M&A
James Fisher & Sons acquires Return to Scene Ltd
James Fisher & Sons has acquired SeaEnergy-subsidiary Return to Scene Ltd (R2S) for £1. 9m. It said further consideration of £0. 1m was payable should R2S win certain contracts before 31 December.
Riverstone to buy remaining stake in Talen Energy
Shares in Talen Energy surged in pre-market trade after the energy and power generation company said private equity firm Riverstone Holdings will buy the remaining stake it does not already own for $1. 8bn.
Source BioScience gets potential 18p a share offer
Shares in Source BioScience are up more than 15% after it received a potential but firm 18p a share cash offer from Continental Investment Partners SA and Harwood Capital LLC.
Begbies Traynor buys Pugh Auction Group for £2m
Property services group Begbies Traynor said it had bought Pugh Auction Group for £2m in cash.
Shire completes combination with Baxalta
Irish pharmaceuticals company Shire said on Friday that it has completed its $32bn takeover of US-based Baxalta.
Johnson & Johnson to acquire Vogue hair and body products lines
Johnson & Johnson has agreed to acquire Vogue International, a privately held hair care company, for roughly $3. 3bn cash.
Mondi buys Turkish consumer packaging firm for EUR90m
Paper and packaging group Mondi has signed an agreement for the acquisition of 90% of the outstanding share capital in Turkish consumer packaging firm Kalenobel from private equity group Argus Capital and M. Olcay Hephiz, one of the company’s founders.
LSE, Deutsche Börse see 1,250 jobs cuts after merger
Up to 1,250 jobs will be axed in the £20bn merger between the London Stock Exchange and Deutsche Börse, according to the merger prospectus published on Wednesday.
Coca-Cola to acquire Unilever's AdeS business for $575m
Bottling giant Coca-Cola Co and Mexico's Coca-Cola Femsa SAB said they have agreed to buy Unilever's AdeS soy-based beverage business for about $575m.
Credit Suisse wary of M&A expectations building at Royal Mail
Analysts at Credit Suisse hiked their target price on shares of Royal Mail based on their expectation that the firm´s management would be successful in finding the necessary efficiency gains to keep earnings flat.
Salesforce to buy Demandware for $2.8bn
San Francisco-based cloud computing company Salesforce has entered into a definitive agreement to acquire Demandware in a deal worth around $2. 8bn.