M&A
Perrigo rejects Mylan's improved $35.6bn takeover offer
Irish drug group Perrigo has rejected an improved $35. 6bn takeover offer from US rival Mylan.
InterContinental Hotels Group snaps higher after remarks from US rival
First quarter profits at Starwood Hotels edged higher in the first quarter.
Nichols acquires a 49% equity stake in Noisy Drinks
Nichols, the UK soft drinks business, has taken an initial 49% equity stake in Noisy Drinks for £2. 7m.
MTI Wireless Edge acquires wireless company Mottech
Antennas developer and manufacturer MTI Wireless Edge said it will acquire Mottech, a provider of wireless control products for $4. 75m in order to expand its business strategy.
Tokyo Electron and Applied Materials back off merger plan
US equipment manufacturer Applied Materials and Japanese electronics and semiconductor company Tokyo Electron are to ditch their merger plan, both companies confirmed on Sunday, citing concerns expressed by the US Department of Justice.
Cap Gemini to acquire US Igate for $4.04bn
Capgemini announced on Monday it had acquired US-listed technology and services company Igate for $4. 04bn (£2. 66bn).
Numis says Pace takeover unlikely to fail, upgrades to 'hold'
A £1. 4bn takeover offer from US group Arris for Pace has prompted Numis Securities to remove its 'sell' rating on UK set-top box maker.
Pace set for £1.4bn takeover by US group Arris, profits up in Q1
Pace, the UK cable television set-top box maker, has agreed to be taken over by US telecommunications equipment manufacturer Arris in a $2. 1bn deal and said profits in the first quarter were up on the prior year.
London Stock Exchange boss says M&A with rival likely
The boss of the London Stock Exchange Group has said that the market operator could potentially be part of a tie-up with one of the other four main Western exchange groups within the next two years.
Teva launches cash and shares bid for Mylan
Teva Pharmaceuticals has announced a cash and shares bid for US rival Mylan at $82 per share.
Pharma M&A rumbles on as generic drug giant Teva poised for Mylan merger
The recent trend for biotech mergers and acquisitions (M&A) is expected to continue on Tuesday as Israeli generic drug giant Teva Pharmaceutical Industries Ltd is said to be poised to launch a takeover of US rival Mylan NV.
Credit Suisse downgrades SABMiller, says AB Inbev bid unlikely
Brewing group SABMiller has been hit with a downgrade by Credit Suisse from 'neutral' to 'underperform', with the bank saying that its premium valuation is "unwarranted".
Liberty Global's Telenet to acquire BASE from KPN for €1.33bn
Liberty Global's Belgian arm Telenet announced on Monday it will acquire Royal KPN's Belgian subsidiary BASE in a transaction valued at €1. 33bn (£938. 5m).
Poundland ploughs ahead with 99p Store deal with full CMA probe
Discount retailer Poundland has decided to plough ahead with its takeover of rival 99p Stores and has agreed to the UK competition regulator's demand for a full investigation.
Coca-Cola to buy Chinese protein drink company for $400m
Soft drinks behemoth Coca-Cola on Friday said it is to spend $400. 5m on a Chinese protein drinks group.
Quindell shareholders approve Slater & Gordon deal
Shareholders in Quindell on Friday voted to approve the £700m sale of the company's “no win, no fee” personal injury business to Australian law-firm Slater & Gordon.
Ricardo expands rail consultancy business with bolt-on buy of LR Rail
Engineering and consulting outfit Ricardo is spending £42. 5m in cash to buy Lloyd's Register Rail (LR Rail), an international rail consultancy and assurance business boasting blue chip clients.
Blinkx expands website portfolio with All Media Network deal
Online media group Blinkx has snapped up All Media Network, gaining access a number of "premium consumer properties" which collectively get over 25m unique users each month.
South Africa's Brait takes 80% stake in Richard Branson's Virgin Active
Johannesbourg-listed Brait is to take a controlling interest in Virgin Active, the chain of gyms part-owned by Sir Richard Branson's Virgin Group empire, in a deal that gives the business an enterprise value of £1. 3bn.
Yahoo! reportedly eyeing up local search group Foursquare
US internet giant Yahoo! is reportedly in talks to snap up Foursquare in a deal that could value the local business search group for $900m.