M&A
EC stops Three acquiring O2 from Telefonica, Hutchinson mulls legal challenge
Hutchinson said it may challenge the European Commission's decision on Wednesday to block its subsidiary Three's proposed acquisition of UK mobile network O2 from Telefonica.
Total moves into electric batteries with EUR 950m Saft acquisition
Oil and gas conglomerate Total announced a “friendly” offer for fellow French firm Saft this week, in a bid to expand its interests in sustainable energy and electricity.
BGEO completes pharmaceutical retail acquisition
Bank of Georgia holding company BGEO Group confirmed its healthcare arm has completed the acquisition one of the top three pharmaceutical retailers and wholesalers in Georgia.
Conviviality buys Bibendum PLB for £60m
UK alcohol wholesaler Conviviality has conditionally agreed to buy Bibendum PLB for £60m.
AstraZeneca completes rights sale on Imdur; closes buy from Takeda Pharma
AstraZeneca said it has completed the divestment of the global rights to angina treatment Imdur, outside the US, to China Medical System Holdings Ltd and its associated company, Tibet Rhodiola Pharmaceutical Holding Co.