M&A
Capricorn Energy ditches Tullow deal in favour of NewMed
Capricorn Energy said on Thursday that it was no longer going ahead with a planned merger with Tullow Oil and will instead be merging with Israel’s NewMed Energy.
Sats to snap up WFS in €1.2bn deal
Singapore’s Sats has agreed to buy French rival Worldwide Flight Services in a €1. 2bn deal, it was confirmed on Wednesday.
Provident Financial to buy Lakeland Bancorp in $1.3bn deal
Provident Financial Services said on Tuesday that it has agreed to buy Lakeland Bancorp, the parent company of Lakeland Bank, in a $1. 3bn deal.
ECP to buy Biffa in £1.3bn deal, shares surge
Waste management company Biffa surged on Tuesday after it agreed to be bought by private equity firm Energy Capital Partners (ECP) for around £1. 3bn.
Shares in Pendragon jump on takeover approach
Shares in Pendragon motored ahead on Monday after the car dealership received a £406m takeover approach from its largest shareholder.
Frasers to make mandatory offer for MySale after procuring 48% of shares
Retail group Frasers said it now intends to make a mandatory offer for Australian online fashion discounter MySale after procuring 48. 5% of the company’s stock, including the shareholding of former chairman Carl Jackson.
WPP buys communications agency JeffreyGroup
Advertising giant WPP said on Wednesday that it has bought JeffreyGroup, an independent corporate communications, public affairs, and marketing consulting firm in Latin America, for an undisclosed sum.
Link facing £50m fine in Woodford probe
Link Fund Solutions is facing a £50m fine for its role in the collapse of the Woodford Equity Income Fund, the UK's financial watchdog confirmed on Wednesday.
Germany to nationalise gas importer Uniper
Germany is to nationalise struggling gas importer Uniper as it looks to shore up supply over the winter, it was announced on Wednesday.
France's Schneider Electric to buy Aveva in £9.5bn deal
France’s Schneider Electric said on Wednesday that it has agreed to buy London-listed software firm Aveva in a £9. 5bn deal.
Adobe to buy software design group Figma for around $20bn
Adobe confirmed on Thursday that it has agreed to buy Figma, a web-first collaborative design platform, for around $20bn in cash and shares.
KKR, GIP said to pursue Vodafone's towers division; shares spark
Vodafone shot higher on Thursday following a report that KKR & Co. and Global Infrastructure Partners are among private equity firms competing for a stake in the company’s wireless towers unit.
Adobe nearing deal to buy Figma - report
Adobe Inc. is reportedly close to agreeing a deal to buy Figma, a start-up that makes online design collaboration tools.
Aveva close to agreement on £9bn Schneider buyout - report
Software company Aveva is reportedly closing in on a takeover agreement with French industrial group Schneider Electric worth about £9bn.
Home REIT buys 158 properties for £57.4m
Home REIT, which helps to house homeless people, said it had bought 158 properties across England for £57. 4m.
Twitter dismisses Elon Musk's latest claim
Twitter has once again insisted its takeover by Elon Musk will go ahead, after the social media platform dismissed the Tesla billionaire’s latest attempt to walk away from the contentious deal.
CMA provisionally clears LSE's acquisition of Quantile
The Competition and Markets Authority said on Friday that it has provisionally cleared the London Stock Exchange’s acquisition of technology firm Quantile Group.
Morrisons takeover of McColl's could lead to higher prices, says CMA
The Competition and Markets Authority said on Thursday that Morrisons’ takeover of convenience store retailer McColl’s could lead to higher prices.
US PE firm GTCR considering cash offer for GB Group
US private equity firm GTCR has confirmed that it is currently considering a possible cash offer for identity verification specialist GB Group.
Vistry to buy Countryside Partnerships in £1.25bn deal
Housebuilder Vistry said on Monday that it has agreed to buy Countryside Partnerships in a £1. 25bn deal.