M&A
Debenhams leaves door open to Ashley as secures £200m refinancing
Debenhams has secured £200m of cash from its lenders but said it remained open to Sports Direct making a takeover offer or underwriting a rights issue or a loan of its own.
German auto parts maker ZF Friedrichshafen to buy US rival Wabco for $7bn
German auto parts maker ZF Friedrichshafen has agreed to buy US rival Wabco for $7bn.
Deutsche Bank considering raising billions of extra capital - report
Shares in Deutsche Bank have slipped following reports that the bank is considering raising as much as €10bn as part of ongoing merger negotiations with smaller rival Commerzbank.
Mattioli Woods snaps up pension advisory firm SSAS Solutions
Wealth management firm Mattioli Woods has announced the acquisition of Belfast-based pension advisory group SSAS Solutions for up to £4. 01m, in a deal that is expected to be earnings-enhancing in the first full year of ownership.
CEPS acquires pattern book and shade card maker
AIM-listed investor CEPS has agreed to acquire Yorkshire-based pattern book and shade card maker Travelfast for a maximum consideration of £1. 2m on Thursday.
Centene to buy smaller rival WellCare in $17.3bn deal
US health insurer Centene has agreed to buy smaller rival WellCare in a $17. 3bn cash and stock deal.
Sports Direct proposes possible offer for Debenhams
Sports Direct boss Mike Ashley has proposed a possible 5p-per-share takeover offer of Debenhams as long as the department store group immediately appoints him as its chief executive and cancels its current refinancing plans.
Debenhams jumps as Sports Direct mulls cash offer
Mike Ashley's Sports Direct said on Monday night that it was considering a possible cash offer for Debenhams in order to avert a refinancing process by the department store group that could wipe out its 30% stake.
Newmont to pay special dividend if shareholders approve Goldcorp deal
Newmont Mining said on Monday that it would pay its shareholders a special dividend of $0. 88 a share if they approve its $10bn acquisition of Goldcorp.
Lonmin paints bleak picture as it calls on shareholders to back takeover
Lonmin issued a stark warning on Monday, telling investors it does not have the funds needed to sustain the business long-term, and urged them to back a takeover offer from rival miner Sibanye-Stillwater.
Provident Financial urges shareholders to reject NSF offer
Doorstep lender Provident Financial has once again urged its shareholders to reject a £1. 3bn hostile bid from smaller rival Non-Standard Finance, as it announced the appointment of a new managing director of Vanquis Bank.
Mike Ashley lashes out at Debenhams after latest tilt rebuffed
Sports Direct has criticised Debenhams, after the beleaguered department store refused to sell billionaire Mike Ashley its Danish business.
Inmarsat agrees take-private offer from Apax consortium
A consortium of funds led by Apax Partners has made a $3. 4bn (£2. 6bn) offer to take satellite communications provider Inmarsat private.
IFG Group agrees to £206m Epiris takeover deal
Financial services company IFG Group said on Monday that it has agreed to be bought out by private equity firm Epiris in a £206m deal, as it released its final results.
Sainsbury's and Asda offer to sell up to 150 stores
Sainsbury and Asda have to offered to sell between 125 and 150 supermarkets, plus a number of convenience stores and petrol stations, to another grocery rival or a new entrant in a bid to persuade authorities to allow their merger.
RPC suitor Berry says offer is final
Berry Group has said it will not make a higher takeover offer for RPC Group unless the UK plastics manufacturer receives a better bid from someone else.
Inmarsat takes off after confirming private equity talks
Satellite communications group Inmarsat confirmed on Tuesday evening that it was in talks with a consortium of private equity companies after receiving a $3. 3bn proposal to buy the company out in January.
Pfizer buys 15% stake in French gene therapy company Vivet
US pharmaceutical group Pfizer has bought a 15% stake in Vivet Therapeutics and now has an exclusive option to buy out the rest of the privately-held French gene therapy company.
Findel reiterates rejection of Sports Direct offer
Home shopping company Findel has responded to the posting of an offer document by Sports Direct, urging its shareholders to take no action and reaffirming its view that it "significantly" undervalues the group.
Aeris Resources offers $575m for Glencore's CSA copper mine
Australian copper producer Aeris Resources has offered to buy Glencore's CSA copper mine in New South Wales for $575m.