M&A
Hershey subject to takeover bid from Mondelez - WSJ
Snack food company Mondelez International has made an attempt to take over Hershey, according to a report from the Wall Street Journal.
News Corp to buy TalkSport owner Wireless Group
News Corp has agreed to buy Wireless Group, formerly UTV Media, in a £220. 3m deal.
LSE-Deutsche Boerse tie-up may be on the ropes
Chances are the mooted tie-up between the London Stock Exchange and Deutsche Boerse will not go ahead as planned following the UK´s vote to leave the European Union, according to some financial market measures.
Esure denies buyout report
Insurer Esure said on Thursday that it has not received an approach for the company.
Apollo to take Diamond Resorts private through all-cash bid
Diamond Resorts agreed to be taken private in an all-cash transaction worth approximately $2. 2bn.
Telefonica takes O2 off the auction block, for now
Spain´s Telefonica decided to take its UK subsidiary O2 off the auction block, following Brussel´s decision to block its sale to rival Hutchinson Whampoa, until the storm in markets abated.
RBS puts Williams & Glyn sale process on pause
Royal Bank of Scotland has shelved negotiations to sell its Williams & Glyn subsidiary, according to reports, which will make it difficult to complete the sale by the end of 2017 as required by the European Commission.
Glenwick tumbles after walking away from reverse takeover talks
Glenwick has resumed trading after directors walked away from much-anticipated talks about a potential reverse takeover deal, sending its shares tumbling.
Tesla makes bid for Solar City
Electric car maker Tesla Motors has made an offer for solar panel firm SolarCity in a bit to create an “end-to-end” offering of environmentally-friendly products.
Safestore sees completion of Space Maker purchase by end July
Safestore said conditions needed to buy fellow storage outfit Space Maker Stores Limited had been satisfied and completion of the acquisition is expected by 29 July 2016.
Revolymer purchase/placement
Shares in AIM-listed Revolymer jumped on Tuesday after the company said it had agreed a merger deal to buy Itaconix Corporation, a privately-owned US business based in New Hampshire for an initial $7m (£4. 9 million).
Kion to buy Dematic for $2.1bn
German supplier of forklift trucks and warehouse equipment maker Kion has agreed to buy US logistics company Dematic for $2. 1bn on Tuesday in a bid to become a global leader in intralogistics solutions.
Sports Direct in talks to buy US rival's stores
Sports Direct International and US retail peer Modell’s Sporting Goods have begun joint talks about potentially buying several hundred stores from bankrupt rival Sports Authority, according to reports.
Friday newspaper share tips: Facebook, LinkedIn and Wincanton
LinkedIn's sheer number of users -- more than the US has citizens -- didn't prevent it from getting bought out by Microsoft, writes the Financial Times' Lex column.
Siemens and Gamesa merge wind turbine units, create new leader
Siemens and Gamesa agreed to combine their wind-turbine manufacturing operations, creating a new world leader in terms of installed capacity worldwide.
BASF to buy Albermarle coatings unit for USD3.2bn
German chemical producer BASF has agreed to buy US specialty chemicals company Albermarle’s surface treatment division, Chemetall, for $3. 2bn.
Revlon to buy Elizabeth Arden for $870m
Cosmetics giant Revlon has agreed to buy Elizabeth Arden for $14 per share in cash, representing an enterprise value of around $870m.
HDFC Standard Life looking at merger with Max Life, Max Fin Services
Standard Life said its 35%-owned HDFC Standard Life Insurance was in talks with Max Financial Services to look at a possible merger of their insurance units.
Wood Group buys EESL fabrication unit from administrators
Energy industry services firm Wood Group said it had bought the trade and assets of Enterprise Engineering Service Limited’s (EESL) Aberdeen-based fabrication and manufacturing business from administrators for an undisclosed sum.
Thursday newspaper share tips: Poundland and Berkeley Group
South African retail conglomerate Steinhoff can certainly afford to pony up with the dosh to buy Poundland, but the Financial Times' Lex column ponders the purpose of such a deal.