M&A
TalkTalk tanks as it pulls the plug on B2B business sale
Shares in TalkTalk tanked on Friday afternoon after the company said it had jointly agreed with Daisy Group not to go ahead with the sale its direct B2B business that was announced last month.
Elementis to buy talc additives maker Mondo Minerals
Specialty chemicals group Elementis has agreed to buy Netherlands-based industrial talc additives producer Mondo Minerals from Advent International for an enterprise value of $600m on a cash free, debt free basis.
Amazon bids $1bn for online pharmacy after launching courier firm
Online retail colossus Amazon agreed to acquire online pharmacy PillPack for a reported $1bn cash - a move which prompted a sharp drop in the shares of large American drugstore chains on Thursday.
Novacyt buys Omega Diagnostics' infectious disease business
In-vitro diagnostics firm Omega Diagnostics on Thursday struck a deal for the disposal of its infectious disease business, ID Assets, to clinical diagnostics specialist Novacyt for up to £2. 175m.
Petrofac sells Chergui gas field stake to Perenco
Petrofac has agreed to sell its stake in Tunisia's Chergui gas field to Perenco as the UK energy company disposes of peripheral assets to conserve capital.
Takeda shareholder group fails first attempt to block Shire deal
A group of Takeda Pharmaceutical shareholders has failed in its bid to try to block Japanese company's $62bn takeover of London-listed Shire.
JCDecaux to buy Australia's APN Group for AUD1.12bn
French outdoor advertising company JCDecaux has agreed to buy Australian billboard group APN Outdoor for AUD1. 12bn, or AUD6. 70 per share in cash.
Inmarsat slumps as Eutelsat walks away
Inmarsat crashed back down to earth with a bang on Tuesday as France’s Eutelsat said it was not planning on making an offer for the company.
GE to spin off healthcare and sell Baker Hughes stake
General Electric will spin off its healthcare division and sell its stake in Baker Hughes, the oil services company, as the ailing US conglomerate sheds peripheral businesses and seeks to cut its debt.
appScatter agrees to revised terms of Priori acquisition
AIM-quoted business-to-business software firm appScatter has agreed to revised terms for its acquisition of German mobile app intelligence provider Priori Data.
General Electric to sell distributed power business to Advent for $3.25bn
General Electric has agreed to sell its Distributed Power business to private equity firm Advent International for $3. 25bn as it looks to simplify its structure.
Inmarsat rallies as Eutelsat says it's evaluating possible offer
Satellite operator Inmarsat rallied on Monday as France's Eutelsat confirmed it is currently evaluating a possible offer for the company.
IWG courted by four suitors as Terra Firma enters the chase
Serviced office group IWG has been approached by another private equity suitor about a potential takeover, with Terra Firma entering the fray.
Inmarsat rockets as potential suitor Echostar takes stake
Satellite operator Inmarsat surged as potential suitor, US rival Echostar, disclosed a stake in the company.
Alliance Pharma completes £60m Nizoral acquisition
AIM-quoted speciality pharmaceutical company Alliance Pharma completed its £60m acquisition of Nizoral, a medical, anti-dandruff shampoo brand, on Friday.
Web.com agrees to be bought by Siris Capital in $2bn deal
Web. com Group, a provider of internet services and online marketing solutions, has agreed to be bought by an affiliate of Siris Capital Group in an all-cash deal valued at around $2bn.
Sainsbury's deal needs more clarity, Shore analysts say
Sainsbury’s takeover of Asda could get competition clearance but much about how the deal will play out remains unclear, Shore Capital analysts said.
Dunedin Smaller Co's proposes merger with Standard Life UK trust
London-listed investment trust Dunedin Smaller Companies has agreed, in principle, to a merger with Standard Life UK Smaller Companies Trust after undertaking a strategic review of the company and its position in the UK smaller companies sector.
Disney makes fresh bid for Fox, sending Sky higher
Sky shares spiked on Wednesday as 21st Century Fox agreed a new deal for Disney to acquire most of its entertainment assets.
Mirror owner wins approval for takeover of Express, Star newspapers
Daily Mirror owner Reach Plc has been given the all-clear for its takeover of the Express and Star newspapers from Northern & Shell by regulator Ofcom and the competition authority.