M&A
Home Retail acquisition hits the skids, report claims
Sainsbury's acquisition of Home Retail has stalled, according to the Financial Times.
BT completes EE acquisition; Openreach still an issue
BT Group said on Friday that it has completed its £12. 5bn acquisition of mobile network operator EE.
Al Noor merger gets unconditional OK from SA Competition Tribunal
Emirates-based healthcare provider Al Noor Hospitals’ proposed merger with South Africa’s Mediclinic has been approved unconditionally by South Africa’s Competition Tribunal.
Tech M&A megadeals saw uptick in final quarter of 2015, EY says
The fourth quarter of 2015 concluded a year of multiple global technology dealmaking records, setting a new all-time high for annual tech M&A aggregate value, thereby surpassing the previously set record in 2000, according to research conducted by EY.
WPP snaps up US app developer
WPP has acquired US mobile app developer ArcTouch Inc, which has developed smartphone and tablet computer apps for the likes of Audi, CBS, Yahoo and Saleforce.
Johnson Controls agrees acquisition of Tyco International in tax inversion deal
US industrial conglomerate Johnson Controls and Ireland-headquartered rival Tyco International have agreed to merge, in what is viewed as a sign that US corporates have retained their appetite for large M&A deals despite volatility in global capital markets.
Sports Direct boosts stake in Iconix
Sports Direct took advantage of the recent weakness in equity markets to boost its stake in Nasdaq-listed Iconix Brands to 14. 4%, according to an amended filing with that country’s stock market regulator, the Securities and Exchange Commission.
San Leon Energy offer talks terminated
Irish oil and gas company San Leon Energy said discussions with an unnamed buyer have been terminated.
Broadcaster buys control of Onion humour website
Control of satirical news website The Onion has been snapped up by broadcaster Univision Communications Inc for an undisclosed fee.
Wilmington buys JMH Publishing
Wilmington on Tuesday announced it was buying JMH Publishing, which provides online education for the health care industry.
Al Noor's Mediclinic merger gets SA Competition Comission approval
Emirates-based healthcare provider Al Noor Hospitals said its proposed merger with Mediclinic has been recommended for approval by the South African Competition Commission.
Ocado surges on rumours of Amazon bid
Shares in Ocado were flying on Tuesday morning as rumours of a bid from Amazon resurfaced.
Suncor clinches deal for rival Canadian Oil Sands
Suncor clinched a deal on Monday to buy Canadian Oil Sands, after upping its bid for a rival, in what some believed was the opening shot in the race to consolidate in that country’s unconventional oil sector.
European regulators to throw spanner in Three's O2 merger
Mobile network Three will this week be forced to make major concessions as part of its £10. 3bn acquisition of rival O2 from Spain's Telefonica.
Paddy Power merger with Betfair gets Irish clearance
Paddy Power’s recommended merger with Betfair has received clearance from Ireland’s Competition and Consumer Protection Commission.
GE sells appliances business to China's Haier for $5.4bn
General Electric has agreed to sell its appliances business to Chinese appliance maker Qingdao Haier for $5. 4bn (£3. 8bn).
EU clears Ball/Rexam merger, subject to divestments
The European Commission has approved the acquisition of London-listed drinks can maker Rexam by US rival Ball Corp, subject to the divestment of 12 plants in Europe.
Melrose Industries could join Philips lighting auction - report
Melrose Industries has begun running the rule over the £4bn lighting arm of Dutch electronics giant Philips, which would represent the group's largest purchase to date, Sky News reported, citing an unnamed source.
Asian buyers to sup from Anheuser-SAB merger
Japanese brewer Asahi Group is mulling a swoop for beer brands Peroni and Grolsch that may have to be sold as part of the takeover of SABMiller by Anheuser-Busch InBev, according to reports.
Shire to buy Baxalta for $32bn, shares gain
London-listed Shire Pharmaceuticals announced on Monday the purchase of US-based Baxalta for $32bn, provoking a mixed reaction from traders.