M&A
UTV surges despite dip in interim profits
Shares in UTV Media jumped 7% on Friday, even though the media group posted a slight dip in interim pre-tax profit.
France's Ingenico said to be tabling bid for Worldpay
France’s Ingenico is reportedly tabling an offer for an £11bn merger with UK payments processing company Worldpay that would derail its plans for a flotation.
Rentokil buys Chicago-based Anderson Pest Solutions
Rentokil Initial announced the acquisition of Chicago-based Anderson Pest Solutions for an undisclosed sum.
Rotork snaps up subsea specialist Bifold
Industrial components manufacturer Rotork took advantage of the depressed market environment by acquiring what it described as a leading manufacturer of components for the oil and gas industry.
CRH sales up 13%, agrees to buy US glazer
Building materials group CRH posted a 3% lift in first half pre-tax profits to €63m from €61m, off reported sales up 13% to €9. 4bn.
Monsanto no longer pursuing Syngenta deal
US-based Monsanto said on Wednesday that it is no longer offering to acquire agriculture group Syngenta after the Swiss company said its improved bid of CHF470 was not up to scratch.
Schlumberger to acquire Cameron at hefty premium
US oilfield services giant Schlumberger announced it would pay a 37% premium to acquire oilfield equipment maker Cameron and strengthen its technological edge, defying range-bound commodity prices and recent volatility in global financial markets.
Germany's Wirecard reportedly joins bidding for Worldpay
German payments processor Wirecard AG has reportedly joined the bidding for UK rival Worldpay, which is owned by Advent International Corp. and Bain Capital.
Poundland takeover of 99p Stores wins CMA approval
The UK competition regulator has provisionally given approval for Poundland Group to acquire rival 99p Stores Ltd.
UTV Media may be set to sell TV arm to ITV
UTV Media may sell its TV assets following a failed push into the Republic of Ireland.
Zurich Insurance said to have asked RSA for more time to table bid
Zurich Insurance has reportedly asked its bid target RSA for more time to come up with a formal offer for the London-listed company after the two sides made progress on the prospective deal over the weekend.
GVC and Bwin.Party confirm bid talks over rumoured bigger offer
Online gambling operator GVC Holdings claims it has made "significant progress" in bid talks with larger rival Bwin. party after rumours emerged it had increased its proposed offer for the company last week.
Valeant comes up with $1bn bid for libido specialist Sprout
Drug giant Valeant Pharmaceuticals has come up with a $1bn offer for "female viagra" maker Sprout Pharmaceuticals, the day after the company won regulatory approval for its Addyi libido-boosting drug.
GVC Holdings ready to up Bwin offer to 130p
Online casino company GVC Holdings is working on an increased offer for larger rival Bwin. party as it looks to crush a competing bid from peer 888 Holdings.
Private equity outfits eyeing potential bid for Grainger, report says
The pressure on the management team at Grainger to increase its payout to shareholders is growing as private equity groups run the rule over the outfit in preparation for a possible bid.
Morrisons Supermarkets close to disposal of convenience stores estate
Wm Morrison Supermarkets is close to completing the surprise disposal of its convenience stores arm after a review into the small stores business.
Shire and Baxalta in takeover stand-off around $35bn bid
Drug maker Shire is likely to improve its takeover offer for US competitor Baxalta after its first offer was rebuffed, but has put pressure on its rival to make some concessions first.
Just Retirement and Partnership Assurance agree £1.7bn all-share merger
Annuities specialists Just Retirement Group and Partnership Assurance Group have agreed an all-share merger deal under the new name of JRP Group.
Shire to begin Baxalta bid talks despite poison pill, say reports
Shire is rumoured to be close to starting takeover negotiations with target Baxalta, just days after the US company rejected its $31bn approach.
Yo Sushi enters Inflexion takeover talks as restaurant M&A conveyor rolls on
Private equity firm Inflexion Partners has begun exclusive takeover talks with the owners of Japanese restaurant chain Yo! Sushi.