M&A
AMC Entertainment to buy Odeon & UCI Cinemas in £921m deal
AMC Entertainment Holdings has agreed to buy London-based Odeon & UCI Cinemas Group from private equity firm Terra Firma in a deal worth around £921m.
Deutsche Boerse lowers threshold necessary for tie-up with LSE to proceed
Deutsche Boerse lowered the threshold of shares which needed to be tendered in order for its merger with the London Stock Exchange to continue moving forward.
WPP buys Belgium's Famous; to focus on Western EU post Brexit
WPP said the UK's decision to leave the European Union will lead to it placing “an even greater emphasis” on growth in Western Continental Europe as it announced the acquisition of a majority stake in Belgian creative agency Famous for an undisclosed sum.
Thompson Reuters sells intellectual property unit for $3.6bn
Thomson Reuters has agreed to offload its Intellectual Property & Science business for $3. 6bn cash to buyout pair Onex and Baring Private Equity Asia.
AstraZeneca mulling making a bid for America´s Medivation
AstraZeneca was mulling joining the fray for US drug outfit Medivation, according to a report published over the weekend.
LSE confirms Deutsche Boerse might lower minimum acceptance threshold for merger
The London Stock Exchange noted the announcement from Deutsche Boerse that it was considering lowering the minimum acceptance threshold for its shareholders to tender their shares which had been set at 75%.
Avast Software to buy AVG Technologies for $1.3bn cash
Prague-based Avast Software has agreed to buy Netherlands' AVG Technologies for $1. 3bn cash, adding mobile phone-protection software to its existing offering as it moves into the growing Internet of Things (IoT) market.
Jaywing to buy Australia's Massive Group
Jaywing, an AIM-listed UK-based firm specialising in the application of data science, said it has bought Massive Group, a search marketing agency based in Sydney, Australia.
Melrose Industries swoops for $2.2bn Nortek's US residential access
Melrose Industries has agreed to acquire US air conditioning and security technology group Nortek for $1. 44bn in cash, funded by a proposed £1. 61bn issue of new shares.
LSE-Deutsche Boerse tie-up should not be scuppered by Brexit - Jupiter
Heightened political sensibilities following UK's non-binding vote to quit the EU should not be used to scupper the London Stock Exchange-Deutsche Boerse merger, says a key stakeholder.
Iliad chosen for talks to buy Italy mobile assets - Bloomberg
The Italian phone market could have a new player as Iliad SA has emerged as a possible buyer of wireless assets in the country, as Hutchison Holdings and VimpelCom attempt to gain approval for a merger by selling unnecessary assets.
LSE shareholders approve Deutsche Boerse merger
London Stock Exchange said on Monday that shareholders have voted overwhelmingly in favour of its merger with Deutsche Boerse.
Some Deusche Boerse shareholders undecided on merit of LSE tie-up, report says
LSE shareholders continued to support a tie-up with German peer Deutsche Boerse, but some of the latter´s main investors remained undecided about whether to tender their shares, according to a report.
Synthomer closes acquisition of US-based Hexion PAC
Synthomer completed the acquisition of rival US-based Hexion Performance Adhesives & Coatings for a total cash consideration of $226m, funded via existing cash resources and the utilisation of additional credit facilities. Hexion´s China business, which accounts for about 1. 0% of the parent company´s sales, would be subject to a deferred completion, which was expected for the third quarter of 2016.