M&A

TravelPerk buys UK-based Click Travel
Business trip booking platform TravelPerk purchased UK-based Click Travel, the latest move in a buying spree from the Barcelona-based startup.

Toscafund to reject £1.4bn Spire takeover bid - report
One of Spire Healthcare’s largest investors is to reject a sweetened £1. 4bn takeover offer, it was reported on Tuesday.

AstraZeneca's Alexion acquisition cleared by European Commission
AstraZeneca said on Tuesday that its $39bn proposed acquisition of US drug developer Alexion has been cleared by the European Commission.

Ramsay Health Care sweetens bid for Spire Healthcare
Australia’s Ramsay Health Care has sweetened its offer for London-listed Spire Healthcare to 250p a share from 240p.

Morrisons shares surge as Apollo mulls bid to challenge Fortress
Shares in UK supermarket chain Morrisons surged 11% on Monday on the prospect of a bidding war as US buyout firm Apollo Global Management said it was considering entering the race after rival Fortress tabled a £6. 3bn recommended bid on the weekend.

Biffa acquisition of Viridor assets to complete by end of August
Waste management company Biffa said its acquisition of Viridor’s collections business and some of its recycling assets should complete at the end of August after the Competition and Markets Authority said it had no further questions about the deal.

Leading MP questions potential UK supermarket buyouts
The chairman of Parliament's business committee has written to the UK's competition regulator raising concerns about private equity interest in British supermarkets after the purchase of Asda and a bid for Morrisons by buyout firms.

MKS Instruments to buy Atotech in $6.5bn deal
MKS Instruments has agreed to buy specialty chemicals company Atotech in a $6. 5bn deal.