M&A
Faroe Petroleum holds firm as DNO urges shareholders to accept offer
Norwegian oil producer DNO has encouraged the shareholders of Faroe Petroleum to accept its 152p a share offer by 2nd January.
Visa to buy Earthport in £198m deal
Visa Inc has agreed to buy London-listed Earthport, which provides cross-border payment services to banks and businesses, in a £198m cash deal.
France's Vinci to buy majority stake in Gatwick airport
French public facilities developer Vinci has agreed to buy a majority stake in Gatwick airport in the new year.
Evraz confirms looking at potential coal JV with Sibuglemet
Evraz confirmed on Thursday it was looking at a potential combination of coal assets with fellow producer Sibuglemet.
Tritax Big Box signs deal on Durham logistics centre
Tritax Big Box REIT said it had completed contracts for the forward funded development of a new logistics centre near Durham to an unnamed retailer for £147. 3m.
Keywords Studios buys Quebec-based Sunny Side Up
Keywords Studios said on Friday that it has agreed to buy Quebec-based Sunny Side Up from its founder Thomas Giroux for CAD5. 9m and that it expects adjusted pre-tax profit for the year to be in line with analysts' expectations.
Takeaway.com to buy Delivery Hero's German business in EUR930m deal
Dutch online food delivery company Takeaway. com has agreed to buy the German business of Delivery Hero for around €930m in cash and shares.
RPC wrangles another takeover deadline extension
Plastic packaging specialist RPC Group has again pushed back the deadline for private equity firm Apollo Global Management to make a takeover offer.
Faroe Petroleum rebuffs DNO offer again, urges shareholders to reject it
Faroe Petroleum once again rejected an offer from Norwegian oil producer DNO on Thursday, dismissing it as "opportunistic" and urging its shareholders to do nothing.
Greencoat Wind buys Scottish project for £45m
Renewable infrastructure fund Greencoat UK Wind on Thursday said it was buying the Douglas West wind farm in Scotland from Blue Energy for £45m.
Coats buys Asia's ThreadSol for up to $12m
Industrial thread maker Coats said it had bought Asia-based material planning company ThreadSol for up to $12m in cash.
Direct Line said to be considering £400m bid for L&G division
FTSE 100 insurer Direct Line Insurance Group is said to be mulling a £400m move on Legal & General’s general insurance arm.
3M to buy technology business for M*Modal in $1bn deal
3M has agreed to buy the technology business of M*Modal for an enterprise value of $1bn.
Flybe climbs as Virgin confirms talks ongoing
Virgin Atlantic said on Wednesday that it still in talks with Flybe about potentially making a takeover offer for the regional carrier.
GSK concocts Pfizer consumer health merger and spin-off
Pharma giants GlaxoSmithKline and Pfizer have struck a deal to combine their consumer health businesses into a joint venture generating £10bn of annual sales, which will later be spun off as a separate listed company.
Inland Homes acquires residential development site in Dagenham
Housebuilder Inland Homes has exchanged contracts on a major residential development site in East London.
Smith and Nephew acquires US orthopaedics outfit
Medical technology outfit Smith and Nephew has agreed to acquire Ceterix Orthopaedics in a deal valued as much as $105m.
Shell explores Endeavor acquisition following price drop - reports
Oil giant Royal Dutch Shell has begun negotiations to acquire North Sea explorer Endeavor Energy for around $8bn, roughly half of what the Texan outfit was expected to go for when it put itself up for sale earlier this year, according to reports.
Credit Suisse sees risks ahead for Intu, cuts recommendation
Credit Suisse has cut its target price for Intu Properties and reduced its recommendation to ‘underperform’ as hopes of renewed takeover interest fade.
Grainger in £77m Birmingham rental project deal
Listed private residential landlord Grainger on Tuesday said it had agreed to forward fund and acquire a 373-home rental development at Exchange Square in Birmingham for £77m.