{
  "id": 4837013,
  "title": "London Stock Exchange to lose three more firms after takeover offers",
  "url": "https://urgent.news/2026/09/01/london-stock-exchange-to-lose-three-more-firms-after-takeover-offers",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T10:08:02.000Z",
  "source": {
    "name": "Guardian Business",
    "slug": "guardian-business",
    "url": "https://www.theguardian.com/business/2026/sep/01/london-stock-exchange-to-lose-three-more-firms-after-takeover-offers"
  },
  "original_language": "en",
  "account": "The value of deals removing firms from the London Stock Exchange's under-pressure market has surpassed $100bn this year, with three more London-listed companies set to be taken over. Bodycote, a FTSE 250 industrials group listed on the LSE since 1972, agreed to a £1.84bn takeover by the US private equity group Veritas. The Macclesfield-based company offers services including heat treatment for manufacturing, metal joining, and protective metallic coatings. Veritas believes Bodycote's prospects would be better served as a private company under its ownership, as it will gain enhanced flexibility and a long-term perspective to pursue growth opportunities.\n\nGamma Communications, a telecoms company, recommended a £1.1bn offer from UK private equity company Epiris after confirming it was in possible takeover talks with European buyout company Waterland. Epiris first expressed interest in a potential takeover in June, stating that the additional flexibility from a private company environment would enable Gamma to invest further and focus on long-term growth.\n\nScottish energy company Capricorn, which has been on the FTSE all-share for 38 years, is set to end its tenure on the index after striking a deal with Norwegian rival DNO for $396m. Capricorn had previously recommended an offer from Genel Energy but switched its recommendation after receiving a higher offer from DNO.",
  "summary": "Latest purchases take value of deals to leave capital’s stock market this year past $100bn Three more London-listed companies are set to be taken over as the value of deals removing firms from the capital’s under-pressure stock market passes $100bn (£74bn) so far this year. On Tuesday, Bodycote, the FTSE 250 industrials group that has been listed on the London Stock Exchange since 1972, agreed a…",
  "key_points": [
    "Bodycote, a FTSE 250 industrials group, to be taken over by Veritas for £1.84bn",
    "Gamma Communications to be acquired by Epiris for £1.1bn",
    "Scottish energy company Capricorn to be bought by DNO for $396m"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Cointelegraph",
        "title": "London Stock Exchange partners with Kraken parent for tokenized UK stocks: FT",
        "url": "https://urgent.news/2026/09/01/london-stock-exchange-partners-with-kraken-parent-for-tokenized-uk",
        "published": "2026-09-01T10:56:41.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}