M&A
G4S rejects Gardaworld's latest attempt to woo shareholders
G4S again rejected GardaWorld's takeover offer, berating claims made on Tuesday by the Canadian firm about the security company’s pension fund as misleading.
Premier Oil to merge with Chrysaor in reverse takeover deal
Exploration and production group Premier Oil will merge with private equity-backed firm Chrysaor as part of a nearly $3. 0bn reverse takeover deal.
Xpediator acquires Nidd Transport in £4.6m deal
Freight management service Xpediator acquired international groupage freight forwarder and operator Nidd Transport on Tuesday.
Indus Towers and Bharti Infratel merger set to go ahead
The merger between Indus Towers which is 42%-owned by Vodafone and Bharti Infratel is now set to proceed after the telecommunication company's lenders granted their consent for a 'security package' for the new company.
Bristol-Myers Squibb to acquire MyoKardia in $13.1bn deal
US pharmaceutical giant Bristol-Myers Squibb has agreed to acquire drugmaker MyoKardia for $13. 1bn as part of an effort to expand its portfolio of cardiovascular drugs.
Weir Group sells oil & gas unit to Caterpillar for £314m
Weir Group has sold its oil & gas division to Caterpillar $405m (£314m) in cash as the engineering firm moves to focus on the mining sector.
Vinci bids €5.2bn for ACS industrial unit
France's engineering and infrastructure operator Vinci made a non-binding €5. 2bn offer to Spanish infrastructure group ACS for its industrial unit.
Walmart sells Asda for $8.8bn
The Issa brothers (founders and co-CEOs of EG Group), together with TDR Capital are set to acquire Asda from Walmart in a $8. 8bn deal, revealed Asda in a press release on Friday.
Activist Trian buys stakes in Invesco and Janus Henderson
Activist investor Trian Fund Management has spent about $900m (£695m) to buy large stakes in Invesco and Janus Henderson to push for mergers in the asset management industry, according to a report.