M&A
Apollo and Reliance mull joint bid for Boots
US buyout firm Apollo Global Management and Reliance Industries are planning a joint bid for UK retailer Boots.
Elon Musk to take over Twitter in $44bn deal
Twitter faces an uncertain future, chief executive Parag Agrawal has told employees, after the social media giant agreed to be acquired by US billionaire Elon Musk in a deal worth $44bn.
Twitter and Musk could strike a deal as early as coming week, WSJ says
Tesla boss Elon Musk appeared to be closer to winning over the board of Twitter with his announcement that he had lined up $46. 5bn or $54. 20 a share in financing to take over the influential social media outfit.
LondonMetric buys six London warehouses for £26.7m
LondonMetric Property on Monday said it had bought six London urban logistics warehouses in separate transactions for £26. 7m, reflecting an anticipated blended initial yield of 4. 3% and a reversionary yield of more than 4. 5%.
Homeserve shares surge on Brookfield bid talks
HomeServe shares surged on Friday after the repair services firm revealed it was in talks Canada's Brookfield Asset Management for a possible offer.
Musk secures funding for Twitter takeover plan
Tesla owner Elon Musk has secured $46. 5bn in funding commitments for his proposed $43bn takeover of social media company Twitter.
Ramsay Health gets $20bn takeover offer from KKR consortium
Australian private hospital group Ramsay Health Care said on Wednesday that it had received an unsolicited AUD20. 1bn takeover bid from a consortium led by private equity firm KKR.
Hikma gets preliminary approval from US FTC for Custopharm deal
Hikma Pharmaceuticals has received preliminary approval from the US Federal Trade Commission for the acquisition of sterile injectables company Custopharm Inc from Water Street Healthcare for up to $425m.
Ascential buys Germany's Sellics for undisclosed sum
Specialist information, analytics and ecommerce company Ascential said it had bought Germany-based Sellics, which provides media execution services to challenger brands trading on Amazon, for an undisclosed sum.
Elon Musk makes $43bn hostile takeover bid for Twitter
Tesla owner Elon Musk has made a $43bn hostile takeover bid for social media company Twitter.
Benetton, Blackstone table $20bn offer for Italy's Atlantia
Shares in Italian infrastructure operator Atlantia gained on Thursday after the Benetton family and US buyout firm Blackstone tabled a $20bn offer to take the company private.
Halma buys Canadian robot maker for £36m
Technology group Halma on Thursday said it had bought Canadian underwater robot maker Deep Trekker for CAN $60m (£36m).
Ocean Outdoor in talks with Atairos about possible takeover
Digital advertising company Ocean Outdoor confirmed on Wednesday that it is in talks with investment firm Atairos about a possible takeover.
Ted Baker says Sycamore will participate in formal sale process
Ted Baker confirmed on Wednesday that US private equity firm Sycamore will participate in the formal sale process for the fashion retailer.
Slate drops out of McKay Securities bidding
McKay Securities said it would press ahead with its planned sale to Workspace after Slate Asset Management decided not to bid for the commercial property group.
GSK agrees to buy Sierra Oncology for $1.9bn
GlaxoSmithKline has agreed to buy Sierra Oncology, a US rare cancer therapy company, for $1. 9bn (£1. 5bn) in cash to add to its roster of specialty medicines and vaccines.
Visual effects firm Cinesite exploring £300m sale - report
London-based visual effects producer Cinesite, whose recent credits include the latest Bond film, is reportedly being groomed for a sale that could value it at more than £300m.
Thoma Bravo to buy SailPoint in $6.9bn deal, shares surge
Software investment firm Thoma Bravo has agreed to buy cybersecurity firm SailPoint in a $6. 9bn deal.
Kaseya to buy Datto in $6.2bn deal
Miami-based IT management company Kaseya has agreed to buy Datto, a provider of security and cloud-based software solutions, in a $6. 2bn cash deal.
Weir Group buy's Canada's CIS for £20m
Weir Group said it had bought Carriere Industrial Supply Limited, which makes and distributes parts and aftermarket service to the Canadian mining industry for £20m.