M&A
DCC spends £60m on US, Dutch acquisitions
Energy and services group DCC said it had expanded its liquefied petroleum gas interests with two acquisitions worth £60m.
LSE in exclusive talks with Euronext over Borsa Italiana sale
London Stocks Exchange confirmed on Friday that it has entered into exclusive discussions with Euronext over the sale of Borsa Italiana, as it looks to get regulatory approval for its acquisition of data provider Refinitiv.
Covestro says it is not in takeover talks with Apollo
Covestro, a German plastics maker, has said it is not in talks to be bought by US private equity firm Apollo Global Management.
Caixabank agrees to buy Bankia for €4.3bn
CaixaBank has agreed to buy its rival Bankia for about €4. 3bn (£3. 9bn) to forge Spain's biggest domestic lender in a deal prompted partly by the Covid-19 crisis.
Essentra raises £100m to fund acquisition of US packaging group
Essentra has raised £100m in a placing and subscription to help fund the acquisition of US packaging business 3C!.
Martin Franklin-backed blank cheque company to launch on London market - report
A group of investors are poised to float a special purpose acquisition company on the London Stock Exchange, with the intention of raising $750m.
IGas acquires GT Energy
Exploration and production group IGas has acquired British deep geothermal heat projects developer GT Energy.
GardaWorld offer does not reflect growth prospects, says G4S
Security services firm G4S reiterated on Tuesday that Canadian rival GardaWorld’s 190p a share hostile bid for the company was "highly opportunistic", particularly given that it comes at "a critical inflexion point" in the execution of its corporate strategy.
Fiat, Peugeot shares rise as merger terms adjusted
Fiat Chrysler shares were sharply higher on Tuesday after the terms of its planned €50bn merger with Peugeot were revised by the two car makers.
Next takes majority stake in L Brands's Victoria's Secret unit in UK and Ireland
Next has acquired a majority stake in the UK and Irish arm of L Brands's Victoria's Secret unit for an undisclosed sum as part of a joint-venture agreement.
UBS and Credit Suisse exploring possible merger - report
Swiss lenders UBS and Credit Suisse are allegedly exploring a possible tie-up, in a move that would create one Europe’s biggest banks, it was reported on Monday.
ByteDance rejects Microsoft offer for TikTok, partners with Oracle instead
Chinese tech company ByteDance has decided to reject Microsoft's bid to buy video app TikTok and partner with Oracle instead.
G4S rejects £3bn bid from Canada's GardaWorld
Security services firm G4S confirmed on Monday that it had rejected a hostile 190p a share bid from privately-owned Canadian rival GardaWorld, saying it "significantly" undervalues the business and dismissing it as "highly opportunistic".
Softbank sells chip designer Arm to Nvidia for $40bn
Japan’s SoftBank said it had agreed to sell Arm Holdings to Nvidia for $40bn, just four years after buying the chipmaker.
Verizon to buy value mobile provider Tracfone from America Movil
Verizon has agreed to buy US pre-paid and value mobile provider Tracfone from America Movil in a cash and share deal valued at more than $6bn.
Euronext offers to buy Borsa Italiana from LSE
Euronext confirmed on Monday that it has made a non-binding offer to buy Borsa Italiana from London Stock Exchange.
Gilead Sciences to buy Immunomedics in $21bn deal
Gilead Sciences has agreed to buy biotech company Immunomedics in a $21bn deal.
Vodafone in talks to complete Egypt sale
Vodafone said it was in talks to complete the sale of its stake in Vodafone Egypt soon despite the deal agreement elapsing.
CLS buys three office buildings from Aviva for £59.7m
CLS Holdings has agreed to buy three office properties in Greater London and South East England for £59. 7m from Aviva Investors.
Euronext in talks with CDP about bid for LSE's Borsa Italiana
Euronext confirmed on Friday that it is in talks with Italian state lender Cassa Depositi e Prestiti (CDP) about submitting an offer to London Stock Exchange to buy Borsa Italiana.