M&A
BorgWarner to buy Delphi Technologies in $3.3bn deal
Shares of Delphi Technologies surged in pre-market trade on Tuesday after it agreed to be bought by BorgWarner Inc. in an all-share deal that values the business at about $3. 3bn.
United Technologies beats forecasts, tie-up with Raytheon seen in Q2
United Technologies posted better-than-expected quarterly revenues and profits as it continued to progress on spinning off its activities outside of the aerospace field and its merger with Raytheon.
Frenkel Topping confirms preliminary approach from Harwood Capital
AIM-listed financial adviser and asset manager Frenkel Topping said on Tuesday that it has received a preliminary approach from investment group Harwood Capital.
AstraZeneca sells hypertension drug rights; Ends Allergan deal
AstraZeneca said it had agreed to sell the global commercial rights to a range of hypertension treatments to Atnahs Pharma for up to $390m.
Halma on £83.5m acquisition spree
Health and safety firm Halma said it had made two acquisitions in the US and Australia for a combined £83. 4m.
Takeaway.com to delay Just Eat merger by a week due to CMA probe
Dutch food delivery service Takeaway. com said on Friday that it will delay the timetable for its £6bn merger with London-listed rival Just Eat by a week after the Competition and Markets Authority said it plans to investigate the deal.
Smith & Nephew buys US ear tube maker
Medical technology firm Smith & Nephew said it had bought California-based Tusker Medical for an undiscosed sum.
Rival Turkish bid being lined up for British Steel - report
The government is lining up a rival bidder for British Steel in case an agreed takeover by China’s Jingye falls through, it was reported on Wednesday.
CMA to probe DMGT's acquisition of i newspaper
The Competition and Markets Authority said on Wednesday that it will look into whether Daily Mail & General Trust’s acquisition of the i newspaper from JPI Media will lessen competition.
Uber offloads Indian food delivery business
Uber has struck a deal to sell its Indian food delivery service to local food app Zomato.
Anglo American to buy Sirius Minerals in £404.9m deal
Anglo American has agreed to buy Sirius Minerals for 5. 5p a share in cash, in a deal that values the fertiliser maker at £404. 9m.
BAE to buy two electronics assets for $2.2bn
BAE Systems said it was spending $2. 2bn on two electronics assets being sold as part of the Raytheon and United Technologies merger in the US.
Endeavour ends merger talks with Centamin
Canada’s Endeavour Mining said on Tuesday that it has ended takeover talks with Centamin after deciding not to make an offer for the London-listed gold miner.
Brookfield powers ahead with takeover bid for TerraForm
Energy company Brookfield Renewable Partners has moved to take full control of TerraForm Power, it was announced on Monday.
Anixter agrees to Wesco buyout bid, ditches CD&R
The battle for network security and electrical solutions company Anixter International came to an end on Monday after it agreed to be bought by Wesco International in a $4. 5bn deal.
Pennon said to be planning sale of Viridor
Shares of South West Water owner Pennon surged on Monday following reports that it was preparing to sell off its Viridor waste management business after a bid from US private equity firm KKR.
Just Eat shareholders approve Takeaway.com takeover
The battle for Just Eat ended on Friday as shareholders of the online food delivery service approved a £6. 3bn merger with Dutch rival Takeaway. com.
Aston Martin jump on reports of talks with China's Geely
Shares of Aston Martin sped higher at the end of the week following news that China's Geely had held talks with the iconic carmaker's management regarding a potential investment.
Berenberg raises target on Breedon following CEMEX acquistion
Analysts at Berenberg upped their target price on British construction firm Breedon on Thursday following the group's conditional agreement to acquire part of CEMEX UK's assets.
Bunzl buys US firm for undisclosed sum
Distribution specialist Bunzl said it had bought US firm Joshen Paper & Packaging for an undisclosed sum.