M&A
Selfridges sold to Thai, Austrian consortium in £4bn deal
UK luxury department store Selfridges has been sold to a Thai retailer and Austrian property company for around £4bn.
Quidel to buy Ortho in $6bn deal
Healthcare diagnostics manufacturer Quidel has agreed to buy Ortho Clinical Diagnostics, one of the world’s largest in vitro diagnostics companies, in a $6bn deal.
Wizz Air buys Norwegian's Gatwick slots
Budget airline Wizz Air on Wednesday said it had bought Norwegian Air’s slots at Britain’s Gatwick airport for an undisclosed sum.
Maersk to buy LF Logistics in $3.6bn deal
Shipping giant Maersk has agreed to buy Hong Kong-listed LF Logistics for $3. 6bn in cash.
Land Securities buys 25% stake in Bluewater for £172m
Land Securities said it had bought an additional 25% share in the Bluewater shopping centre from Lendlease Retail Partnership for £172m.
Grafton buys Ireland's Sitetech for undisclosed sum
Building materials distributor and retailer Grafton Group said it had bought Ireland’s Sitetech Building Products for an undisclosed sum.
BHP says it won't match Wyloo's offer for Noront
BHP said on Tuesday that it would not be increasing its offer for Canadian miner Noront Resources after it agreed to be bought by Australia’s Wyloo Metals but also gave BHP five days to match the offer.
City watchdog urged to rule on Asian Playtech investors - report
The Australian gaming company which has struck a £2. 1bn deal to buy Playtech has reportedly called on the City's takeover watchdog to seek clarity over the intentions of a group of Asian investors who have amassed a large stake in the London-listed firm.
Hiscox appoints Paul Cooper as CFO
International specialist insurer Hiscox said it had appointed Paul Cooper as group chief financial officer.
Sage to buy Brightpearl in £225m deal
Software firm Sage Group has agreed to buy multichannel retail management system Brightpearl for $299 (225m).
NatWest and Permanent TSB agree Ulster Bank deal
NatWest Group is to sell a swathe of loans and assets to Permanent TSB Group as part of its withdrawal from Ireland, the blue chip said on Friday.
Daily Mail goes private after family secures backing
Jonathan Harmsworth has succeeded in taking Daily Mail and General Trust private after securing enough shareholder support over the opposition of some prominent investors.
IAG, Globalia abandon Air Europa deal
IAG said on Thursday that it has agreed with Spain's Globalia to terminated an agreement to buy rival Air Europa - a decision that will cost the British Airways and Iberia owner €75m.
Ascential sells MediaLink in $125m deal
Ascential has sold its MediaLink division in a $125m cash deal, the FTSE 250 firm announced on Thursday.
Entegris to buy CMC Materials in $6.5bn deal
Entegris has agreed to buy CMC Materials - a supplier of advanced materials for the semiconductor industry - in a $6. 5bn cash and stock deal.
IAG in talks with Globalia over cancellation of Air Europa deal
British Airways and Iberia owner IAG said on Wednesday that it was in advanced talks to cancel the acquisition of Air Europa from Spain’s Globalia.
Softbank-owned Fortress buys Punch Pubs
US private equity firm Fortress Investment Group has bought Punch Pubs from Patron Capital Partners for an undisclosed sum.
National Express buys Stagecoach for £468m
National Express has agreed to buy Stagecoach in a deal the combines two of Britain's biggest public transport operators in the wake of the pandemic.
PureGym raises £300m from KKR for expansion
Pure Gym has raised £300m to fund its expansion by selling a stake to KKR, the US private equity firm.
Stagecoach sells intercity services as merger deadline looms
Stagecoach has agreed to sell Megabus and two other intercity coach services for £8. 75m to head off potential competition barriers to its proposed merger with National Express.