M&A
Deutsche Bank held exploratory talks with Commerzbank
Deutsche Bank and Commerzbank studied a potential tie-up this month, but the deal fell through, according to reports from German publication Manager Magazin.
Deutsche Bank, Commerzbank held potential tie-up talks in August - report
Bosses at Germany's two biggest banks -- Deutsche Bank and Commerzbank -- held talks about a potential tie-up earlier in August, a report says.
US DoJ seeks to block proposed Deere, Monsanto deal - report
US Department of Justice (DoJ) has filed a lawsuit contesting Deere &Co's planned buy of a line of high-tech farming equipment from Monsanto Co, a report says.
Genesys to buy Interactive Intelligence in $1.4bn deal
Omnichannel software firm Genesys has agreed to buy cloud company Interactive Intelligence in a deal valued at around $1. 4bn.
Mondelez backs off from Hershey pursuit
The owner of Cadbury chocolate has lost its interest in buying US confectionery company Hershey, after having two bids rebuffed in recent months.
Apollo to buy Rackspace for $32 per share
Managed cloud company Rackspace has agreed to be acquired by funds affiliated with investment manager Apollo Global Management for $32 per share in cash.
AB InBev to cut 3% of workforce after merger
Belgian brewer Anheuser-Busch InBev said on Friday that its merger with SABMiller could result in thousands of job losses.
The time is right for a Fox take-over of Sky, Macquarie says
The time was ripe for Fox to pick-up the 61% of Sky which it did not already own, following the 32% year-to-date share price drop in the shares of latter is US dollar terms, analysts at Macquarie said.
EntertainmentOne plunges as ITV switches off
ITV has withdrawn its proposed acquisition of Entertainment One, refusing to up its offer for the Peppa Pig owner after its initial bid was rejected, potentially leaving the door open for rumoured private equity bidder KKR.
Bayer and Monsanto move closer to a deal
Bayer and Monsanto came closer to agreeing a combination of their two businesses on Tuesday evening.
Journey Group agrees to be taken private by Jaguar Holdings
Journey Group, a provider of in-flight products and catering services to airliners, agreed to be taken private by Jaguar Holdings.
SABMiller's shareholders can be split in two classes, judge rules
Brewery and beverage giant SABMiller’s shareholders can be treated as two classes when they vote on the £79bn takeover by rival Anheuser Busch InBev, a judge ruled on Tuesday.
AerCap interest in an Easyjet take-over highly debatable, Credit Suisse says
AerCap's interest in participating in a take-over of EasyJet was "highly debatable", analysts at Credit Suisse said.
Medivation surges on Pfizer deal
Medivation shares surged in pre-market trade after the biopharmaceutical firm agreed to be bought by Pfizer Inc for $81. 50 a share in cash, or a total enterprise value of about $14bn.
Idox buys full-service digital agency Rippleffect for £2m
Idox has acquired full-service digital agency Rippleffect for £2m.
Syngenta surges as US watchdog clears ChemChina takeover
Swiss agriculture company Syngenta surged on Monday after the US-based Committee on Foreign Investment in the US (CFIUS) cleared ChemChina’s planned $43bn takeover of the group.
Pfizer set to announce acquisition of Medivation, WSJ says
Pfizer was set to clinch a deal to purchase oncology-treatment specialist Medivation.
Speculation surfaces of possible bid for easyJet by its founder
Market chatter surfaced on Friday morning, referencing a newspaper report, regarding a possible bid for easyJet.
Premier Farnell fizzles as Dätwyler refuses to top Avnet offer
Premier Farnell shares sank on news that Swiss suitor Dätwyler Holding was refusing to improve its offer for the electronic components distributor.
China's Ping An plans to invest in UK despite Brexit result
China’s second biggest insurance company is not put off investing in the UK despite the Brexit result, as it makes plans to increase overseas spending.