M&A
Tritax Big Box to build £68m logistics centre in Merseyside
Tritax Big Box on Friday said it had exchanged contracts to build a new logistics sorting centre in Merseyside for £68. 7m.
Sainsbury's slips as CMA sees 463 problem areas in Asda merger
UK competition authorities have found 463 local areas where the proposed merger between Sainsbury's and Asda would be problematic.
Equiniti buys govt stake in pension JV for £8m; extends contract
Pensions administration specialist Equiniti said it had extended its contract with the Cabinet Office and buying out the government department's stake in a joint venture for £8m.
Inspire Brands to buy Sonic Corp in $2.3bn deal
Restaurant company Inspire Brands - the owner of Arby’s, Buffalo Wild Wings and Rusty Taco - has agreed to buy Sonic Corp in a $2. 3bn deal that includes the assumption of Sonic’s net debt.
Michael Kors strides into European luxury market with $2.1bn Versace takeover
US fashion giant Michael Kors confirmed a $2. 1bn takeover of Italian high-end fashion house Versace on Tuesday, giving the former a route into the European luxury fashion market.
Comcast's Sky bid goes mandatory after it buys 30% stake
Comcast said it had bought more than 30% of Sky’s shares to make its £30. 6bn cash bid for the UK broadcaster mandatory.
Randgold agrees no-premium merger with Canada's Barrick Gold
Randgold Resources has agreed to nil-premium merge with larger Canadian rival Barrick Gold to create the largest gold mining company in the world.
Sky urges shareholders to accept deal as Comcast outbids Fox
Sky urged its shareholders on Monday to accept a takeover offer from US cable company Comcast after it outbid Rupert Murdoch’s 21st Century Fox for the London-listed broadcaster.
Versace said to be nearing $2bn sale to Michael Kors
Versace is on the cusp of agreeing a deal to be ought by US fashion giant Michael Kors in a deal that values the Italian fashion house at $2bn, according to reports.
Carrefour denies takeover talks with rival Casino
French supermarket group Carrefour has denied making an approach to Casino after its rival said it had been contacted about a possible combination.
Uber in talks to take over Deliveroo, hitting Just Eat
Uber is in early-stage talk to buy Deliveroo to boost its food delivery services, news that sent Just Eat shares sagging to a one-year low.
Sky suitors auction to decide takeover by end of week
An auction to decide the buyer of Sky will be decided by Saturday evening after the battle between 21st Century Fox and Comcast reached a stand-off.
Minoan lops off Stewart Travel arm
Glasgow-based travel and leisure company Minoan has agreed to sell its subsidiary Stewart Travel for a total of £6. 56m.
CMA refers Sainsbury's-Asda merger to Phase-2 investigation
Sainsbury's merger with Asda has been referred to an in-depth probe by competition regulators with a deadline of March next year.
Marsh & McLennan to buy Jardine Lloyd Thompson for £4.3bn
Shares in Jardine Lloyd Thompson surged on Tuesday after the insurance broker agreed to be bought by US professional services firm Marsh & McLennan Companies (MMC) for around £4. 3bn.
ITV dips on reports of interest in MasterChef producer Endemol
ITV shares fell on Monday after weekend reports linking it with the potential acquisition of the production company responsible for MasterChef, Big Brother and Peaky Blinders.
Shire gains as takeover approved by China
Japan's Takeda Pharmaceutical has received regulatory approval from China for its $62bn takeover of London-listed Shire.
Investec Asset Management to be spun out as separately listed company
Investec announced the demerger and listing of Investec Asset Management on Friday, following a strategic review process carried out by its board and executive directors.
Takada eyeing potential Shire asset sales to pay down debt
Takeda Pharmaceutical may try and sell Shire's dry-eye drug once it completes the $62bn takeover purchase of the UK-listed biotech, according to a report on Thursday.
CPP acquires stake in Indian business process management firm Globiva
CPP has looked to expand its interest in India with a strategic investment in local business process management outfit Globiva.