M&A
Tesco buys Paperchase brand
Tesco confirmed on Tuesday that it has bought the brand and related intellectual property of collapsed high street stationer Paperchase.
Tesco to snap up Paperchase brand - report
Supermarket chain Tesco is reportedly planning to snap up the Paperchase brand.
LVMH, L’Oreal mulling bids for Aesop - report
LVMH and L’Oréal are reportedly among the luxury consumer companies weighing offers for a stake in Aesop that may value the high-end cosmetics brand at $2bn or more.
Finsbury Food buys Lees for £5.7m
Speciality baker Finsbury Food Group said on Monday that it has bought Lees, a manufacturer of meringues, teacakes and snowballs, for £5. 7m in cash.
Costcutter owner Bestway takes 3.45% stake in Sainsbury's
UK Costcutter convenience store owner Bestway Group has bought a 3. 45% stake in supermarket giant Sainsbury's which it may increase, but said it was not considering an offer for the chain.
JLEN makes first foray into green hydrogen with German deal
Environmental infrastructure fund JLEN has made its first investment into the green hydrogen sector with the acquisition of a 33% equity stake in Foresight Hydrogen for up to €5. 7m.
Australia's Recharge signals interest in Britishvolt
An Australian firm has made an offer for collapsed battery producer Britishvolt, it was reported on Wednesday.
Dignity backs £281m takeover offer
Shares in Dignity sparked on Monday after the funeral services specialist agreed to be taken over in a sweetened £281m deal.
Saga confirms talks for potential sale of Acromas insurance unit
The specialist provider of products and services to those over 50, Saga, confirmed media reports that it was in talks to potentially sell its Acromas Insurance Company Limited business with a view to reducing its debt pile.
Primary Health Properties buys Ireland's Axis for undisclosed sum
Primary Health Properties has bought Irish property management business Axis Technical Services and signed a long-term agreement providing access to a strong pipeline of future primary care projects in Ireland, the company said on Monday.
Seraphine to be taken over by largest shareholder in £15.3m deal
Maternity wear retailer Seraphine said on Friday that it has agreed to be taken over by its largest shareholder, Mayfair Equity Partners, in a £15. 3m deal.
Diageo to buy Don Papa Rum for initial €260m
Global drinks giant Diageo said it was buying Don Papa Rum of the Philippines for €260m up front.
Inchcape to take controlling stake in CATS Group
Inchcape said it was taking a controlling stake in the CATS Group of the Philippines and forming a joint venture with the distributor of luxury vehicles.
Sika to sell admixture assets to Ineos
Sika has struck a deal with UK rival Ineos, the Swiss chemicals company confirmed on Monday, as it looked to clear the way for its £5bn acquisition of MBCC Group.
FTSE 250 movers: C&C loses fizz, bets off for 888 Holdings
FTSE 250: 19,924. 89, up 0. 42% at 1507 GMT.
RHI Magnesita buys 65% stake in China’s Jinan New Emei for €40m
RHI Magnesita said it was buying a 65% shareholding in China’s Jinan New Emei for 293 million Chinese yuan (€40m).
Supermarket REIT lifts stake in Sainsbury's portfolio to 51%
Supermarket Income REIT said it had bought a 25. 5% stake in the Sainsbury's Reversion Portfolio (SRP) for £196m from British Airways Pension Trustees, taking its holding to 51%.
Hungary exempts Vodafone from competition probe
Hungary has exempted the purchase of a 51% stake in Vodafone's Hungarian unit by local firm 4iG from a competition probe, according to a government decree.
Vodafone enters binding terms on sale of Hungary business
Vodafone said it had entered into binding terms in relation to the sale of its Hungary unit to local IT company 4iG and state-owned Corvinus for €1. 8bn.
WPP buys Fenom Digital
Advertising giant WPP said on Thursday that it has bought Fēnom Digital, one of the fastest-growing digital transformation agencies in North America, for an undisclosed sum.