M&A
Linde surges as it confirms Praxair merger approach
Shares in Linde AG surged on Wednesday after the German industrial gases company confirmed that it has received a revised proposal regarding a potential merger of equals with US rival Praxair Inc.
Johnson&Johnson increases bid for Actelion
US personal care products giant Johnson&Johnson has increased its takeover offer for Swiss biotech outfit Actelion as talks between the two firms progress, Bloomberg reported citing people familiar with the matter.
Metal Tiger turns down offer from BMR
Metal Tiger, an AIM listed natural resources focused investing company, announced that it had received an indicative offer from Berkeley Mineral Resources (BMR) Group.
Severn Trent: Dee Valley shouldn't sell shares to Ancala after £84m bid
Dee Valley shareholders should take no action in respect of Ancala Fronia’s previous revised bid for the water company, Severn Trent said on Friday.
Actelion surges on Johnson & Johnson bid report
Actelion surged on Friday following a report that US healthcare group Johnson & Johnson has made a takeover bid for the Swiss biotechnology company.
Scisys buys Germany´s Annova Sytems for £9.7m
Software company Scisys bought Munich-based Annova Systems, a software provider for €11. 35m (£9. 7m) which puts it in “a stronger market position” across Europe.
Skyscanner acquired by Chinese firm Ctrip for £1.4bn
UK-based travel website Skyscanner is to be bought over by Chinese travel company Ctrip, valuing the business at around £1. 4bn.
Advent International to buy Brammer for £221.5m
Industrial supplies and services distributor Brammer has agreed to be bought by US private equity firm Advent International for 165p in cash per share, or around £221. 5m.
Dr Pepper Snapple acquires drinks company Bai Brands for $1.7bn
Dr Pepper Snapple Group has swooped in to purchase beverage maker Bai Brands for $1. 7bn, as it and its rivals make tracks to incorporate healthier products.
Redburn sees TalkTalk ditching dividends
Talk Talk´s strategy of raising prices on a shrinking customer base was a poor proposition, even more so with growth in the overall market flat, analysts at Redburn said.
Boral to acquire Headwaters in all-cash deal
Boral Ltd. agreed to purchase US building products manufacturer Headwaters Inc in all cash deal valued at $1. 86bn in order to take advantage of an expected increase on infrastructure spending in the States following the surprise electoral victory by Donald Trump.
Asia close: Chinese shares hit 10-month high
Asia´s main stockmarket benchmarks were higher at the start of the week, but trading across the region as a whole ended on a mixed note, with several of the main bourses sporting losses by the closing bell.
Macom Technology to buy Applied Micro Circuits for $770m
Macom Technology Solutions has agreed to buy connectivity and computing solutions company Applied Micro Circuits Corp in a deal valued at around $770m.
London Stock Exchange strengthens information arm with Mergent deal
London Stock Exchange has acquired US-based Mergent Inc for an undisclosed fee to strengthen its fast-growing information services division and support creation of more passive investment products.
Alternative Networks agrees sale to Daisy for £165.3m
Telecoms software group Alternative Networks has agreed to be bought by Daisy Intermediate Holdings for 335p per share in cash, or about £165. 3m.
Symantec to buy LifeLock for $24 per share
Symantec Corp has agreed to buy identity theft protection services company LifeLock for $24 per share or $2. 3bn in enterprise value.
Tesla shareholders approve controversial SolarCity merger
Shareholders in innovative car-maker Tesla Motors have approved the acquisition of solar energy company SolarCity, despite many expressing reservations about the deal.
WellCare Health to buy Universal American in $600m deal
WellCare Health Plans has agreed to buy Universal American for around $600m.
General Electric pays $915m for software firm ServiceMax
US industrial supplier General Electric has agreed to pay $915m for software company ServiceMax, which was recently published as part of Forbes' list of next billion dollar startups.
MP Evans rejects sweetened offer from KLK
Indonesian palm oil plantation owner MP Evans has rejected a sweetened takeover offer from Kuala Lumpur Kepong.