M&A
LGIM expresses doubts over Tullow/Capricorn merger
UK asset manager Legal & General Investment Management made a rare public intervention and come out against a planned merger between Tullow Oil and Capricorn Energy.
State Street not interested in buying Credit Suisse
US bank State Street has denied it is in talks to buy Credit Suisse.
Next Fifteen insists offer for M&C Saatchi is final
Next Fifteen Communications Group has insisted its agreed offer for M&C Saatchi is final, after a rival suitor questioned the valuation.
Apollo, Reliance consortium said to have made binding offer for Boots
A consortium of Apollo Global Management and Reliance Industries has reportedly made a binding offer for Walgreens Boots Alliance's international arm, Boots.
Citi says 'buy' Entain and Flutter, spies possible bid for the former
Analysts at Citi told clients to 'buy' shares of Entain and Flutter Entertainment after revising higher their estimate of the Total Adressable Market opportunity in the US for both and on expectations for greater regulatory clarity.
Morrisons takeover to go ahead after CMA clears petrol stations sale
Britain’s competition watchdog has confirmed the £7bn takeover of supermarket chain Morrisons by US private equity firm Clayton, Dubilier & Rice can proceed after a deal was reached on the sale of 87 petrol stations.
Mediclinic rejects 463p a share takeover offer from Remgro consortium
Private hospital operator Mediclinic said on Thursday that it had rejected a 463p a share takeover offer from a consortium comprising of shareholder Remgro and MSC Mediterranean Shipping Company.
FirstGroup rejects £1.2bn approach from I Squared
Bus and train operator FirstGroup has formally rejected a £1. 2bn takeover approach from US private equity firm I Squared, saying it “significantly undervalues” the firm and a conditional cash component did not provide shareholders with enough certainty.
Keywords Studios buys Forgotten Empires for $32.5m
Video game provider Keywords Studios has bought development studio Forgotten Empires for $32. 5m (£25. 9m), the company said on Wednesday.
Kohl's in exclusive talks with Franchise Group over $8bn deal
Kohl’s confirmed on Tuesday that it is in exclusive negotiations with retail holding company Franchise Group (FRG) about a possible takeover that would value the US department store chain at around $8bn.
Ted Baker's preferred suitor walks away, shares tumble
Ted Baker’s preferred bidder has pulled out of takeover talks, sending shares in the fashion retailer tumbling.
Biffa receives £1.36bn takeover offer
Waste management specialist Biffa said on Tuesday that it has given the green light to a proposed takeover approach worth more than £1bn.
M&C Saatchi removes Vin Murria from board
UK ad agency M&C Saatchi on Monday removed Vin Murria, its largest shareholder, from its board, the company said, after rebuffing his bid to take over the company.
CRH to buy US fencing maker Barrette in $1.9bn deal
Building materials group CRH has agreed to buy North American fencing and railing solutions provider Barrette from TorQuest Partners and Caisse de dépôt et placement du Québec (CDPQ) for $1. 9bn.
Tullow Oil to buy Capricorn Energy in all-share deal
Tullow Oil said on Wednesday that it has agreed to buy Capricorn Energy in an all-share deal.
Wood Group to sell Built Environment consulting business for $1.9bn
John Wood Group has agreed to sell its Built Environment consulting business to WSP for around $1. 9bn.