News And Announcements
KKR launches takeover bid for Telecom Italia, shares surge
US private equity firm Kohlberg Kravis Roberts is looking to acquire Telecom Italia in a deal worth potentially €33bn.
Ericsson to buy US cloud firm Vonage in $6.2bn deal
Sweden’s Ericsson has agreed to buy US cloud-based communications provider Vonage in a $6. 2bn all-cash deal.
Shares in M&S spark on takeover rumours
Shares in Marks & Spencer jumped on Monday after it was reported that an investment firm was interested in the high street stalwart.
Rank Group to get £77.5m refund from HMRC
Casino operator Rank Group said on Monday that it will get a £77. 5m refund after reaching an agreement with HMRC on its claim for a refund of VAT paid on slot machine income between April 2006 and January 2013.
Grainger bolsters investment team with two appointments
Residential landlord Grainger announced two key appointments within its investment team on Monday, with Eliza Pattinson promoted to director of investments - asset management, and Steven Clark appointed as director of investments - acquisitions.
BHP, Woodside sign merger deal, approve Scarborough LNG project
Australia’s BHP Group and Woodside Petroleum have signed their AUD$40bn petroleum merger deal, which will see Woodside acquire BHP’s petroleum assets in return for a 48% in the combined company.
Diploma backs guidance as FY profits rise
Diploma reported a jump in full-year pre-tax profit on Monday amid improved demand, as it backed its outlook for FY22.