M&A
Mitie to sell document management business for £40m
Mitie has agreed to sell its document management business to outsourcer Swiss Post Solutions (SPS) for £40m.
WPP buys AI company Satalia for undisclosed sum
WPP said had it bought Satalia, a technology company offering artificial intelligence solutions for clients, for an undisclosed sum.
CMA refers Nvidia's Arm takeover for in-depth investigation
The UK’s Competition and Markets Authority said on Friday that an in-depth investigation of Nvidia’s proposed takeover of chip maker Arm is warranted as it could lessen competition.
Fortress 'considering options' on Morrisons after CD&R lifts bid
The consortium led by Fortress Investment Group said it was "considering its options" over Morrisons after its takeover offer was trumped by rival private equity group Clayton, Dubilier & Rice (CD&R).
Equity consortium led by Nordic Capital to buy Inovalon in $7.3bn deal
US healthcare software maker Inovalon has agreed to be bought by an equity consortium led by Nordic Capital, and joined by Insight Partners, for around $7. 3bn.
Philip Morris snaps up more Vectura shares ahead of deal deadline
US tobacco giant Philip Morris has bought up more shares of London-listed inhaler maker Vectura.
CMA confirms it will investigate Cobham takeover of Ultra Electronics
The Competition and Markets Authority confirmed on Thursday that it will investigate the proposed takeover of defence company Ultra Electronics by Cobham.
Goldman Sachs to buy asset management arm of NN Group for €1.7bn
Goldman Sachs has agreed to buy Dutch insurer NN Group’s asset management business, NN Investment Partners, for €1. 7bn in cash.
UK govt orders probe into £2.6bn Ultra Electronics takeover
UK Business Secretary Kwasi Kwarteng on Thursday ordered an inquiry into the proposed takeover of Ultra Electronics by Cobham Group.
Playtech shareholders vote against Finalto sale to Barinboim
Gambling software developer Playtech said on Wednesday that it shareholders have voted against the sale of its financial trading division, Finalto, to a consortium led by Israel’s Barinboim Group.
Redrow shares jump amid rumours of a possible takeover
Homebuilder Redrow's shares surged on the back of 'market chatter' regarding a possible takeover.
Philip Morris buys 22.6% stake in Vectura as experts warn against deal
US tobacco giant Philip Morris International bought a 22. 6% stake in London-listed inhaler-maker Vectura, as health experts warned investors not to approve a takeover.
M&G to buy Sandringham Financial Partners
M&G said on Wednesday that it has agreed to but Sandringham Financial Partners, a provider of independent financial advice, for an undisclosed sum.
KKR to sell real estate portfolio to Oxford Properties for $2.2bn
US private equity firm KKR has agreed to sell a 14. 5m square foot infill and light industrial portfolio to Canadian real estate investor Oxford Properties for around $2. 2bn.
BHP in talks to sell Petroleum business to Woodside
BHP confirmed on Monday that it has initiated a strategic review of its petroleum business and is in talks about a potential merger of the unit with Australia's Woodside Petroleum.
TP Group slumps after rejecting Science Group approach
TP Group shares slumped on Monday after shareholder Science Group said it had rejected an indicative offer made at a "significant premium" to the share price at the time and called for a management shake-up.
Faurecia to buy Hella in €6.8bn deal, shares surge
Faurecia shares surged on Monday after the French car parts supplier agreed to buy a controlling stake in German rival Hella and bid for the remaining shares in a deal that values the group at €6. 8bn.
Cobham to buy Ultra Electronics for £2.57bn
Defence group Cobham on Monday said its £2. 57bn offer for UK-based rival Ultra Electronics had been agreed.
Future to buy consumer media group Dennis for £300m
Future on Monday said it had bought consumer media company Dennis for around £300m in cash from Exponent Private Equity.
Philip Morris wins takeover battle for inhaler maker Vectura
US tobacco giant Philip Morris has won the battle for London-listed inhaler maker Vectura.