M&A
Aviva sells Italian life joint venture stake for €400m
Aviva has agreed to sell its 80% stake in its Italian life insurance joint venture to its partner UBI Banca for €400m (£356m) in cash as the insurer continues to reduce its international operations.
Telit considers u-blox takeover approach
Telit Communications said it had received an all-share bid approach from Swiss rival u-blox valuing and was considering the proposal.
William Hill shareholders approve Caesars takeover
William Hill shareholders have voted resoundingly in favour of the company's £2. 9bn takeover by Caesars Entertainment.
CMA to probe Virgin-O2 merger
The Competition and Markets Authority will carry out a full investigation of the merger between Virgin Media and O2 after the European commission referred the deal to the UK.
Frasers Group ups stake in Mulberry to 37%, mulls bid
Mike Ashley’s Frasers Group has upped its holding in luxury brand Mulberry to 37% and is considering a possible takeover, it confirmed on Thursday.
RSA agrees £7.2bn takeover by Intact and Tryg
RSA Insurance has agreed to be bought for £7. 2bn by a consortium comprising Intact Corp of Canada and Denmarks' Tryg A/S.
Sainsbury's confirms 'very preliminary' expressions of interest in banking arm
Sainsbury’s said on Tuesday that it has received "some very preliminary expressions of interest" in its banking unit.
Co-Op Bank receives preliminary takeover approach
The Co-Operative Bank has received a possible takeover approach, the hedge fund-owned lender revealed on Tuesday.
Ferguson buys two US businesses
Plumbing and heating products distributor Ferguson has bought US-based heating, ventilation and air conditioning wholesale distributor Old Dominion and geotextile company Atlantic Construction Fabrics (ACF) for an undisclosed sum.
CMA clears Mitie's acquisition of Interserve Facilities Management
Mitie shares rallied on Tuesday after the Competition and Markets Authority approved its acquisition of Interserve’s cleaning and maintenance business.
Brussels set to pass review of merger between Liberty Global and Telefonica to CMA
Brussels will cede authority to the Competitions and Markets Authority to decide whether or not to approve the merger of Liberty Global and Telefonica's business units in the UK.
Home Depot to buy HD Supply in $8bn deal
US home improvement retailer Home Depot has agreed to buy HD Supply Holdings, a distributor of maintenance, repair and operations (MRO) products to the multifamily and hospitality end markets, in a $8bn deal.
G4S sets out US cash ambitions amid bid battle
G4S predicted its retail cash solutions (RCS) business would increase revenue by 25% a year to hit $600m (£454m) by 2025 as it sought to beat off a hostile bid from Canada's GardaWorld.
Gold producers Endeavour and Teranga strike $1.9bn deal
West Africa-focused gold producers Endeavour Mining and Teranga Gold are to join forces in a $1. 86bn deal ahead of debuting on the London market next year.
PNC Financial Services to buy BBVA's US operations for $11.6bn
PNC Financial Services has agreed to buy the US operations of Spain’s Banco Bilbao Vizcaya Argentaria for $11. 6bn in cash.
Pennon mulling bid for Southern Water - Times
Pennon is said to be mulling a potential bid for embattled rival Southern Water.
Government seeks legislation to prevent foreign takeovers of UK assets
The UK government is considering new legislation that would halt ‘back door’ acquisitions of UK firms by overseas buyers even years after the deal was concluded.
Homebase put up for sale
DIY chain Homebase has been put up for sale by its owner Hilco, just two years after the turnaround specialist acquired it for £1.
Countrywide surges after Connells makes 250p a share approach
Countrywide shares surged on Monday after it said real estate management company Connells had made an early stage approach to buy the real estate agent for 250p a share in cash.
Urban Logistics acquires five logistics assets for £33.1m
Real estate investment trust Urban Logistics acquired five high-quality logistics assets on Monday for a grand total of £33. 1m.