M&A
Telefónica acquires 3% share in digital services firm Indra
Even as Telefónica continued talks to sell off its UK unit O2 to Hutchison Whampoa, the Spanish telecommunications giant made a move to pick up a 3% share in Indra.
Aer Lingus willing to recommend improved €1.36bn takeover offer from IAG
Dublin-based airline Aer Lingus has said it would be willing to recommend a sweetened €1. 36bn takeover offer from IAGto its shareholders.
Aer Lingus to accept latest takeover bid from IAG
IAG, the owner of British Airways, will reportedly announce that Irish airline Aer Lingus has accepted its recent takeover bid.
Hutchison Whampoa to buy O2 from Telefonica for £10bn
Britain’s second-biggest mobile provider O2 is in talks to be purchased by Three mobile network owner Li Ka-shing for up to £10. 25bn.
CRH confirms talks to acquire Lafarage, Holcim assets
Dublin-based building materials group CRH has confirmed speculation that it could buy some of Lafarge and Holcim's assets ahead of their proposed merger.
Quindell bounds higher on Australian rumors
Shares in Quindell were higher on Thursday after rumours mounted that the outsourcing company was poised to offload its legal services division to Australian law firm Slater & Gordon.
3i Infrastructure sells Eversholt Rail stake to Hong Kong for healthy premium
3i Infrastructure has agreed to sell its entire stake in major UK passenger and freight rolling stock owner Eversholt Rail for £358m to a Hong Kong infrastructure investor.
Afren dealt further blow as T5 denies bid rumours
Shares in oil and gas group Afren have been hit by news that rumoured suitor T5 Oil & Gas is not interested in a takeover.
Sky and Liberty Global join race to buy O2 from Telefonica
Sky has joined the throng of UK companies bidding to buy the UK mobile operator O2 from Spanish owner Telefonica, according to local media, with US media giant Liberty Global also apparently interested in a potential purchase.
Amphion Innovations' part-owned partner lines up AIM flotation
Amphion Innovations, a developer of medical and technology businesses, announced its part-owned US partner Motif BioSciences will merge with a private company.
Afren stabilises after Seplat wins takeover deadline extension
Shares in FTSE 250 oil group Afren have been injected with new momentum after Seplat Petroleum Development, its Nigeria-based suitor, successfully applied for a 11-day deadline extension to agree a merger or takeover deal.
Shire acquires US rival NPS Pharmaceuticals for $5.2bn
Biopharmaceutical group Shire has announced it will acquire NPS Pharmaceuticals for $5. 2bn in cash, a long-rumoured target.
Catlin's £2.8bn takeover by XL confirmed, full dividends to be paid
The takeover of FTSE 250-listed insurance underwriter Catlin by US rival XL Group for an improved £2. 8bn has been confirmed, with a final dividend to be paid before the deal completes.
C&C confirms end of Spirit pursuit, leaving way clear for Green King
Irish drinks maker C&C Group has called off its pursuit of Spirit Pub Company, as recently rumoured, leaving the way clear for Greene King to complete its recommended £723m takeover.
Meggitt buys IP-laden valves business PECC for $44m
Aerospace engineer Meggitt has strengthened its industrial valve offering with the $44m cash acquisition of California-based Precision Engine Controls Corporation, which serves the oil and gas and power generation industries.