M&A
Valeant succeeds with all-cash offer for Salix Pharmaceuticals
Valeant Pharmaceuticals has won the bid battle for US rival Salix Pharmaceuticals following its failure last year to acquire Allergan, the maker of Botox.
Market Tech buys stake at Glipsa for €32m
Market Tech Holdings acquired a controlling stake in Glispa, a Berlin-based mobile marketing business, for €32m.
Haversham confirms speculation about a "substantial acquisition"
Haversham Holdings, the AIM investment vehicle formed by Avril Palmer-Baunack, confirmed speculation on Monday that it is looking at making a "substantial acquisition".
Holcim rejects Lafarge merger offer, demands better terms
The board of Swiss aggregates giant Holcim has rejected the terms of a €42bn merger with French cement group Lafarge.
BHS snapped up by new Retail Acquisitions vehicle
A new vehicle set up to buy retail assets has acquired loss-making high street clothing retailer BHS from retail magnate Sir Philip Green.
TSB confirms takeover bid from Spain's Banco Sabadell, Lloyds gives approval
Recently floated TSB has received a cash takeover approach from Spain's Banco Sabadell, which TSB's majority owner Lloyds said it would accept.
Exane says SABMiller now 'in play', ABInBev bid possible
SABMiller is a "key M&A play", according to analysts at Exane BNP Paribas, who said "it's now or never for a bid" for the company from Dutch brewing giant Anheuser-Busch InBev.
CRH boosted by continuation of Holcim-Lafarge merger talks
Shares in CRH were higher on Thursday after European cement giants Holcim and Lafarge confirmed merger talks were continuing.
ITV to acquire The Voice creator Talpa Media for £355m
ITV has agreed to acquire Dutch television producer Talpa Media for around £355m in its latest strategic step to create international content and expand across Europe.
JPMorgan expects M&A premium at Smith & Nephew to unwind as Stryker hopes fade
The M&A premium factored into the price of Smith & Nephew (S&N) will likely start to unwind, according to JPMorgan Cazenove, which said that a takeover by US medical devices peer Stryker is now "unlikely".
Ormonde Mining soars on conformation of Almonty bid
Spain-focused tungsten miner Ormonde Mining has confirmed it received an unsolicited takeover offer from Canadian group Almonty Industries.
Market overview: Euro slips further, undermines Brent
1634: The drop in the single currency continues to accelerate. It is now off by 1. 29% to 1. 0711. That, in turn, is weighing on front month Brent crude oil futures, which are losing 2. 01% to hit $56. 82 per barrel.
Charles Stanley confirms talks to sell securities arm
Broker Charles Stanley says it has entered into exclusive negotiations to sell its securities arm.
Lloyds sells iconic Halifax House Price Index to Markit
The UK’s Lloyds Banking Group is selling one of the country’s most popular property price trackers, the Halifax House Price Index to global financial data provider Markit.
Verisk Analytics to acquire WoodMac in £1.85bn deal
Verisk Analytics has agreed to buy Edinburgh-based WoodMac from San Francisco private equity firm Hellman & Friedman for £1. 85bn.
WPP invests in Swedish internet TV outfit FlowNetwork
Advertising and media giant WPP is to buy a minority stake in Swedish over-the-top TV service FlowNetwork.
Market overview: Rise in yields weighs on property stocks
1630:Close Stocks drifted lower at the start of the week as investors keyed off of the rather glum newsflow coming out of Greece. Construction and property sector stocks were weakest. On 6 March the yield differential on 10-year Gilts versus their German equivalents reached its greatest level since 1997 on the heels of a strong US jobs report. Negative newsflow around the Holcim and Lafarge tie-up may have weighed on shares of CRH. Over the weekend there was also some negative coverage of certain megabanks' -such as Citi and HSBC - low levels of return on equity in the FT.
Simon Property places bid for Macerich takeover
Simon Property has announced on Monday a $16bn binding offer to acquire Macerich, a Californian real estate investment trust group.
Gaming & Leisure makes hostile offer for Pinnacle's real estate assets
Gaming and Leisure Properties Inc. (GLPI) has gone hostile with its offer to buy Pinnacle Entertainment Inc. ’s real estate assets.
Weir Group stock gets lifted by bid speculation
Shares in British engineering giant Weir Group rose by 5. 8% early Friday to trade at 1836p amid bid speculation.