M&A
John Laing agrees to £2bn takeover by KKR
British infrastructure group John Laing has agreed to a £2bn takeover by US buyout firm KKR.
FirstGroup faces shareholder battle over $4.6bn US deal
FirstGroup has urged investors to back the sale of two US businesses after its largest shareholder said it would vote against the deal.
Bunzl buys New Zealand's Obex Medical
Distribution and services group Bunzl said it was buying New Zealand’s Obex Medical for an undisclosed sum.
Phoenix in talks over possible sale of European businesses
Phoenix Group confirmed on Monday that it is in advanced talks about a potential sale of its European businesses.
WarnerMedia to merge with Discovery in multi-billion dollar deal
US telecoms group AT&T is to spin out WarnerMedia and merge it with Discovery, in a multi-billion dollar deal that will create a new streaming giant.
Clarivate to buy ProQuest for $5.3bn
Clarivate has agreed to by data and analytics provider ProQuest for $5. 3bn in cash and shares.
General Mills to buy Tyson Foods’ pet treats business for $1.2bn
General Mills said on Friday that it has agreed to buy Tyson Foods’ pet treats business for $1. 2bn in cash.
Apax Global Alpha invests €10.3m in US pet food business
Apax Globa Alpha (AGA) is investing €10. 3m (£8. 9m) in Nulo, a US luxury pet food company, through its stake in a private equity fund.
Sanne rejects £1.3bn approach from Cinven
Private equity firm Cinven said its approach to fund administration services provider Sanne about a possible takeover at 830p a share had been rejected.
M&G rallies as Schroders said to have mulled buyout
M&G shares rallied on Thursday following a report that Schroders spent months earlier this year looking at a potential buyout of the investment manager.
Intertek to acquire SAI Global Assurance, pushes into Canada, China and US
Testing specialist Intertek acquired Australia's SAI Global Assurance for AUD$855m in cash and on a debt free basis, "significantly" increasing its presence in Australia, Canada, China, the UK and US.
Hipgnosis buys catalogue from producer Andy Wallace
Music rights fund Hipgnosis said it had bought a catalogue from Grammy Award-winning producer, mixer and engineer, Andy Wallace for an undisclosed sum.
UDG Healthcare to be taken over by US PE firm in £2.6bn deal
UDG Healthcare said on Wednesday that it has agreed to be bought by private equity firm Clayton, Dubilier & Rice in a £2. 6bn deal, as it reported a "strong" first half.
Future buys Marie Claire US for undisclosed sum
Media platform Future said it had bought Marie Claire US, a joint venture between Marie Claire Album SAS and Hearst Magazines Media, for an undisclosed sum.
Denmark's Hempel to acquire Farrow & Ball
High-end paint and wallpaper specialist Farrow & Ball is being sold to Danish coatings manufacturer Hempel Group, it was confirmed on Tuesday.
AstraZeneca shareholders approve Alexion acquisition
AstraZeneca’s acquisition of Alexion Pharmaceuticals is set to close in the third quarter after shareholders voted in favour of the deal.
Prince International to buy Ferro Corp in $2.1bn deal
Shares of Ferro Corporation surged in pre-market trade on Tuesday after the paint maker agreed to be bought by Prince International in an all-cash deal valued at around $2. 1bn.
Shares in THG surge as it strikes $2.3bn deal with Softbank
Shares in THG surged on Tuesday after the owner of The Hut Group struck a multi-billion deal with Japan’s Softbank, and announced a $1bn fundraising.
Trulieve Cannabis and Harvest agree $2.1bn takeover
Trulieve Cannabis is to snap up Harvest Health & Recreation in a $2. 1bn deal, one of the fledgling industry’s largest-ever.
IntesaSanpaolo boss sees Italy bank mergers ahead
Italy's banking sector is set to see a wave of mergers, the head of the country's largest lender said.