M&A
Jones Lang LaSalle to buy HFF in $2bn deal
Jones Lang LaSalle has agreed to buy capital markets services provider HFF in a cash and stock deal worth about $2bn.
ECB scepticism could threaten Deutsche-Commerzbank deal
Deutsche Bank’s mooted merger with Commerzbank could face opposition from the European Central Bank after the eurozone’s leading financial supervisor said he disliked the idea of national banking champions.
Commerzbank and Deutsche Bank confirm merger talks; shares jump
Shares in Deutsche Bank and its smaller rival Commerzbank rallied on Monday, after the two banks confirmed long-held speculation they were in merger talks.
JD Sports agrees to buy Footasylum
JD Sports Fashion has agreed to buy smaller rival Footasylum for 82. 5p per share in cash, around half the price at which it floated less than a year and a half ago.
Interserve's support services arm attracts Mitie, Serco
Mitie and Serco are among interested suitors for a single part of Interserve, after their fellow oursourcer called in the administrators on Friday.
FIS to buy Worldpay in $43bn cash and stock deal
Payments processor Worldpay has agreed to be bought by US financial services technology company FIS in a $43bn deal.
Spirax-Sarco to buy Paris-based Thermocoax for €158m
Spirax-Sarco Engineering has agreed to buy electrical thermal solutions business, Thermocoax, for €158m (£139m).
Charter Court and OneSavings Bank confirm recommended merger
OneSavings Bank and Charter Court Financial Services have agreed terms of a recommended all-share merger, under the same terms as suggested at the start of the week.
Ashley offers Debenhams £150m loan - with strings attached
Sports Direct has offered Debenhams an alternative to the £150m loan it is seeking, with the proviso that Mike Ashley would take over as chief executive.
Brookfield Asset Management to buy majority stake in Oaktree Capital
Canadian alternative investment group Brookfield Asset Management has agreed to buy a majority stake in Oaktree Capital Management.
Manx Telecom leaps on Basalt's £255m takeover bid
Manx Telecom's shares climbed on Wednesday after the company announced it has reached an agreement for a £255m takeover, while the business also reported a jump in annual revenue.
Capita in talks to sell travel unit
Capita is in talks to sell its travel business, the outsourcer said on Tuesday.
Smith & Nephew to buy US biotech Osiris Therapeutics for $19 a share
Medical devices maker Smith & Nephew has agreed to buy US biotechnology company Osiris Therapeutics for $19 per share, which is an enterprise value of around $660m.
Barrick withdraws bid for Newmont, forms joint-venture instead
North American natural resources outfits Barrick Gold and Newmont Mining have agreed to form a joint-venture, combining their mining operations, assets, reserves and talent in the US state of Nevada.
Nvidia to buy Israel's Mellanox in $6.9bn deal
Nvidia has agreed to buy Israeli chipmaker Mellanox Technologies for $125 per share in cash, which represents a total enterprise value of around $6. 9bn.
Charter Court and OneSavings rise after confirming merger talks
Challenger banks Charter Court Financial Services and OneSavings Bank confirmed that they are in advanced talks about a potential merger to create a “leading specialist mortgage lender in the UK”.
Deutsche Bank and Commerzbank begin merger talks - reports
Shares in Commerzbank and Deutsche Bank have surged on speculation that Germany’s biggest banks are in merger talks.
Provident Financial says NSF's hostile bid risks jeopardising turnaround
Doorstep lender Provident Financial said on Monday that the £1. 3bn hostile bid from Non-Standard Finance risks jeopardising the company's turnaround after its smaller rival published its offer document over the weekend.
Debenhams bites back as Sports Direct unveils new coup
Debenhams said it was "disappointed" after Sports Direct called an extraordinary shareholder meeting to remove all but one of the current board and to appoint the sports chain's founder Mike Ashley as its new boss.
RPC to recommend new offer from Berry Global
US plastics group Berry Global has made a cash offer of 793p per share for UK rival RPC Group, giving the company a value of £3. 34bn.