M&A
S&P keeps LSE Group's debt rating on CreditWatch negative
Credit analysts at S&P Global Ratings kept their rating on London Stock Exchange Group's long-term debt on 'CreditWatch negative'following the company's announcement that it might sell its interest in MTS or its stake in Borsa Italiana Group, pending further information on the scope of any asset sale.
London Stock Exchange Group raises interim dividend, may sell Borsa Italiana stake
The operator of the London Stock Exchange hiked its interim dividend following a better-than-expected half for the group.
Roman Abramovich sells stake in Highland Gold
A group of investors in Highland Gold, including Russian billionaire Roman Abramovich, announced on Friday the sale of a roughly 40% stake in the company's share capital to Fortiana Holdings at a valuation of approximately $1. 1bn.
Hastings confirms takeover approach from consortium led by Sampo, RMI
Hastings confirmed on Wednesday that it has been approached by a consortium led by Finnish insurer Sampo and its biggest shareholder, Rand Merchant Investment Holdings, about a possible cash offer.
Ebay to sell online classifieds business to Adevinta for $9.2bn
Ebay has agreed to sell its online classifieds business to Norway’s Adevinta for $9. 2bn.
Chevron to buy Noble Energy in $5bn deal
Chevron has agreed to buy Noble Energy in an all-share deal valued at $5bn, or $10. 38 per share.
Uber accelerates move into public transit with Routematch acquisition
Ride-hailing giant Uber snatched up software developer Routematch for an undisclosed sum as it branches out into the software-as-a-service space.
Deltic Energy rejects £12m takeover offer
Oil and gas explorer Deltic Energy has rejected a £12m takeover approach from Reabold Resources, it confirmed on Thursday.
IP Group raises £52.4m from Ceres Power stake sale
IP Group has raised £52. 4m by selling shares in Ceres Power, leaving it with a small stake in the clean energy company it invested in eight years ago.
Google negotiates $4bn investment in Jio Platforms
Alphabet is in talks to invest $4bn in Jio Platforms, the digital arm of Indian Reliance Industries, Bloomberg reported on Tuesday.
Fisker to debut on Wall Street in $2.9bn deal
Electric car maker Fisker is to list on the New York Stock Exchange through a $2. 9bn deal with Spartan Energy Aquisition, it was announced on Monday.
Analog Devices to buy Maxim Integrated Products for $20.9bn
US semiconductor company Analog Devices has agreed to buy Maxim Integrated Products for $20. 9bn in an all-share deal.
Alfa Laval to buy valve maker Neles for €1.73bn
Sweden’s Alfa Laval has agreed to buy Finnish valve maker Neles for €1. 73bn in cash.
Arsenal Capital makes £179m offer for Cello Health
Cello Health said on Wednesday it had agreed to a takeover from private venture company Arsenal Capital Partners, valuing the company at £179m.
Croda to buy US-based Avanti for up to $260m
Chemicals company Croda International has agreed to buy Avanti, a company specialising in the development and production of high-purity polar lipids used in next-generation drug delivery technology and vaccines, for as much as $260m.
Uber to buy Postmates for $2.65bn
Uber Technologies confirmed on Monday that it has agreed to buy food delivery start-up Postmates for around $2. 65bn in all-share deal.
Viaro buys RockRose for £248m in cash
Viaro Energy has agreed to buy RockRose Energy for almost £248m in cash.
Cineworld to make counter-claim as Cineplex seeks damages
Cineworld said on Monday that it plans to counter-claim against Cineplex after the Canadian cinema chain announced that it was filing a lawsuit against it for backing out of a $2. 1bn deal.
Schroders to buy majority stake in real estate investment manager Pamfleet
Schroders has agreed to buy a majority stake in Asian real estate investment manager Pamfleet.