M&A
Diageo sells more wine assets and agrees Argentinian spirits partnership
Diageo has sold off more of its wine assets for an amount described as "not material" after deciding earlier this year that wine was "no longer core".
WPP acquires digital ad buyer Essence
WPP has further strengthened its hand in digital media by acquiring a majority stake in one of the world’s largest independent buyers of digital advertisement, London-based Essence Digital.
Activision Blizzard to buy Candy Crush creator King in all-cash deal
Activision Blizzard announced it would buy-out Irish rival King Digital Entertainment to gain a footprint in the market for mobile gaming in an all-cash transaction valued at $5. 9bn (3. 8bn pounds).
Shire agrees acquisition of Dyax Corp for up to 6.5bn dollars
Shire has agreed the $5. 9bn acquisition of Dyax Corporation, a US-based biotech with a rare-diseases pipeline offering strong growth potential, and said it remains interested in pursuing evasive rival Baxalta.