M&A
Vedanta directors recommend Agarwal buy-out offer
Vedanta Resources has agreed to be taken private by founder and major shareholder Anil Agarwal for a price equivalent to 825p per share.
Disney and Fox shareholders approve merger deal
Shareholders approved Disney’s acquisition of 21st Century’s Fox film and television studios on Friday, which will pave the way for the House of Mouse to add Fox’s networks and intellectual property to its holdings.
BP to buy BHP US shale assets for $10.5bn
BP on Friday said it had agreed to buy BHP’s US shale assets for $10. 5bn.
Government gets power to block takeovers of UK companies
The government will be given more powers to block overseas takeovers that could pose a threat to national security across all sectors of the British economy.
IWG suitors get deadline extension as Prime Opportunities drops out
IWG said on Monday that its suitors - TDR Capital, Terra Firma and Starwood - have been given more time to make an offer for the serviced office group.
Comcast is 'likely' £26bn victor in Sky bidding war
Comcast is thought likely to be the new owner of Sky after the biggest US cable TV company pulled out of a battle to buy Rupert Murdoch’s Fox entertainment empire.
CMA threatens full inquiry for Experian's ClearScore deal
The UK competition regulator has given Experian a week to propose measures to ensure its takeover of ClearScore does not harm consumers or face a full competition inquiry.
Easyjet still interested in Alitalia - report
EasyJet is still interested in Italy's Alitalia after Italy's transport minister said the airline will remain the national flag carrier but needed an operational partner, the Corriere della Sera reported on Friday.
Comcast drops Fox offer to focus on pursuit of Sky
Comcast will focus on bidding for Sky after dropping its interest in 21st Century Fox, the US network said on Thursday.
RPC under pressure from investors over growth plans
Plastics manufacturer RPC saw revenue growth slow in the first quarter and warned that its acquisitive growth plans were being constrained.
European Commission opens investigation into Siemens's proposed merger with Alstom
The European Commission has opened an investigation into Siemens' proposed acquisition of Alstom.
Disney must extend £14 offer to Sky shareholders, watchdog says
Disney must extend its offer to Sky shareholders in order to ensure minority shareholders benefit equally to major shareholder 21st Century Fox, the UK Takeover Panel has ruled.
Caledonia Investments takes majority stake in film lens maker Cooke
Caledonia Investments said it had taken an 89% stake in Cooke Optics, a UK manufacturer of premium-end cinematography lenses for the film, television and advertising industries, in a transaction which values the business at £96. 5m.
DCC says Q1 profits 'well ahead'; unveils 2 acquisitions
DCC said first quarter group operating profit was “well ahead” year-on-year, driven by completed acquisitions.
Battle for Sky hots up as Comcast lifts offer; government clears Fox takeover
The battle for Sky stepped up a notch after US media giant Comcast raised its bid for the London-listed broadcaster, while the UK government cleared a takeover by Fox.
Uber allies with start-up Lime to add rentable scooters on app
Uber announced its new partnership with electric scooter startup Lime on Monday which will allow the company to rent out scooters via its smartphone app.
21st Century Fox bumps up Sky offer, trumps Comcast
Rupert Murdoch's 21st Century Fox has upped its offer for the Sky shares it does not already own to £14 per share, trumping the latest offer from Comcast by around 12%.
NewRiver REIT buys retail & leisure park for £15.3m
NewRiver REIT on Wednesday said it had bought the Hollywood Retail & Leisure Park, Barrow-in-Furness, for £15. 3m.
Cambian surges as it confirms approach from rival CareTech
Social care services group Cambian shot higher on Tuesday after confirming that it has received a proposal from rival CareTech regarding a possible cash and share offer.
Fox mulling higher bid for Sky - report
21st Century Fox is preparing to make a higher bid of around £25bn for Sky in order to both satisfy investor pressure and to outbid rival Comcast, according to reports.