M&A
TSB to cut jobs, close branches
British high street lender TSB is to cut more than 200 jobs and close branches, it was confirmed on Wednesday.
SoftBank in talks to buy UK’s Graphcore - report
Japan’s SoftBank is reportedly in talks to buy Graphcore, a struggling British semiconductor start-up once valued at $2. 8bn.
Asia Dragon shares surge on Ashoka merger proposal
Shares in the Abrdn-run Asia Dragon Trust spiked on Tuesday after the £35m Ashoka Whiteoak Emerging Markets made a merger approach for its much larger rival.
First-quarter losses surge at Spirit AeroSystems
Losses at Spirit AeroSystems Holdings soared in the first quarter, the Boeing supplier confirmed on Tuesday, as production slowed and inventory built up.
Accrol agrees to final offer of £130.8m from Navigator Paper
Tissue maker Accrol Group said on Friday that it has agreed to be taken over by Navigator Paper after it made an improved and final offer that values the company at £130. 8m.
Glencore said to be studying approach for Anglo American
Glencore is reportedly studying an approach for Anglo American, a development that could spark a bidding war.
Revolution Bars confirms takeover talks with Nightcap
Revolution Bars confirmed on Thursday that it has held "an exploratory meeting" with Piano Works owner Nightcap about a range of possible transactions, including a potential takeover.
BHP deploys team to SA to woo officials over Anglo deal - report
BHP has reportedly deployed a team of senior executives to South Africa as it ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American.
Alpha FMC shares soar on two takeover approaches
Shares in financial services consultancy Alpha FMC soared nearly 40% on Wednesday after the company confirmed rumours that it has been approached by two parties about a possible takeover.
Touchstone to snap up rival Trinity in £24m deal
Shares in Trinity Exploration & Production soared on Wednesday, after it agreed to be taken over by rival Touchstone Exploration.