M&A
Alstom confirms talks to buy Bombardier’s train business
French train company Alstom confirmed on Monday that it is in talks with Canada’s Bombardier about a possible acquisition of its train business.
Jupiter Fund Management in £370m offer for Merian
Jupiter Fund Manager on Monday confirmed it had made a £370m takeover offer for Merian Global Investors.
Directors deals: Candy Ventures ups stake in Audioboom
Candy Ventures sarl made off with another batch of Audioboom shares, sending the stock up to within a whisker of their 52-week highs.
CMA to probe Kingspan takeover of SIG's Building Solutions
The UK competition watchdog has launched a probe into Kingspan Holdings’ proposed £37. 5m acquisition of Building Solutions from SIG.
WPP buys US marketing technology consultancy XumaK
Advertising giant WPP said on Wednesday that its Wunderman Thompson agency has bought marketing technology consultancy XumaK for an undisclosed sum.
Sprint soars after US judge approves merger with T-Mobile
Shares of telecommunications carrier Sprint were catapulted higher after a US judge gave the thumbs-up to its plans for a merger with T-Mobile.
Canaccord cuts target for Jupiter Fund Management on M&A risk
Canaccord Genuity cut its target price for shares of Jupiter Fund Management from 415. 0p to 362. 0p after the firm modified its capital allocation policy to include inorganic growth - before dividends.
KKR says it has not made bid offer for NMC
Private equity group Kohlberg Kravis Roberts (KKR) said it had not made any bid approach to troubled Middle East healthcare company NMC.
JD Sports Footasylum merger 'substantially' lessens competition, says CMA
JD Sports could be made to sell Footasylum after the Competition and Markets Authority said on Tuesday that the takeover "substantially" lessens competition.
Cranswick buys Buckle family pig operations, JV
Food producer Cranswick said it had bought the Buckle family's pig farming and rearing operations as well as the family's 50% stake in the White Rose Farms joint venture it set up with the family in 2018.
China's Geely mulls merger with Volvo Cars
Geely Automobile and Volvo Cars are considering a multi-billion dollar merger, it was confirmed on Monday.
Simon Taubman to buy shopping centre specialist in $3.6bn deal
Simon Property Group is to take control of mall owner Taubman Centers in a $3. 6bn cash deal, the US firms announced on Monday.
Xerox sweetens bid for HP to $24 a share
Xerox has sweetened its bid for HP to $24 a share from $22 a share.
Audioboom considers putting itself up for sale
Audioboom shares surged on Monday as the company confirmed that it is considering putting itself up for sale.
NMC confirms bid approaches from KKR, GK Investment
NMC Health confirmed it had received “highly preliminary” approaches from Kohlberg Kravis Roberts & Co and GK Investment to buy the company as its founder and a major shareholder were forced to step back from the board after their shareholdings had been reported incorrectly to the market.
Midwich enters US market with Starin acquisition
Specialist audio visual distributor Midwich has bought US value-added AV distributor Starin for an enterprise value of up to $46. 1m (£35. 7m).
TUI sells Hapag-Lloyd to joint venture for €1.2bn
TUI has agreed to sell its Hapag-Lloyd Cruises business to TUI Cruises, the company's 50:50 joint venture with Royal Caribbean Cruises, for an enterprise value of €1. 2bn (£1bn).
Mediclinic gets green light for South Africa purchase
Healthcare services group Mediclinic International said South Africa's competition appeal court had cleared its purchase of a controlling stake in Matlosana Medical Health Services.
Three Thai conglomerates bid for Tesco stores - report
Tesco's stores in Thailand and Malaysia have attracted offers from three Thai conglomerates in the first round of bidding on a deal expected to be worth as much as $10bn (£7. 7bn), the Financial Times reported.
Advent buys Forescout for $1.9bn in cash
Forescout Technologies has agreed to be bought by Advent International for $1. 9bn (£1. 5bn) in cash in the private equity firm's latest purchase on its buying spree.