M&A
Anglo American rejects third and final takeover proposal from BHP
Anglo American said on Wednesday that it has rejected a third and final takeover proposal from Australia’s BHP which values the miner at £38. 6bn.
Anglo investor calls for 'meaningful' changes to BHP bid
A leading shareholder in Anglo American said on Wednesday that BHP Group’s blockbuster £34bn takeover offer required "meaningful revision".
Biogen to buy biotech Human Immunology Biosciences for up to $1.8bn
Biogen said on Wednesday that it has agreed to buy Human Immunology Biosciences (HI-Bio) for up to $1. 8bn.
XP Power rejects £468m takeover proposal from Advanced Energy
Advanced Energy said on Tuesday that it has made three possible all-cash offers for XP Power, the last of which valued the group at £468m.
Keywords Studios confirms £2.2bn approach from Swedish PE firm EQT
Keywords Studios said on Monday that it was "minded to accept" a £2. 2bn takeover proposal from Swedish private equity firm EQT Partners if it makes a firm offer.
Wood Group rejects second takeover proposal from Sidara, shares tumble
Wood Group tumbled on Wednesday after saying it had rejected a second, improved £1. 5bn takeover proposal from Dubai-based engineering and consulting company Sidara.
Royal Mail owner IDS recommends revised £3.5bn takeover offer from EP Group
Shares in Royal Mail owner International Distributions Services (IDS) surged on Wednesday afternoon after its board recommended a revised offer from billionaire Daniel Křetínský's EP Group which values the company at £3. 5bn.
Top Mission Group shareholder says Brave Bison bid ‘highly unattractive’
A top Mission Group shareholder said on Wednesday that Brave Bison’s 29p-a-share takeover offer for the digital marketing agency was "highly unattractive".
Delivery Hero shares surge as Uber buys Taiwan business for $950m
Shares in Delivery Hero surged by more than 20% after it agreed to sell its Foodpanda delivery business in Taiwan to ride-hailing giant Uber for $950m.
Walgreens contacting potential buyers for Boots - report
Walgreens Boots Alliance is reportedly reaching out to potential buyers of the £7bn ($8. 8bn) Boots chemist chain.
Anglo American rejects second, £34bn takeover offer from BHP
BHP said on Monday that Anglo American has rejected a revised offer from the Australian miner which valued the company at £34bn.
Mission Group rejects 29p a share takeover offer from Brave Bison
Digital marketing agency Mission Group said on Monday that it had rejected a takeover proposal from rival Brave Bison which valued the group at around 29p a share.
Motors.co.uk said to be circling Cazoo Group
Privately owned used-car platform Motors. co. uk is reportedly circling Cazoo Group, which is on the brink of administration.
Aquila calls off merger talks with Octopus Renewables
Merger talks between Octopus Renewables Infrastructure Trust (ORIT), the clean energy investment fund of Octopus Energy Group, and smaller peer Aquila European Renewables (AERI) have been called off after AERI rebuffed an indicative offer.
Blackstone leads Hipgnosis race as Concord says no encore
Private equity giant Blackstone appeared to have emerged as the winner in the race to buy troubled music rights owner Hipgnosis Songs Fund after Apollo-backed Concord said its latest $1. 25-a-share offer was final.
BBVA makes hostile takeover bid for Banco Sabadell
Spanish banking group BBVA has proposed a hostile takeover of smaller peer Banco Sabadell, taking its €12. 2bn offer directly to shareholders after the latter's board rejected an approach earlier this week.
Watches of Switzerland buys Roberto Coin Inc for $130m
Watches of Switzerland Group said it had bought Roberto Coin Inc for $130m as it looks to expand into the luxury jewellery market.
UK's CMA to investigate GXO's acquisition of Wincanton
The UK’s Competition and Markets Authority said on Wednesday that it was launching an investigation into GXO Logistics’ £762m acquisition of Wincanton, which completed at the end of last month.
Wood Group surges after rejecting £1.4bn takeover proposal from Sidara
Wood Group surged on Wednesday after saying it had rejected a 205p a share takeover proposal from Dubai-based engineering and consulting company Sidara, valuing it at more than £1. 4bn.
BNP Paribas searching for buyer for Strutt and Parker - report
BNP Paribas is reportedly looking for a buyer for Strutt and Parker, having bought the upmarket UK estate agent seven years ago.