on Monday said it no longer intends to make a takeover offer for Network International Holdings PLC. Read More
(Alliance News) - Stocks in London were set to open higher on Monday, at the start of a busy week of central bank moves. Read More
(Alliance News) - Stocks in London ended largely in the red on Friday as investors look ahead to a busy two weeks of central bank interest rate decisions with trepidation. Read More
(Alliance News) - Stock prices in Europe wobbled on Friday, with investors nervously awaiting next week's US inflation report and central bank decisions there and in the EU and Japan, while eyes turn to the New York open after a bullish run for the S&P 500 index continued on Thursday. Read More
(Alliance News) - Network International PLC on Friday said it agreed to a takeover from entities backed by Toronto-based private equity firm Brookfield Asset Management Ltd. Read More
(Alliance News) - Stock prices in Europe opened mostly lower on Friday, failing to replicate a rally seen on Wall Street, where stocks were spurred on by a weak US jobless claims reading that reinforced expectations that the Federal Reserve will decide against an interest rate hike. Read More
(Alliance News) - Stocks in London were called to open higher on Friday, after a weak US jobless claims reading threw "cold water" over expectations for an interest rate hike by the Federal Reserve next week. Read More
(Alliance News) - Analysts were divided over what the latest takeover deal for a London mid-cap means for the wider financial market in the UK. Read More
(Alliance News) - Network International Holdings PLC on Thursday said it extended its deadline for CVC Advisers Ltd and Francisco Partners Management LP to make a formal takeover offer. Read More