M&A
Mediclinic minded to recommend new takeover offer from Remgro, MSC
Hospital operator Mediclinic has received a fresh takeover proposal from a consortium led by billionaire Johann Rupert’s Remgro that it is minded to recommend.
Billionaire Johann Rupert, MSC preparing higher bid for Mediclinic - report
Mediclinic surged on Thursday following a report that a consortium backed by South African billionaire Johann Rupert is preparing a higher takeover bid for the hospital operator.
DiscoverIE buys CDT Group for £5m
Electronics maker discoverIE Group on Wednesday said it had bought CDT group for £5m.
CMA launches probe into Microsoft’s acquisition of Activision Blizzard
The UK’s Competition and Markets Authority said on Wednesday that it was launching an investigation into Microsoft’s $69bn acquisition of Activision Blizzard.
Ten Entertainment lifts guidance as demand surges
Bowling and entertainment centre operator Ten Entertainment raised annual guidance as first-half sales growth had exceeded pre-pandemic levels.
Intermediate Capital in talks to buy Wembley Arena - report
FTSE 100 fund manager Intermediate Capital is reportedly in exclusive talks to buy Wembley Arena after the venue’s owner put it up for sale to focus on its build-to-rent business.
Biffa talks with ECP ongoing, takeover deadline extended
Waste management company Biffa said on Tuesday that the UK Takeover Panel has extended the deadline for private equity firm Energy Capital Partners to make a takeover offer as talks between the two parties are ongoing.
Deal to buy UK Power Networks collapses after owner hikes price - report
A £15bn takeover deal to buy UK Power Networks, Britain’s largest electricity distributor, has reportedly collapsed after surging inflation sparked a last-minute price rise by its Hong Kong owner.
Rolls-Royce to complete sale of Spanish unit in 'weeks' - report
Rolls-Royce is set to complete its €1. 7bn sale of ITP Aero within the next few weeks, it was reported on Monday.
Spirax-Sarco in exclusive talks to buy Vulcanic
Thermal energy management specialist Spirax-Sarco Engineering has entered into exclusive negotiations to buy Vulcanic from French private equity group Qualium for €261. 7m (£225. 5m) on a cash and debt-free basis.
Supermarket Income REIT buys four properties for £83m
Supermarket Income REIT said it had bought four properties for a total of £83m.
Slug & Lettuce owner Stonegate exploring sale of 75 sites - report
Slug & Lettuce and Be at One owner Stonegate Group is reportedly exploring the sale of a 75-strong portfolio that could fetch up to £100m.
Vertu Motors buys Wiper Blades for £3.5m
Automotive retailer Vertu Motors has bought Wiper Blades Limited, a business specialising in the online sale of car wiper blades and other associated products, for £3. 5m in cash.
Lamprell shareholder Sami Al Angari evaluating takeover offer
Shares in Lamprell have been temporarily suspended after Sami Al Angari - the chief executive of Al Gihaz Company - confirmed on Friday that he and Al Gilaz are in the very early stages of evaluating a possible offer for Lamprell.