M&A
Codemasters in discussions with Take-Two regarding possible offer
Video games developer Codemasters confirmed on Friday that it was in discussions with Take-Two Interactive regarding a possible offer for the company.
Wellcome Trust to buy Urban&Civic for £506m
Wellcome Trust has agreed to buy Urban&Civic for £506m in cash to add town development to its investment portfolio.
RSA in talks on £7.2bn takeover
RSA Insurance is in talks to sell itself for £7. 2bn to a consortium comprising Canada's Intact Financial Corp and Tryg A/S of Denmark.
Sportech rejects £54m approach from US hedge fund
Sportech has rejected a £54m takeover approach from US hedge fund Standard General because the potential offer undervalued the company.
Premier Foods sells Hovis to PE firm Endless
Premier Foods has sold its 49% stake in bread maker Hovis to UK private equity firm Endless, with proceeds of £37m to be used to strengthen the balance sheet.
TalkTalk extends deadline for Toscafund to make an offer
TalkTalk said on Thursday that it has extended the deadline for shareholder Toscafund Asset Management to make a firm offer, to allow for commercial discussions and due diligence to take place.
Premier Foods confirms talks to sell Hovis
Premier Foods confirmed on Wednesday that it is in talks over the sale of its 49% stake in bread maker Hovis.
Medica buys Irish teleradiology business
Medica has agreed to buy Global Diagnostics Ireland (GDI) for an initial payment of €16m (£14. 5m) to expand into the Irish teleradiology market.
Telit Communications rejects Lantronix offer but still in talks
Telit Communications said on Tuesday that it had received a preliminary takeover approach from asset manager DBAY Advisors and a preliminary approach from California-based Lantronix.
G4S rejects takeover offer from Allied Universal
Security services firm G4S confirmed on Tuesday that it had rejected a takeover offer from US rival Allied Universal.
BAT buys Dryft Sciences' nicotine pouch business
British American Tobacco has bought the nicotine pouch business of US-based Dryft Sciences for an undisclosed sum.
Ocado ups guidance by half as shoppers go online
Ocado increased its guidance for annual earnings by 50% as consumers switched to internet shopping during the Covid-19 crisis.