M&A
G4S rejects new £2.97bn bid from Gardaworld
Security group G4S on Wednesday rejected £2. 97bn cash offer from rival GardaWorld as “opportunistic”, having rebuffed an earlier similar bid from the Canadian outfit.
William Hill backs £2.9bn Caesars bid
William Hill said it had agreed to be taken over by Caesars Entertainment in a £2. 9bn deal that would see the enlarged group cash in on the rapidly expanding US sports betting market.
Caesars confirms advanced talks on £2.9bn William Hill bid
William Hill and Caesars Entertainment on Monday confirmed they were in advanced talks on a £2. 9bn cash offer for the UK bookmaker.
Smith & Nephew to buy Integra LifeSciences' extremity orthopaedics business
Smith & Nephew has agreed to buy the extremity orthopaedics business of Integra LifeSciences for $240m.
Acacia Research buys 11.8% stake in Sensyne Health
US-based Acacia Research has acquired LF Equity Income Fund's 11. 8% stake in AIM-listed artificial intelligence specialist Sensyne Health.
AA extends takeover deadline, interim revenues stall
The AA has extended a deadline for takeover talks, the breakdown and insurance specialist confirmed on Tuesday, as it reiterated full-year guidance despite a slide in interim revenues and profits.
Two bidders offer one euro for HSBC France
HSBC may be left with no option but to sell its French operations at a hefty loss.
Jefferies says William Hill could be worth as much as 460p, or 80p
Analysts at Jefferies laid out their scenario analysis for William Hill, the most 'bullish' of which could see the shares gain more than half in value to 460. 0p.
Petrol station billionaires in running to buy Asda - report
Walmart has chosen buyout firm TDR Capital and the billionaire brothers who founded the EG petrol station business as joint preferred bidders to buy Asda, the Financial Times reported.
KKR buys 5.35% stake in Great Portland Estates
Shares of Great Portland Estates surged on Monday after private equity firm KKR bought a stake in the property company.
Apollo and Ceasars Entertainment table rival cash bids for William Hill
US private equity outfit Apollo Global Management and Caesars Entertainment have tabled rival cash takeover offers for bookmaker William Hill.
MasMovil says not in talks with Vodafone - report
Spain’s MasMovil said on Friday that it had not been approached by Vodafone following a report the London-listed telephone operator had begun talks with the three buyout funds that recently took it over.
Aviva said to be in talks to sell French ops to Allianz-Athora consortium
A consortium of Germany’s Allianz and life insurer Athora Holdings is reportedly in talks to buy the French operations of London-listed insurer Aviva.
Avon Rubber wins $93m US army helmet contract
Avon Rubber said it had won a new sole-source contract worth up to $93m (£73. 2m) to develop and supply the US army with new helmets.
AA in talks with TowerBrook and Warburg Pincus on joint bid
The AA said it was in talks with TowerBrook Capital and Warburg Pincus International about a joint offer for the company after two other potential private equity bidders pulled out of the running to buy the car breakdown service.
Hyundai in talks with EU over delayed Daewoo deal
Hyundai Heavy Industries Holdings are in talks with the European Union antitrust regulators over its bid for Daewoo, reported Reuters on Wednesday.
Platinum Equity not making offer for AA
Platinum Equity said on Wednesday that talks with the board of roadside assistance company and insurer AA have ended "by mutual agreement" and that it does not plan to make an offer for the business.
Gulf Marine accuses Seafox of seeking to seize control
Gulf Marine Services has reported Seafox International to the Takeover Panel after the offshore jackup company tried to oust GMS's non-executive directors and replace them with its own nominees.
Microsoft to buy Bethesda parent ZeniMax Media for $7.5bn
Microsoft said on Monday that it has agreed to buy ZeniMax Media, the parent of game developers Bethesda Softworks, for $7. 5bn in cash.
Illumina to take back control of Grail in $8bn deal
US healthcare firm Illumina is to take full control of blood test specialist Grail in a $8bn cash and stock deal, it was announced on Monday.