M&A
Verizon to buy Frontier Communications in $20bn cash deal
Verizon Communications said on Thursday that it has agreed to buy Frontier Communications, the largest pure-play fibre internet provider in the US, for $20bn in cash.
Spectris buys Austria’s Piezocryst for €133.5m
Spectris said on Thursday that it has bought Austria’s Piezocryst from AVL for €133. 5m (£112. 2m).
Nordstrom gets $23 a share buyout proposal from family founders, Liverpool
Nordstrom confirmed on Wednesday that it has received a buyout proposal from members of the Nordstrom family and Mexican retailer El Puerto de Liverpool (Liverpool) at $23 per share.
Starwood Capital to buy Balanced Commercial Property in £673m deal
Balanced Commercial Property Trust has agreed to be bought by private investment firm Starwood Capital for £673. 5m.
Segro to buy Tritax for £1.1bn including debt
Segro said on Wednesday that it has agreed to buy rival Tritax EuroBox in a deal with an implied enterprise value of around £1. 1bn including debt.
UK regulator approves BBVA purchase of Sabadell's TSB
The UK's Prudential Regulation Authority has green-lighted Spanish bank BBVA to take indirect control of Sabadell's British subsidiary TSB, BBVA said on Tuesday.
News Corp's REA Group considering takeover offer for Rightmove
Australian real estate advertising company REA Group has confirmed speculation that it is considering a possible cash and share offer for UK property platform Rightmove.