M&A
Restaurant Brands to buy Popeyes Louisiana Kitchen for $1.8bn
Restaurant Brands International announced it would buy Popeyes Louisiana Kitchen for $1. 8bn in cash.
Verizon and Yahoo agree $350m price cut for acquisition deal
Verizon Communications has secured a $350m discount on its deal to buy Yahoo's core internet business, following the disclosure of two massive data breaches involving the latter's account users.
Kraft Heinz ditches Unilever takeover plans
Kraft Heinz has ditched its plans to take over Unilever, just two days after it emerged the London-listed consumer goods giant had rejected a $143bn offer.
Unilever surges to multi-year highs as it rejects Kraft Heinz offer
Unilever shares surged on Friday after the London-listed consumer goods giant rejected a $143bn offer from Kraft Heinz.
Analysts weigh in on Kraft's offer for Unilever
As it emerged that London-listed consumer goods group and Marmite owner Unilever has rejected a $143bn offer from Kraft Heinz, analysts weighed in with their views.
Talks between Sky and Mediaset for Italian pay TV unit well advance, Il Sole reports
Contacts between Mediaset and rival London-listed Sky for the sale of the former's pay-TV unit Premium were well advanced, Italian daily Il Sole 24 Ore reported.
Hansteen makes all cash offer for IMPT
Hansteen said on Friday it had agreed a recommended all cash offer to buy Industrial Multi Property Trust (IMPT) for £25. 2m.
Aetna, Humana quit planned $34bn tie-up
US health insurance titans Aetna Inc and Humana Inc have quit their planned $34bn tie-up after a court in that country ruled last month that it would limit competition.
Allergan picks up Zeltiq in multi-billion dollar all cash deal
US pharma giant Allergan announced a multi-billion dollar deal to acquire Zeltiq Aesthetics, the body-contouring company.
Heineken to buy Brasil Kirin for EUR664m
Dutch brewer Heineken has agreed to buy beer and soft drinks maker Brasil Kirin Holding from Japan’s Kirin Holdings for €664m.
Telecom Plus sells stake in energy business to Drax Group for £71m
FTSE 250 listed gas, electricity and broadband provider Telecom Plus has completed the sale of its 20% stake in Opus Energy Group to Drax Group, a electrical power generation firm, for about £71m.
Reckitt Benckiser confirms Mead Johnson acquisition, full-year revenue rises
Nurofen and Durex maker Reckitt Benckiser confirmed that it will buy US baby milk company Mead Johnson for up to $17. 9bn, while it also said that revenue and earnings grew in 2016 despite challenging markets and products.
Cigna-Anthem merger blocked by federal judge in US
The proposed merger between US health insurance giants Anthem and Cigna has come unstuck after a federal judge blocked the potential deal on the basis of antitrust legislation.
Sophos to buy US software company for $120m, improves outlook
Cyber security firm Sophos is to buy US software company Invincea for up to $120m in order to consolidate its position in the growing next-generation firewall market, while it said that billings and revenue grew in the third quarter and offered an improved outlook for the year.
EU clears Sumitomo takeover of Fyffes
Sumitomo Corporation's €751m (£646m) takeover of fruit distributor Fyffes has been cleared by the European Commission.
Beazley agrees to buy Canadian insurer Creechurch Underwriters
Insurer Beazley said on Monday that it is expanding its presence in Canada with the acquisition of the specialist managing general agent, Creechurch Underwriters.
Mondi buys UK food packager Excelsior for £33m
Packaging and paper firm Mondi on Monday said it had bought Excelsior Technologies Limited from funds managed by Endless LLP and certain other minority shareholders, for £33m (€38m), on a debt and cash-free basis.
Deutsche Boerse chief investigated for insider trading
Carsten Kengeter chief executive of the Frankfurt stock exchange Deutsche Boerse is being investigated by German prosecutors for insider trading ahead of merger talks with the London Stock Exchange (LSE).
Reckitt Benckiser in talks to buy US baby milk group for $16.7bn
Durex and Nurofen maker Reckitt Benckiser confirmed that it is “advanced negotiations” to buy US baby milk company Mead Johnson for around $16. 7bn, a move which could bolster its health products business.