M&A
Hikma boosts injectables business with Xellia assets acquisition
Hikma Pharmaceuticals said on Monday that it has agreed to buy parts of Xellia Pharmaceuticals, a Copenhagen-based specialty company focusing on providing anti-infective treatments and other critical care therapies, for up to $185m.
Ardian, Saudi fund to buy 37.6% stake in Heathrow
Ferrovial - Heathrow’s largest shareholder - said on Friday that it has agreed to sell a 37. 6% stake in the London airport to the Saudi Public Investment Fund and French private equity firm Ardian for just under £3. 3bn.
Regulator launches formal probe into Barratt-Redrow tie-up
The competition watchdog has launched an official investigation into the proposed £2. 5bn takeover of house builder Redrow by Barratt Developments, it was confirmed on Friday.
Crest Nicholson rejects two takeover proposals from Bellway
Crest Nicholson confirmed on Friday that it had rejected two, unsolicited takeover approaches from Bellway, the latest valuing the group at about £650m.
Alpha FMC extends takeover deadline as talks with Bridgepoint ongoing
Alpha Financial Markets said on Wednesday that the ‘put up or shut up’ deadline for Bridgepoint to make an offer for the group has been extended as the two parties are still in talks.
Equals Group shares drop as MDP backs out of takeover talks
The share price of payment platform developer Equals Group dived on Wednesday after potential buyer Madison Dearborn Partners (MDP) bowed out of drawn-out takeover talks that have been ongoing since November.
Rio Tinto to buy Mitsubishi’s 11.7% stake in Boyne aluminium smelter
Rio Tinto said on Tuesday that it has agreed to buy Mitsubishi Corporation’s 11. 65% interest in Boyne Smelters (BSL) for an undisclosed sum.
Diller Noble acquires Diamond Offshore for $1.6bn
Texas-based oil company Noble Corporation has announced plans to snap up Diamond Offshore Drillling for $1. 6bn.
Mission rejects 'opportunistic' Brave Bison approach
The Mission Group has rejected a revised "opportunistic" takeover approach from Brave Bison, it confirmed on Thursday, arguing that it undervalues the business.
Wood Group to 'engage' with Sidara on takeover proposal
Wood Group said late on Wednesday that it had decided to "engage" with Sidara after the Dubai-based engineering and consulting firm made an improved and final takeover proposal last week at 230p a share.
HanesBrands to sell Champion to Authentic for up to $1.5bn
HanesBrands said on Wednesday that it has agreed to sell its Champion business to Authentic Brands Group for up to $1. 5bn.
SAP to snap up WalkMe in $1.5bn deal
German software giant SAP has agreed to buy WalkMe in a $1. 5bn deal, it was confirmed on Wednesday, sending shares in the Israel-based firm soaring.
Mission Group evaluating improved offer from Brave Bison
Digital marketing firm Mission Group said on Tuesday that it was evaluating an increased takeover proposal from rival Brave Bison but that it still believes it does not reflect its contribution to the proposed combined group.
Checkit proposes merger with rival Crimson Tide
Software business Checkit announced plans to merge with rival Crimson Tide on Tuesday, stating the acquisition would help both companies create "a scaled workflow software company".
Brookfield Asset Management considering offer for Tritax Eurobox
Tritax Eurobox gained on Tuesday after Brookfield Asset Management said it was in the early stages of assessing a possible cash offer for the company.
Blackstone increases Hipgnosis offer
US private equity firm Blackstone has upped its bid for embattled music rights publisher Hipgnosis as it looks to change its takeover offer to a so-called 'scheme of arrangement'.