Situations

A company or its board looking for a buyer.

Thursday

1. Sale process Arc Minerals Limited ARCM£14m new

   Kabompo West strategic partnership

   After the Settlement Agreement reached in the previous quarter, Arc is running a dual-track strategy at Kabompo West in Zambia.

   Track 1 Advanced discussions with a shortlist of large mining …Track 2 Review of geological, geophysical and drilling database, …

   Next Update on partnership talks and project review −12% since 22 Oct · moved 22 Oct
2. Sale process Bloomsbury Publishing BMY£505m new

   Sale of Who’s Who and Osprey Games

   Bloomsbury decided earlier in 2026 to sell Who’s Who and Osprey Games, both in Special Interest. The 22 Oct 2026 interims say sale processes have begun; Consumer margin was 9.5%, or 11.6% excluding Special Interest.

   Stage Sale processes begunBusiness sold Who’s Who and Osprey Board Games (Special Interest, …Status Sale processes begun

   Next Outcome of sale processes −8% since 22 Oct · moved 22 Oct

Earlier this month

1. Sale process GB Group GBG£354m new

   Strategic options for Global Fraud Solutions

   On 20 October 2026 GBG said the non-core Global Fraud Solutions business, about 5% of revenue, declined more than expected on licence renewal timing, churn and fewer new wins. It is still assessing strategic options;

   Business Global Fraud Solutions, non-core, c.5% of total revenueTrading declined more significantly than expected in 1H27

   Next Outcome of the strategic options assessment +2% since 20 Oct · moved 20 Oct
2. Sale process YouGov YOU£314m

   Shopper strategic review

   YouGov began a strategic review of Shopper in March 2026 to unlock long-term value. On 13 Oct 2026 it said the review is ongoing with no outcome given.

   Stage Review ongoing; no outcomeShopper H1 profit £6.8m adjusted operating profit (HY25: £13.9m)Incremental investment £6m expected in FY26

   Next further update on the review +58% since 24 Mar · moved 13 Oct
3. Sale process NAHL Group NAH£22m

   Strategic options for shareholder value

   Review of options to accelerate shareholder value began in May 2026. The first disposal, Searches UK, has now completed. Capital allocation policy is under review and net cash is expected by end October 2026.

   Price £1.2m · 5.9% of market value

   Next Further updates in due course; capital allocation policy review +37% since 7 May · moved 8 Oct
4. Sale process Real Estate Investors RLE£54m

   Possible sale of entire portfolio

   Management remains open to a corporate transaction that could provide a more rapid conclusion to its stated disposal and wind-down strategy, provided that it delivers attractive value for …

   Price £26.9m · 47.3% of market value

   −5% since 14 Jan · moved 30 Sep

September 2026

1. Sale process Pollen Street POLN£547m

   Strategic review and possible offer

   Following media speculation, on 2026-09-23 Pollen Street confirmed a Rule 2.4 strategic review to deliver greater value for shareholders, with a take-private as one option.

   Stage Strategic review begun; preliminary discussions with a …Possible outcome Take-private is one of multiple options; no certainty of an …

   Next further announcement as and when appropriate +12% since 23 Sep · moved 23 Sep
2. Sale process Aptitude Software Group APTD£116m

   Strategic review

   Formal sale process launched 8 April 2026 with the £20m buyback suspended and no offer received.

   Proposals Non-binding indicative proposals from trade and private …Board view Continuing discussions with certain parties on a cash offer …

   Next Further announcements on discussions as appropriate −3% since 8 Apr · moved 16 Sep
3. Sale process Kore Potash KP2£186m

   Formal sale process

   Kore began a formal sale process on 4 November 2025 after approaches from two parties. One suspended its interest on 27 February 2026. A new party approached on 8 June 2026, so two are again engaged.

   Bidders Original party continuing due diligence; new party …Price Not stated; no firm offer

   Next outcome of due diligence by the two engaged parties +13% since 4 Nov · moved 11 Sep
4. Sale process Team Internet Group plc TIG£85m

   Strategic review and divestments

   Strategic review of the profitable DIS segment began in November 2025. On 7 September 2026 the Board said the review is at an advanced stage, with multiple parties interested in all or parts of the division.

   Stage Advanced; discussions ongoing aiming for a transaction in …Timetable Any agreed transaction expected to complete around the year …

   Next agree a transaction in the near term; completion around year end −21% since 11 Nov · moved 7 Sep

August 2026

1. Sale process Morgan Advanced Materials MGAM£674m

   Thermal Products strategic review

   Strategic review of the Thermal Products division, including a potential disposal, began in March 2026.

   Scope Full range of options under consideration, including a …Progress Good progress assessing the division's growth prospects; …

   Next further update in due course +8% since 3 Mar · moved 6 Aug

July 2026

1. Sale process Science Group SAG£229m

   Freehold property options review

   Advisors have been appointed to evaluate a range of options which may provide benefits in the longer term.

   Next advisers to evaluate options for the two freehold sites −3% since 27 Jul · moved 27 Jul

May 2026

1. Sale process SSP Group SSPG£1,343m

   TFS India stake value options

   Since TFS listed in India in July 2025, the Board has been considering options to realise value from SSP's 50.01% stake.

   Deadline TFS free float requirement to be delivered by July 2028Timing Precise timing subject to market conditions

   Next options to create value, timing subject to market conditions +24% since 4 Dec · moved 19 May

A row opens the situation with its chart and every step. Company pages also show the smaller matters – a new CEO, a plan, a contract, director buying.