M&A
Shell preparing to sell North Sea gas fields - report
Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the ageing basin.
Intel to buy Israel’s Tower Semiconductor in $5.4bn deal
Intel has agreed to buy Israeli chip company Tower Semiconductor in a $5. 4bn deal.
John Menzies dismisses £469m bid approach again
John Menzies has reiterated its rejection of a proposed £469m takeover offer after consulting its shareholders.
Audioboom surges as Amazon, Spotify said to be mulling bids
Audioboom shares surged on Monday following a report that Amazon and Spotify are considering rival takeover approaches for the AIM-listed podcasting company.
LXi in nine-property deal worth £87m
Real estate trust LXi said it had bought nine properties for £87m, funded by its recent £250m capital raise.
Vodafone rejects €11bn bid for Italian unit
Vodafone has rejected a takeover offer for its Italian business from French telecoms group Iliad, arguing it is not in the best interests of shareholders.
Informa to sell pharma intelligence business for £1.9bn
Events organiser Informa said on Thursday that it has agreed to sell its pharma intelligence business to US investment firm Warburg Pincus for £1. 9bn, as it announced a share buyback.
John Menzies rejects £469m takeover bid
Airport services company John Menzies said on Wednesday that it had rejected a £469m takeover bid from National Aviation Services, a subsidiary of Kuwait’s Agility Public Warehousing.
Riverstone Energy adds £46m to buyback after Pipestone sale
Riverstone Energy said it would buy back an extra £46m of shares after completing the C$53m (£31m) sale of its stake in Canada's Pipestone Energy.
Nvidia's $66bn Arm purchase collapses
Nvidia has scrapped its $66bn (£49bn) purchase of Arm from SoftBank after regulators raised objections to the deal's potential impact on competition in the semiconductor sector.
France's Iliad 'made offer' for Vodafone Italy unit - report
France's Iliad made an offer for Vodafone’s Italian unit last week, according to a report on Monday that cited people with knowledge of the matter.
Ladbrokes owner Entain buys Avid Gaming for CAD300m
Ladbrokes owner Entain said on Monday that it has bought Canada’s Avid Gaming for CAD300m (£174m) from Middlebrook Investments Limited.
Spirit Airlines, Frontier Group to merge in $6.6bn deal
Low-cost US airlines Spirit Airlines and Frontier Group have agreed to merge in a $6. 6bn cash and share deal.
Newsquest in 'exclusive talks' to buy Archant - report
Newsquest is understood it be in exclusive takeover talks with regional newspaper giant Archant, it was reported on Monday.
Royal London, LV in talks on possible bid as chairman departs
Insurer Royal London on Monday confirmed it was in talks with mutual LV on a potential takeover after the latter's members rejected a bid from US private equity outfit Bain last year.
Paper shortage hits Abrdn's £1.5bn Interactive Investor takeover
Abrdn’s £1. 5bn takeover of Interactive Investor has been delayed because of a paper shortage, it was reported on Monday.
Peloton surges as Nike, Amazon said to be circling
Peloton shares surged in pre-market trade on Monday following reports that Nike and Amazon were circling the stationary bike maker.
Waterstones in talks to buy Blackwell's - report
Waterstones has reportedly entered talks to buy family-owned academic bookseller Blackwell's.
Meta fined £1.5m over fresh Giphy compliance breach
Facebook owner Meta has been fined £1. 5m by UK regulators over more breaches relating to its takeover of animated images platform Giphy.
Playtech saga takes new twist with new potential offer from TT Bond
The Playtech takeover saga continued on Thursday as a fresh potential bid for the gambling software maker emerged, hours after a £2. 7bn offer from Australia’s Aristocrat Leisure collapsed.