M&A
Asda to buy Co-op's petrol forecourt business in £600m deal
Asda confirmed on Wednesday that it has agreed to buy Co-op’s petrol forecourt estate for around £600m.
Diurnal to be taken over by Neurocrine Biosciences for £48.3m, shares surge
Diurnal shares surged on Tuesday after it agreed to be taken over by US biotech firm Neurocrine Biosciences for £48. 3m.
Roper Technologies to buy Frontline Education in $3.73bn deal
Roper Technologies has agreed to buy Frontline Education from software investment firm Thoma Bravo in a $3. 73bn all-cash deal.
Dechra Pharmaceuticals buys California-based Med-Pharmex for $260m
Dechra Pharmaceuticals said on Tuesday that it has bought California-based veterinary pharmaceutical manufacturer Med-Pharmex for $260m (£221. 5m).
Energy Capital Partners granted extension of PUSU deadline for Biffa bid
Energy Capital Partners has been granted an extension to the deadline for tabling a firm offer for integrated waste management Biffa.
JTC to buy US private client service business NYPTC
JTC said on Friday that it has agreed to buy New York Private Trust Company (NYPTC), a non-deposit trust company headquartered in Delaware in the US, for an undisclosed sum.
Micro Focus agrees to £5bn takeover by Canada's OpenText
Software maker Micro Focus said it had agreed a £5. 1bn takeover, including debt, by Canadian rival OpenText.
Rio Tinto raises bid for owner of massive Mongolian copper mine
Rio Tinto upped its bid for Turquoise Hill, the majority owner of the Oyu Tolgoi copper mine in Mongolia.
Aveva says it would evaluate an offer from Schneider if it received one
Aveva recommended to its shareholders that they take no action following Schneider Electric's confirmation that it was mulling a possible bid for the shares that it did not already own.
Schneider Electric considering bid for Aveva, shares surge
Aveva surged on Wednesday after France’s Schneider Electric said it was considering making a bid for the London-listed software company.
Amazon among bidders for Signify Health - report
Amazon is reportedly among the bidders for US healthcare company Signify Health.
Just Eat sells stake in Brazil’s iFood to Prosus for €1.8bn
Just Eat Takeaway has agreed to sell its 33% stake in Brazil’s iFood joint venture to Prosus for up to €1. 8bn in cash.
Canada's CDPQ in talks to buy Vodafone's Indus Towers stake - report
Canadian pension fund Caisse de depot et placement du Quebec (CDPQ) is reportedly in talks with Vodafone to buy the residual 21% stake it owns in Indus Towers, India’s largest mobile tower installation company.
HICL takes minority stake in Cross London Trains
HICL Infrastructure said it had bought a minority equity stake in Cross London Trains (XLT) from funds managed by Equitix Investment Management for an undisclosed sum.
Frasers Group tables all-cash offer for Australian rival MySale
Frasers Group tabled an all-cash offer for its smaller Australian rival MySale in a bid to grow its presence Down Under.
First Group falls after I Squared says it will not table a firm offer
First Group shares came under strong selling pressure after its private equity suitor had pulled out from its bid.
Darktrace in early takeover talks with PE firm Thoma Bravo
Cybersecurity firm Darktrace said late on Monday that it is in the early stages of discussions with private equity firm Thoma Bravo about a possible takeover offer.
Ted Baker to be taken over by Authentic Brands in £211m deal
Fashion brand Ted Baker said on Tuesday that it has agreed to be taken over by Reebok owner Authentic Brands Group in a £211m deal.
Sage buys US-based Lockstep for undisclosed sum
UK software company Sage Group said it had bought Lockstep, a provider of cloud native technology that automates accounting workflows between companies, for an undisclosed sum.
Unity rejects $17.5bn takeover offer from AppLovin
US gaming software maker Unity said on Monday that it had rejected a $17. 5bn takeover offer from peer AppLovin, as it reiterated its commitment to a merger with ironSource.