M&A
Amazon in talks to buy MGM for $9bn - reports
Amazon is understood to be in talks to acquire MGM for $9bn, as the online giant looks to further bolster its growing presence in content and streaming.
Indonesian start-ups Gojek and Tokopedia agree $18bn merger
Indonesian start-ups Gojek and Tokopedia have agreed to a merger worth $18bn that will create the biggest privately held technology start-up in south-east Asia.
Tui sells Spanish JV stake to cut real estate exposure
Tui has agreed to sell its 49% stake in Spain's Riu hotels to its joint venture partner Riu-Group for an initial payment of €540m (£464m) in cash to reduce debt and exposure to real estate.
Tempur Sealy to buy Dreams in $475m deal
US mattress and bedding manufacturer Tempur Sealy has agreed to buy UK bed retailer Dreams from Sun European Partners for around $475m.
Acivist Elliott backs away from GSK confrontation - report
Activist investor Elliott Management will not call for GlaxoSmithKline to sell its vaccines and pharmaceuticals business after taking a big stake in the FTSE 100 drugs company, The Times reported.
HSBC quits US retail banking after four decades
HSBC has agreed to sell its US retail banking operations, calling time on an attempt to compete for mass market dollars that stretches back more than four decades.
Siris Capital to buy Equiniti in £673m deal
Services and payments specialist Equiniti has agreed to be bought by private equity firm Siris Capital in a £673m deal.
Frasers Group not planning bid for Hugo Boss
Mike Ashley’s Frasers Group said on Wednesday that it does not plan to make a bid for Frankfurt-listed Hugo Boss.
Amazon acquires MGM for $8.45bn, ramps up competition in streaming war
Amazon announced on Wednesday it would be purchasing MGM studios for $8. 45bn to access its library of films and TV shows in a move to ramp up competition with streaming rivals.
Vectura to be taken over by Carlyle in £958m deal
Pharmaceutical company Vectura said on Wednesday that it has agreed to be taken over by US private equity firm The Carlyle Group in a £958m deal, sending the shares sharply higher.
Australia's Ramsay Health Care to buy Spire for just under £1bn
Australia’s Ramsay Health Care said on Wednesday that it has agreed to buy London-listed Spire Healthcare for just under £1bn.
Mattioli Woods raises £110m to help fund two deals
Mattioli Woods is raising £110m to help pay for two acquisitions totalling as much as £143. 5m as the company continues its expansion.
Vonovia agrees €18bn takeover of Deutsche Wohnen
German residential property company Vonovia has agreed to take over rival Deutsche Wohnen in a €18bn deal.
Cabot Oil & Cimarex Energy to merge in $17bn deal
Cabot Oil & Gas and Cimarex Energy have agreed to merge to create a $17bn company.
Euromoney buys data provider RelSci for $7.4m
Euromoney Institutional Investor said on Monday that it has bought Relationship Science (RelSci), a relationship-mapping data provider serving financial, professional services and not-for-profit organisations, for $7. 4m (£5. 2m).
FirstGroup once again urges shareholders to back $4.6bn US deal
FirstGroup has once again urged its shareholders to back the sale of two business, First Student and First Transit to EQT Infrastructure, after its largest shareholder Coast Capital said it would vote against the deal.
LondonMetric buys two warehouses for £13.5m to become dark kitchens
LondonMetric said it had bought two London warehouses for £13. 5m which will be converted into “dark kitchens” serving the food delivery market.
Biffa buys Viridor collection business, some recycling assets for £126m
Waste management group Biffa has struck a deal to buy the collections business and some recycling assets from Viridor Waste for £126m.
Blackstone to buy St Modwen in £1.2bn deal
St Modwen Properties said on Thursday that it has agreed to be bought by US private equity firm Blackstone in a deal that values the company at approximately £1. 2bn.
BP, ENI in talks to merge Angola oil & gas interests
BP and Eni on Wednesday said they had start talks on a potential merger of their oil and gas operations in Angola.