M&A
UK M&A market remain stable in 2017 as domestic deals mushroom
UK mergers and acquisitions shrank slightly in 2017, though the number of domestic deals rose to a nine-year high with a total value that almost doubled year-on-year to £51bn as companies prepared for the post-Brexit unknown.
Tritax buys warehouse operated by Unilever
Tritax Big Box REIT has paid £44. 25m for a distribution centre in Staffordshire operated by Unilever.
Vedanta unit buys into LCD glass maker AvanStrate
Vedanta Resources said its Cairn India subsidiary agreed to pay $158m for debt and a majority stake in AvanStrate, a Japanese maker of glass for LCD devices.
TRIG pays £80m for first offshore wind farm investment
Renewables Infrastructure Group (TRIG) has paid £80m for a 14. 7% stake in the Sheringham Shoal offshore wind farm in the North Sea.
3i Infrastructure takes control of Wireless Infrastructure Group
3i Infrastructure has agreed to spend £186m to take ownership of Wireless Infrastructure Group alongside its management.
IWG confirms takeover approach from Canada's Brookfield and Onex
FTSE 250 flexible office space provider IWG noted recent press speculation on Wednesday and confirmed that it has received an indicative proposal from funds managed by affiliates of Canada's Brookfield Asset Management and Onex Corporation regarding a possible cash offer for the company.
Contango shares suspended as Zimbabwe reverse takeover talks advance
Contango Holdings has signed a memorandum of understanding as it entered exclusive talks with regards to its potential acquisition of Zimbabwean mining assets.
Ladbrokes Coral approves takeover by GVC Holdings of up to £4bn
Britain's largest bookmaker Ladbrokes Coral has agreed to be taken over by smaller online-focused rival GVC Holdings for a sum of £3. 2bn that could rise up to £4bn, creating one of the world's largest listed betting companies.
Shell moves into household supply with First Utility acquisition
Oil and gas giant Royal Dutch Shell inked an agreement on Thursday that would see it acquire 100% of British household energy and broadband provider First Utility in the New Year.
Bushveld Minerals acquires Vametco, finalises transformation into vanadium producer
Vanadium and coal development company Bushveld Minerals completed its acquisition of 55% of Bushveld Vametco on Thursday, giving it a 59. 1% stake in the firm's South African mining and processing operations.
Marlowe buys Guardian Water Treatment for up to £2.8m
Support services group Marlowe has bought Guardian Water Treatment for up to £2. 8m on a cash and debt-free basis in a deal to be financed from existing cash resources.
Greencoat Renewables buys Irish wind farm for €88.4m
Greencoat Renewables has agreed to buy the Dromadda More wind farm from Impax Asset Management for €88. 4m funded by a €250m credit facility.
Niki keeps runway slots as bidders swarm
After filing for insolvency on 14 December, Air Berlin's low-cost unit, Niki, has been allowed to retain its much sought after runway slots until such a time as the Austrian Transport Ministry had completed its examination of the airline's insolvency filing.
Tesco's takeover of Booker gets competition clearance
The competition regulator has cleared Tesco's contentious £3. 7bn takeover of Booker after a seven-month investigation.
Chinese firms move to acquire Canada's Lithium X
Chinese group Tibet Summit Resources, along with its partner NextView Capital, agreed to acquire Canadian group Lithium X for CAD 265m.
Old Mutual agrees management buyout of single strategy business
Old Mutual has agreed to sell its single strategy business for £600m in a management buyout led by the division's chief executive Richard Buxton.
GoCompare to buy MyVoucherCodes for £36.5m
Price comparison website GoCompare announced on Tuesday that it has agreed to buy MyVoucherCodes. co. uk from Monitise for £36. 5m in cash, as it said 2017 operating profit is expected to be at the upper end of market expectations.
Saint-Gobain to buy Norwegian distributor Per Strand
French manufacturer Saint-Gobain has agreed to buy Norwegian distributor Per Strand AS for an undisclosed sum.
Hershey to buy Amplify Snack Brands in $1.6bn deal
Hershey has agreed to buy Amplify Snack Brands in a $1. 6bn deal.
Campbell Soup to buy snack maker Snyder's-Lance for $50.00 per share
Campbell Soup has agreed to buy snack maker Snyder's-Lance for $50. 00 per share in an all-cash transaction.