M&A
EC blocks mergers of Siemens and Alstom, Wieland and Aurubis
The European Commission blocked the merger of Siemens and Alstom on Wednesday, saying the deal would have hindered competition and led to higher prices for travellers.
SysGroup to buy Newport-based Certus for up to £9m
Managed IT services and cloud hosting provider SysGroup has agreed to buy Newport-based Certus IT Limited for up to £9m in cash.
Personal Group acquires Innecto in £3m cash deal
Employee services firm Personal Group has conditionally agreed to acquire British pay and reward consultancy Innecto for £3m cash.
HMV sold to Sunrise Records, saving 1,500 jobs
Canadian music retailer Sunrise Records took over the struggling HMV on Tuesday, saving around 1,500 jobs and beating Mike Ashley in the race.
Tesla agrees to buy ultracapacitor maker Maxwell Technologies
Tesla has agreed to snap up battery maker Maxwell Technologies, giving the electric car maker access to exciting ultra-capacitors technology that allows for fast charging and release of energy.
Gannett rejects MNG Enterprises offer, says it's not credible
USA Today publisher Gannett has rejected an unsolicited $12 a share bid from MNG Enterprises, arguing that is not credible and undervalues the group.
Taptica to buy RhythmOne for £135m
Mobile video advertising company Taptica International has agreed to buy RhythmOne for approximately £135m in shares.
Scientific Digital buys Leicester-based Thermal Exchange
Scientific Digital Imaging (SDI) has announced the acquisition of temperature control equipment maker Thermal Exchange for £847,036.
Sunrise Records joins takeover battle for HMV
Canadian music retail chain Sunrise Records has been revealed as leading contender to take over HMV, which is also being tracked by Mike Ashley.
Buyers circle collapsed cafe chain Patisserie Valerie
Collapsed café group Patisserie Holdings has attracted a number of suitors, its joint administrators confirmed on Monday.
Flybe gives shareholders vote on whether to jettison chairman
Troubled low-cost carrier Flybe on Monday said it would call a general meeting to vote on a request by largest shareholder Hosking Partners to replace chairman Simon Laffin.
Avast sells remote managing arm to Barracuda
Cybersecurity provider Avast said it had sold its non-core remote monitoring and management (RMM) product Managed Workplace to Barracuda Networks for an undisclosed sum.
ScS ends talks over Sofa.com, clears way for Mike Ashley
Just days after confirming that it was in talks about the possible acquisition of Sofa. com, ScS said on Friday that the discussions had ended, clearing the way for Mike Ashley.
Telit Communications extends deadline for automotive division purchaser
Telit Communications on Friday granted an extension to the Chinese buyer of its automotive division in order to complete to $105m deal.
SSE to sell stake in Scottish windfarms to Greencoat, fund for £635m
UK energy supplier SSE said it was selling 49. 9% of its Scottish Stronelairg and Dunmaglass wind farms to Greencoat UK Wind and an unnamed UK pension fund for £635m.
Paddy Power buys 51% of Georgia's Adjarabet for £101m
Paddy Power Betfair said it had bought an initial 51% controlling stake in Georgian betting outfit Adjarabet for £101m, adding that it expected to snap up the rest of the company within three years.