M&A
Vodafone rejects revised Iliad offer to merge Italian businesses
Iliad said on Wednesday that Vodafone had rejected its revised offer to merge the two companies’ Italian businesses.
Cigna to sell Medicare business to HCSC for $3.7bn
The Cigna Group said on Wednesday that it has agreed to sell its Medicare business to Health Care Service Corporation (HCSC) for around $3. 7bn.
Allen Media eyes Paramount Global in potential $30bn deal - reports
Shares in Paramount Global soared on Wednesday, after it emerged Allen Media Group had submitted a multi-billion dollar bid for the US giant.
Morrisons to sell 337 petrol forecourts to MFG for £2.5bn
Morrisons said on Tuesday that it has agreed to sell 337 petrol forecourts to Motor Fuel Group for £2. 5bn.
Inchcape considering sale of UK retail business
Inchcape confirmed on Monday that it is reviewing strategic options for its UK retail business, which could potentially include a sale, following approaches from a number of interested parties.
Amazon, iRobot abandon merger due to EU opposition
Amazon and Roomba maker iRobot have agreed to terminate their planned merger amid opposition from EU regulators.
Serco shares fall on reported collapse of bid talks
Shares in Serco fell on Friday after a report that American Industrial Partners (AIP) contacted the UK government contractor about a potential bid for the company.
Spirit Airlines tanks as JetBlue says merger may need to be terminated
Spirit Airlines tanked on Friday after JetBlue said their merger deal might need to be terminated.
FirstGroup buys York Pullman Bus Co for undisclosed sum
FirstGroup on Friday signed a deal to buy York Pullman Bus Company for an undisclosed sum.
Competition watchdog probes Vodafone-Three merger
The competition regulator has opened a formal investigation into the proposed £15bn merger between Vodafone Group and Three UK, it was confirmed on Friday.
Elementis surges as PE firm KPS said to have explored takeover offer
Elementis surged on Thursday following a report that KPS Capital Partners recently explored a bid for the specialty chemicals firm.
Bodycote to start $60m share buyback programme in March
Thermal processing specialist Bodycote said it would start a $60m share buyback programme after spending less than planned on acquisitions.
Sunoco to buy NuStar Energy in $7.3bn deal
US gas station owner Sunoco said on Monday that it has agreed to buy independent liquids terminal and pipeline operator NuStar Energy in a $7. 3bn all-share deal.
Credit Agricole takes 7% stake in payments firm Worldline
Credit Agricole said on Monday that it has bought a stake of around 7% in French payments group and joint venture partner Worldline.
FDJ makes €2.6bn offer for Kindred Group
French gambling company La Francaise des Jeux on Monday launched a €2. 6bn takeover bid for Sweden's Kindred Group.
Caterer Compass Group to buy buy rival CH&CO in £475m deal
Caterer Compass Group confirmed on Monday that it has agreed to buy rival CH&CO in a £475m deal.
Kaman to be taken private by Arcline in $1.8bn deal
Aerospace parts manufacturer Kaman said on Friday that it has agreed to be taken private by Arcline Investment Management in a $1. 8bn deal.
Wincanton to be taken private by Ceva Logistics in £566.9m deal
Logistics company Wincanton said on Friday that it has agreed to be taken private by Ceva Logistics, a subsidiary of French shipping firm CMA CGM, in a £566. 9m deal.
Japan's Sekisui House to buy US housebuilder MDC for $4.9bn
Japanese housebuilder Sekisui House said on Thursday that it has agreed to buy US peer M. D. C. Holdings for $4. 9bn in cash.
JD Sports Fashion takes control of MIG after EU clearance
JD Sports Fashion said it had taken 100% control of Poland’s Marketing Investment Group after clearance from the European Commission.