M&A
Entain tanks as MGM Resorts walks away
Entain shares tumbled on Tuesday after MGM Resorts International said it won’t go ahead with an offer for the Ladbrokes owner, after its initial approach was rejected.
Lumentum to buy laser maker Coherent in $5.7bn deal
Lumentum said on Tuesday that it has agreed to buy California-based laser maker Coherent in a cash and share deal valued at $5. 7bn, sending shares in the latter surging in pre-market trade.
Moonpig confirms plans for IPO
Online greetings card firm Moonpig on Tuesday confirmed it was proceeding with its stock market float, valuing the group at up to £1. 2bn.
Carlyle, KKR and CVC among bidders for Rolls-Royce's ITP Aero - report
Private equity firms Carlyle, CVC and KKR are reportedly among the bidders for engine maker Rolls-Royce’s Spanish business, ITP Aero.
Enlabs shareholders to reject Entain bid, says Alta Fox
Alta Fox Capital Management said on Monday that it and other shareholders of Sweden’s Enlabs AB - representing more than 10% of outstanding shares - will reject Ladbrokes owner Entain’s bid for the company.
AkzoNobel proposes €31.25 a share for Finnish paint maker Tikkurila
Dulux owner AkzoNobel said on Monday that it has proposed to buy Finnish paint maker Tikkurila for €31. 25 a share, valuing the business at €1. 4bn and trumping an offer from US paint company PPG Industries.
Equiniti in talks to sell EQi's D2C customer book
Services and payments company Equiniti confirmed on Monday that it is in discussions to divest a key part of Equiniti Financial Services Limited, namely EQi's direct-to-consumer customer book, predominantly the Selftrade business.
One Media buys Take That producer royalties
One Media iP has bought the producer royalties for 'A Million Love Songs' and other tracks from Take That's debut LP.
Couche-Tard ends talks on Carrefour bid after French govt opposition
Canadian convenience store chain Alimentation Couche-Tard pulled out of €16. 2bn takeover talks with Carrefour after the French government said it was against the deal on food security grounds.
Cisco to buy Acacia Communications for $4.5bn
Cisco has agreed to buy Acacia Communications for around $4. 5bn, sending shares in the latter surging on Thursday, after an initial deal between the two was terminated earlier this month.
New Fortress buys Hygo and Golar in $5bn spree
New Fortress Energy has agreed to buy Hygo Energy Transition and Golar LNG to expand in South America and gain liquefied natural gas shipping in deals with a combined value of $5bn (£3. 7bn).
LSE takeover of Refinitiv approved by Brussels
The European commission has approved the London Stock Exchange's $27bn (£24bn) takeover of Refinitiv, clearing the way for a new data-to-clearing financial combination.
Qualcomm to buy chip start-up Nuvia for $1.4bn
Qualcomm has agreed to buy chip start-up Nuvia for around $1. 4bn.
Carrefour shares soar on merger talks with Canada's Couche-Tard
Shares in French grocery giant Carrefour soared on Wednesday after news that Canada’s Alimentation Couche-Tard had made a friendly approach on a potential merger.
Telefonica to sell Telxius Telecom to American Tower for €7.7bn
Telefonica shares surged on Wednesday after the Spanish telecommunications company agreed to sell its telecommunications towers in Europe and Latin America to American Tower for €7. 7bn in cash.
Purepay buys Bonmarche out of administration
Value retailer Bonmarche has been bought out of administration, securing more than 500 jobs.
Bestway family considers £700m bid for IDH takeover
The conglomerate Bestway, owned by the Choudrey family, is considering a surprise £700m takeover of one of Britain’s largest dentistry chains IDH.
M&S snaps up Jaeger out of administration
High street retailer Marks & Spencer is buying the Jaeger fashion brand out of administration.
40 North sweetens bid for WR Grace to $65 a share
US investment management company 40 North Management said on Monday that it has upped its offer for speciality chemical group WR Grace & Co to $65 per share in cash.
Transact owner IntegraFin Holdings buys software provider
Transact owner IntegraFin Holdings has announced the purchase of Time for Advice Limited, a specialist software provider for financial planning and wealth management firms, for an undisclosed sum.