M&A
Sanofi in talks to sell consumer healthcare stake to US private equity firm
French pharma giant Sanofi has announced it is in discussions with US private equity firm Clayton, Dubilier & Rice regarding the potential sale of half of its consumer healthcare business.
Unilever quits Russia after striking deal with Arnest
Consumer goods giant Unilever has sold its Russian business, it was confirmed on Thursday, bringing to an end its presence in the country.
Rio Tinto to buy Arcadia Lithium for $6.7bn
Rio Tinto said it had struck a deal to buy Arcadium Lithium for $6. 7bn, making it a major producer of a key component of electric vehicle batteries.
Brooks Macdonald buys financial planning firm Lift for up to £45m
Brooks Macdonald said on Tuesday that it has agreed to buy financial planning firm Lift for up to £45m.
Apollo to buy Barnes Group in $3.6bn deal
Technology and aerospace manufacturer Barnes Group said on Monday that it has agreed to be bought by Apollo Global Management for $3. 6bn in cash.
Chevron Canada to sell assets to Canadian Natural for $6.5bn
Chevron Canada said on Monday that it has agreed to sell its 20% interest in the Athabasca Oil Sands Project (AOSP) to Canadian Natural Resources for $6. 5bn in cash.
Mitie buys Spain's Visegurity for £9.2m
Mitie Group said it had bought Spanish security business Grupo Visegurity for up to €11m (£9. 2m), made up of an initial €9m payment and performance-linked deferred payments of up to €2m over the next two years.
WoS shares jump after buying watch fan platform Hodinkee
Shares in Watches of Switzerland jumped on Friday after the company said it had bought Hodinkee, a specialist website for luxury watch enthusiasts, for an undisclosed sum.
Coeur Mining to snap up SilverCrest in $1.7bn deal
Coeur Mining has agreed to buy Canada’s SilverCrest Metals in a $1. 7bn deal, it was announced on Friday.
Frasers snaps up more shares in takeover target Mulberry
Mike Ashley’s Frasers Group has bolstered its stake in Mulberry Group, it confirmed on Friday, just days after the luxury brand rebuffed a takeover approach from the retailer.
Diageo scraps sale of Pimm's - report
Drinks giant Diageo has scrapped a potential sale of Pimm’s, it was reported on Thursday, after it failed to strike a deal.
AO World to take over MusicMagpie for £10m
Household appliances retailer AO World is to take over struggling refurbished electrical and media reseller MusicMagpie for £10m.
PepsiCo to buy tortilla chip maker Siete for $1.2bn
PepsiCo said on Tuesday that it has agreed to buy tortilla chip maker Siete for $1. 2bn.
Adnoc to buy Covestro in €11.7bn deal
Covestro shares sparked on Tuesday after the German chemicals firm agreed to be bought by Abu Dhabi’s state-owned oil firm Adnoc for about €11. 7bn.
Mulberry rejects Frasers £83m offer
Expensive handbag maker Mulberry has rejected an £83m takeover offer from Mike Ashley’s Frasers Group saying it failed to recognise the company’s “substantial future potential value”.