M&A
Virgin Money to buy Abrdn’s stake in joint investment business for £20m
Virgin Money said on Wednesday that it has agreed to buy Abrdn’s stake in their joint investment platform for £20m.
Macquarie in discussions to acquire TalkTalk wholesale arm
Australian bank Macquarie was said to be closing in on a deal to acquire the wholesale arm of British broadband provider TalkTalk.
Diamondback Energy to buy Endeavor in $26bn deal
US oil and gas company Diamondback Energy said on Monday that it has agreed to buy rival Endeavor Energy Resources in a $26bn deal.
Tritax Big Box makes £924m bid for UKCP
Tritax Big Box said it had agreed terms on a possible bid for UK Commercial Property REIT in an all-share deal worth £924m.
SSP buys Australia's ARE for undisclosed sum
Travel food outlet operator SSP Group on Monday said it had bought Airport Retail Enterprises in Australia for an undisclosed sum.
Owens Corning to buy Masonite in $3.9bn deal
US building and construction materials company Owens Corning said on Friday that it has agreed to buy Masonite, a provider of interior and exterior doors and door systems, in a $3. 9bn deal.
Tesco sells most of banking unit to Barclays for £600m
UK supermarket giant Tesco has sold its most of its retail banking business to Barclays for £600m, the two companies said on Friday.
DS Smith receives takeover approach from Mondi, shares surge
Packaging company DS Smith surged on Thursday after confirming it has received "a highly preliminary expression of interest" from rival Mondi.
Cohesity buys Veritas unit to create $7bn cyber firm
US data management company Veritas is selling its data protection unit to rival Cohesity, an American data security firm backed by SoftBank, Reuters announced late Wednesday.
Shares in Digital 9 slump as Iceland probes Verne Global sale
Shares in Digital 9 Infrastructure tumbled on Thursday after the Icelandic authorities opened an investigation into the proposed sale of Verne Global.
Barratt to take over Redrow in £2.5bn all-share deal
Britain's biggest housebuilder Barratt said it had agreed an all-share takeover of smaller rival Redrow valuing the latter at £2. 5bn.
Woodside and Santos call off $52bn merger talks
Woodside Energy, the Australian oil and gas group with secondary listings in London and New York, has announced it has called off merger talks with smaller peer Santos that would have created an energy giant worth $52bn.
Novo Holdings to buy US drug maker Catalent in $16.5bn deal
Novo Holdings, the controlling shareholder of Novo Nordisk, has agreed to buy US drug maker Catalent in a $16. 5bn cash deal.
Superdry CEO Dunkerton considering takeover, shares rocket
Superdry shares rocketed on Friday after it said chief executive Julian Dunkerton is considering making an offer for the fashion brand and is currently in talks with potential sources of finance.
Octopus Renewables buys 4 Irish solar farms for €160m
Octopus Renewables Infrastructure Trust said it bought four newly-constructed solar farms located close to Dublin, Ireland for €160m.
Rightmove to buy HomeViews for £8m in cash
Property portal Rightmove said on Thursday that it has agreed to buy HomeViews for £8m in cash.