M&A
Billionaire Philip Day makes move for embattled Bonmarche
Retail billionaire Philip Day has offered to buy Bonmarche for about £5. 7m after purchasing more than half the struggling fashion chain’s shares.
Provident Financial Group questions NSF's track record
Provident Financial group has called into question the merits of the recent hostile takeover bid launched by rival sub-prime lender NSF, including by questioning the company's track record on dividend payouts and distributions.
Kellogg's offloads Keebler and Famous Amos brands to Ferrero
Food manufacturer Kellogg's revealed on Monday that it will be selling its Keebler, Famous Amos and fruit snacks businesses to Nutella-maker Ferrero for a total of $1. 3bn.
BBC and Discovery strike £200m deal to split up UKTV
The BBC has struck a £200m deal with American pay-TV giant Discovery to break up UKTV, the broadcaster behind channels such as Dave and Gold.
DSV to buy Panalpina in £3.5bn pan-European deal
Panalpina and DSV have agreed a multi-billion pound tie-up which will create the one of the world’s biggest freight specialists, ending weeks of takeover speculation between the two logistics firms.
Warehouse REIT snaps up industrial unit on M62
Specialist investor Warehouse REIT has acquired a 53,000 square foot single-let industrial unit in West Yorkshire just days after raising £76. 48m-worth of equity.
Randall & Quilter acquires Irish insurance firm
Run-off insurance investor Randall & Quilter completed its acquisition of Irish insurance firm Western Captive Insurance Company on Monday.
Sports Direct holds back from Debenhams bid
Rather than emerge with a full takeover bid, Sports Direct has prepared a template letter for other shareholders in Debenhams to use as part of boss Mike Ashley's push to install himself as chief executive of the troubled department store group.