M&A
Equinix agrees £2.35bn deal with Telecity
US data centre company Equinix Inc said on Friday that it has reached an agreement to acquired UK peer Telecity Group in a cash and share offer worth £2. 35bn.
Syngenta reportedly building defenses against another Monsanto bid
Agrochemical maker Syngenta AG is building up defenses as it prepares for a possible higher bid from US rival Monsanto Co. , according to press reports.
Optimal Payments buys Canada's FANS Entertainment
Online payment solutions provider Optimal Payments said it has acquired Montreal-based mobile platform developer FANS Entertainment Inc for C$16m.
Cinven buys Labco at lower end of recent IPO value range
Private equity group Cinven has agreed to acquire Labco, the pan-European medical group part-owned by FTSE 100 investment group 3i.
IAG confirms Aer Lingus offer price "will not be increased"
International Consolidated Airlines, the owner of British Airways and Iberia, has stated that its €2. 55 per share takeover offer for Aer Lingus was "final and will not be increased" in light of concerns about Ryanair's stake in Ireland’s flag-carrier.
CRH shares gain as it seals deal with Lafarge, Holcim
Shares in Irish building materials company CRH rose 2. 5% after the company said late on Tuesday that Lafarge and Holcim have accepted its offer to buy certain assets from them in a deal worth €6. 5n.
RBS eyes bid for £13bn Northern Rock portfolio
Royal Bank of Scotland has emerged as a bidder for part of Granite, which is a £13bn state-owned mortgage portfolio for sale by the UK government.
Synergy Health falls on speculation FTC to block tie-up with Steris
Shares in Synergy Health were registering sharp losses on speculation US authorities were about to block its proposed takeover by New York-listed rival Steris.
Charter Communications confirms takeover of Time Warner Cable at $196 a share
US cable giant Charter Communications has agreed a deal to buy its even larger rival Time Warner Cable for a price that values the latter at $79bn.
Vodafone may float Indian arm to raise $4bn as Liberty merger calls grow louder
As speculation about a potential merger with John Malone's Liberty Global intensifies further, Vodafone has appointed advisers to examine a potential flotation of its Indian arm.
HSBC considering sale of Brazilian unit
HSBC has confirmed speculation that it is looking at a possible disposal of its Brazilian operations, though it has not yet made a decision.
Dragon Oil receives 735p takeover bid from Dubai's ENOC
Dubai's national oil company, Emirates National Oil Company (ENOC), has agreed to acquire London and Ireland-listed Dragon Oil for £3. 6bn.
CVS to take over Omnicare in $12.7bn deal
CVS Health Corporation, the US-listed drugstore giant, is to buy healthcare group Omnicare for $98 per share in cash, valuing the nursing home and pharmacy services company at $10. 4bn.
Croda International spikes on bid chatter
Shares in Croda International were inflated by bid speculation on Thursday with more than 0. 25m shares in the chemicals group traded in a half-hour period.
Booker surges on Londis, Budgens deal as it posts full-year profit growth
Shares in food wholesaler Booker surged nearly 10% on Thursday after the company said it has signed an agreement to acquire the entire issued share capital of Musgrave Retail Partner, which comprises the Londis and Budgens businesses for £40m, and announced a capital return of 3. 50p a share.
Altice surges after buying controlling stake in Suddenlink
Shares in French cable group Altice surged 7% on Wednesday after the company said it has agreed to buy 70% of US regional cable company Suddenlink Communications from existing shareholders BC Partners and Canada Pension Plan Investment in a $9. 1bn deal.
Vodafone vibrating on Malone's messages about Liberty merger
Shares in Vodafone have rung up gains on Wednesday after US telecoms tycoon John Malone, the owner of Liberty Global, dropped heavy hints about a potential merger.
Valuation likely to be sticking point in Vodafone-Liberty deal, says Bank of America
Vodafone's share price is likely to be buoyed by speculation regarding a potential merger with Liberty Global over the coming days, though analysts at Bank of America Merrill Lynch remained cautious.
UK oil majors eyeing enhanced partnerships in Mexico, says Pemex official
Blue chips BP, BG Group and Shell, along with midcap Premier Oil are eyeing further opportunities in Mexico as the country’s drive to attract foreign direct investment and private sector participation in the oil and gas sector moves up a gear.
Aveva profits fall 21% as oil and gas decline hits
With bidders circling, engineering software group Aveva reported what it said was a resilient performance in difficult markets with revenue and profit hitting reduced expectations.