M&A
Bakkavor to sell China operations in £50m deal
Food producer Bakkavor said on Tuesday that it has agreed to sell its China operations to Lihe Xing (Qingdao) Food Technology Co for around £50m.
NCC Group exploring options for Escode business
Cybersecurity firm NCC Group said late on Monday that it is exploring a number of options for its Escoe business, including a potential sale.
Merck to buy US biotech SpringWorks for $3.9bn
German science and technology giant Merck announced on Monday that it is to acquire US biopharmaceutical outfit SpringWorks Therapeutics as it attempts to ramp up growth in the healthcare sector.
PE firms said to be circling NCC Group's Escode business
Private equity firms are reportedly circling one of the main subsidiaries of cybersecurity firm NCC Group.
Mediobanca launches €6.3bn bid for Banca Generali
Italy’s Mediobanca on Monday unveiled a €6. 3bn bid for rival Banca Generali in a move to expand its wealth management division.
France's Banijay mulls ITV bid - report
Peaky Blinders maker Banijay Group is working on plans for a takeover offer for ITV or its studio arm, according to a report published on Sunday.
Deliveroo suspends buyback after £2.7m DoorDash proposal
Deliveroo said on Monday that it was suspending the £100m share buyback programme announced last month after receiving a 180p per share takeover proposal from US rival DoorDash.
Admiral sells US motor division to JC Flowers
Insurance group Admiral is to sell its US motor insurance unit to American private equity investment firm JC Flowers & Co for an undisclosed amount.
Poland’s InPost to buy Yodel in £106m deal
Poland’s InPost said on Thursday that it has bought Yodel, one of the UK’s largest parcel delivery companies, in a £106m deal.
Wood Group extends Sidara offer deadline for second time
Scottish engineering and consulting business Wood Group has extended the deadline for Dubai's Sidara to make a formal takeover offer for the second time.
Science in Sport jumps on takeover offer
Science in Sport surged on Wednesday as it confirmed it has received a takeover proposal from investment firm db-capital at 34p a share.
De La Rue agrees £263m takeover by US investment firm Atlas
Banknote printer De La Rue said on Tuesday that it has agreed to be bought by US investment firm Atlas in a £263m deal.
Intel to sell 51% of Altera to PE firm Silver Lake in $8.8bn deal
Intel said on Monday that it has agreed to sell 51% of its Altera business to private equity firm Silver Lake in a deal that values the unit at $8. 75bn.
Belgium’s Ageas to buy Esure for £1.3bn
Belgian insurer Ageas said on Monday that it has agreed to buy UK-based digital personal lines insurer Esure from Bain Capital for £1. 3bn.
Wood Group minded to recommend latest takeover proposal from Sidara
Wood Group said on Monday that Dubai’s Sidara has made a non-binding conditional takeover proposal valuing the company at 35p per share that it would be minded to recommend.
Urban Logistics REIT confirms takeover approach from LondonMetric
Urban Logistics REIT confirmed on Friday that it has received a preliminary, indicative takeover proposal from LondonMetric.
Prada to buy Versace in €1.25bn deal
Italian luxury fashion brand Prada has agreed to buy rival Versace from Capri Holdings in a €1. 25bn deal.
Greencore deadline to make firm bid for Bakkavor extended to May 9
Convenience food group Greencore has been given an extension on the deadline to make a firm offer for rival Bakkavor until May 9 or walk away.
Induction Healthcare to be bought by Canada's VitalHub in £9.7m deal
Induction Healthcare said on Thursday that it has agreed to bought by Canadian software firm VitalHub Corp in a £9. 7m cash deal.
Flutter gets green light for €2.3bn Snai deal
Sports betting and gaming giant Flutter Entertainment has secured regulatory clearance for its €2. 3bn acquisition of Italy’s Snaitech.