M&A
Wincanton surges as GXO makes £764m takeover offer, trumps CEVA Logistics
Wincanton surged on Thursday after Clipper Logistics owner GXO Logistics said it had made a £764m takeover offer for the company, potentially kicking off a bidding war.
Vodafone rallies on 'RARE' Betaville report
Vodafone rallied on Thursday amid takeover speculation.
Direct Line rejects £3.1bn takeover approach from Belgium's Ageas
Direct Line confirmed on Wednesday that it had rejected a £3. 1bn takeover approach from Belgium’s Ageas, as it significantly undervalued the group.
Ageas mulls £3.1bn bid for Direct Line, shares surge
Shares in Direct Line Insurance Group motored ahead on Wednesday, after Belgium's Ageas confirmed it was considering a possible £3. 1bn bid for its UK rival.
Vodafone to sell Italian operations to Swisscom for €8bn
Vodafone has confirmed media speculation that it intends to sell its Italian operations to Swiss telecoms group Swisscom for an enterprise value of €8bn.
Currys rejects sweetened takeover approach from Elliott Advisors
Currys confirmed on Tuesday that it had received and rejected a sweetened takeover approach from US investment firm Elliott Advisors.
KKR to buy Broadcom’s EUC Division in $4bn deal
Private equity firm KKR has agreed to buy Broadcom’s end-user computing division - the EUC Division - in a $4bn deal.
Wincanton jumps as potential bidding war kicks off
Logistics firm Wincanton surged on Monday after CEVA Logistics, a unit of French shipping firm CMA CGM, sweetened its offer for the group to £604. 7m, and following an approach from Clipper Logistics owner GXO Logistics.
Bunzl shares slide on margins warning as US ops weigh
Shares in Bunzl slipped on Monday as the distribution specialist said it expected a slight fall in operating margin after posting a 10% rise in annual profits, as revenues were hit by weaker trading at its North American operations.
Diageo exploring sale of three non-core brands including Pimm's - report
Drinks giant Diageo is reportedly exploring the sale of a trio of non-core brands including Pimm's.
Saint-Gobain in talks to snap up CSR
Saint-Gobain is in advanced talks to acquire Australian rival CSR, the construction materials group confirmed on Wednesday.
Walmart to buy smart TV maker Vizio in $2.3bn deal
Walmart said on Tuesday that it has agreed to buy Vizio in a $2. 3bn deal.
Currys shares surge as Elliott, JD.com circle UK retailer
Shares in Currys surged more than 35% on Monday after US private equity firm Elliott Advisors and China ecommerce giant JD. com on Monday confirmed they were considering separate bids for struggling British electrical retailer.
Polymetal to sell Russian business for $3.7bn
Polymetal International said on Monday that it has agreed to sell its Russian business to Russian precious metals miner Mangazeya Mining for around $3. 69bn.
General Atlantic and Stone Point to buy HireRight in $1.65bn deal
HireRight said on Friday that it has agreed to be bought by General Atlantic and Stone Point Capital after the private equity firms raised their offer for the employee screening company to $1. 65bn.
Bank of Georgia in talks over potential acquisition of Ameriabank
Bank of Georgia confirmed on Thursday that it is in advanced talks with Ameriabank about a potential acquisition of the Armenian bank.
Swisscom sole bidder for Vodafone's Italian assets - report
Swisscom has become the sole party still in discussions with Vodafone Group about its Italian assets, it was reported on Thursday.
Barclays eyes SocGen's UK private bank - report
Barclays is considering bidding for Societe Generale’s UK private bank, it was reported on Thursday.
AO World buys IP rights of mobile phone retailer A1 Comms for £2.2m
AO World jumped on Thursday, having announced after the close of markets on Thursday that it had the bought intellectual property rights of mobile phone retailer A1 Comms from administration for £2. 2m in cash.
BAE Systems gets regulatory approvals for £4.4bn Ball Aerospace deal
BAE Systems said on Wednesday that it has now received all regulatory approvals necessary for its £4. 4bn acquisition of Ball Aerospace from Ball Corporation and that the deal should complete in the coming days.