M&A
Cobham shareholders back $5bn US takeover
Shareholders in British aerospace and defence company Cobham have backed a $5. 0bn takeover by an American private equity firm.
LSE rejects Hong Kong offer, reiterates commitment to Refinitiv deal
The London Stock Exchange has rejected a £29. 6bn takeover offer from Hong Kong Exchanges and Clearing (HKEX), saying it remains committed to its acquisition of financial data and trading platform provider Refinitiv.
Clintons owners said to be considering sale
The owners of card shop chain Clintons are reportedly looking to sell the business.
SSE sells retail unit to Ovo for £500m
SSE on Friday said it was selling its retail business to OVO Group for £500m comprising £400m cash and £100m in loan notes.
NewRiver REIT buys Dorset retail park via Bravo Strategies JV
Real estate investment trust NewRiver said on Thursday that its joint-venture with PIMCO's Bravo Strategies III fund has exchanged contracts to buy Poole Retail Park in Dorset for £44. 7m.
LSE to consider £29.6bn Hong Kong Exchanges offer; analysts sceptical
London Stock Exchange said on Wednesday that it will consider an "unsolicited, preliminary and highly conditional" £29. 6bn takeover offer from Hong Kong Exchanges and Clearing, as analysts expressed doubts that a deal would occur.
IWG mulling sale of Canadian operations, says Bloomberg
Office space services provider IWG is considering the sale of its Canadian operations, according to a source cited by Bloomberg on Tuesday.
Bovis back in housing merger talks with Galliford, posts record H1 profit
Bovis Homes said on Tuesday that it is back in talks with Galliford Try over a potential merger with its housing business after a cash sweetener was thrown into the mix, as it posted record first-half profits.
Air France-KLM tumbles on reported interest in Aigle Azur
Air France-KLM shares fell sharply on Monday amid reports suggesting that it might be set to table a bid for struggling regional carrier Aigle Azur even as the company warned of the toll that softer economic conditions were taking on its own business.
Intu Properties surges on report of private equity interest
Shares of shopping centre owner Intu Properties surged on Monday following a report over the weekend that private equity firm Orion Capital Managers is considering a buyout.
Eddie Stobart Logistics receives takeover interest from shareholder DBAY
Eddie Stobart Logistics confirmed on Monday that it has received a preliminary expression of interest from DBAY Advisors Limited, which already owns a 10. 1% stake in the company.
Essentra buys Spanish packaging firm for undisclosed sum
Essentra said it had bought Nekicesa Packaging from GED Iberian and EBN Vaccaria for an undisclosed sum.
G4S surges as US-based Brink's said to be interested in cash solutions arm
G4S shares surged on Friday following a report that US cash-handling business The Brink's Company could make a £1bn bid for the security services firm's cash solutions arm.
Kingswood buys Sheffield-based financial planning business
Integrated wealth management firm Kingswood Holdings has acquired Sheffield-based financial planning business WFI Financial.
Just Eat shareholder Eminence Capital to oppose Takeaway.com deal
Just Eat was under pressure as it emerged that shareholder Eminence Capital, a US asset management firm, intends to vote against its planned £9bn merger with Dutch peer Takeaway. com.