M&A
Johnson Matthey agree battery material collaboration
Johnson Matthey has sold its automotive battery systems business to US power company Cummins but agreed to collaborate on developing the UK group's new high energy battery material.
Polypipe agrees to sell French business, trading remains in line
Polypipe Group is close to selling its French arm to local manufacturing group Ryb for €16. 5m cash.
Blackstone in talks with Thomson Reuters over $20bn financials unit
Blackstone Group, the US private equity giant, is in advanced discussions to buy part of Thomson Reuters.
SAP to buy Callidus Software in $2.4bn deal
German software company SAP has agreed to buy cloud-based human resources software group Callidus Software, which trades as CallidusCloud, for a total enterprise value of $2. 4bn through its SAP America unit.
Activist hedge fund eyes up Waterstones - reports
Hedge fund Elliott Advisors is in talks to buy Waterstones, the British bookseller owned by Russian oligarch Alexander Mamut, according to press reports.
Informa agrees to buy UBM for £3.9bn as companies report positive trading
Informa agreed to buy UBM for £3. 9bn to create a business-to-business (B2B) information giant as both companies reported positive trading for 2017.
Entertainment One completes placing to acquire Mark Gordon Company
Entertainment One, the film and television producer and distributor, confirmed that it had raised £53m in an placing with City institutions at a price of 305p as part of its plan to snap up the remaining half of US television producer The Mark Gordon Company.
Entertainment One acquires studio behind Designated Survivor, Grey's Anatomy
Peppa Pig owner Entertainment One has agreed to acquire the remaining 49% share of the Mark Gordon Company following the successful performance of the business so far, with TV guru Mark Gordon to join the London-listed company as president and chief content officer.
Dr Pepper Snapple to merge with Keurig to create drinks giant
Dr Pepper Snapple and Keurig Green Mountain have agreed to merge to form a beverage company with annual revenue of around $11bn.
Sanofi to buy Belgian biotech group Ablynx for €3.9bn
Shares in Belgian biotech company Ablynx surged on Monday after it agreed to be bought by French pharmaceutical group Sanofi for €45 per share in cash, or €3. 9bn.
Relx to buy California-based ThreatMetrix for £580m
Relx Group, formerly known as Reed Elsevier, has agreed to buy California-based security technology company ThreatMetrix for £580m in cash.
Poly Glorious to buy MayAir for £50.4m in cash
AIM-listed MayAir, a manufacturer, developer and provider of air filtration equipment and clean air solutions, has agreed to be bought by Poly Glorious for 120p per share in cash, valuing the group at around £50. 4m.
Spectris buys Concept Life Sciences for £163m
Spectris on Friday said it had bought Concept Life Sciences from Equistone Partners Europe and company management for £163m on a debt and cash-free basis.
Dechra buys 2 Netherlands pharma firms for €340m
Veterinary pharma company Dechra said it was buying Netherlands-based AST Farma and Le Vet for €340m.
Gordon Dadds acquires Bristol-based solicitors Metcalfes
Acquisitive law firm Gordon Dadds has snapped up Bristol-based solicitors firm Metcalfes Solicitors.
Lauda beats IAG in race to buy Niki from Air Berlin administrators
British Airways owner IAG has been beaten by former race car driver Niki Lauda to buy Niki, the Austrian airline he founded in 2003, administrators said on Tuesday.
Bacardi buys Patron in $5bn deal
Bermuda-based drinks giant Bacardi is to take control of Patrón tequila in a deal valuing the Mexican spirit-maker at $5. 1bn.
Base Resources completes Toliara Sands acquisition
Western Australia-based mineral sands producer Base Resources has completed its acquisition of the Toliara Sands Project in Madagascar with an upfront payment of $75m made to World Titane Holdings' wholly owned Mauritian subsidies.
ADM makes bid for Bunge, Glencore seen lying in wait
US grain merchant Archer Daniels Midland (ADM) has proposed a takeover of New York-based agribusiness Bunge, a move that could potentially set off a bidding war with rival Glencore.
AIG reaches deal to acquire Bermudian insurer for $5.56bn
Global insurance company American International Group (AIG) has inked a deal to acquire Bermuda-based insurer and reinsurer Validus Holdings for $5. 56bn, as the group's new chief executive looked to reverse nearly ten years' worth of asset declines as a result of its near collapse in 2008.