M&A
Liberum raises target price on Boohoo
Analysts at Liberum raised their target price on online fashion retailer Boohoo from 430. 0p to 490. 0p on Friday, arguing that its recently announced acquisition of the remaining 34% stake in Prettylittlething that it didn't already hold was a "very shrewd and positive move".
Capital & Counties in talks over Shaftesbury stake acquisition
Capital & Counties Properties said on Thursday that it is in talks about the potential acquisition of a 26. 3% stake in Shaftesbury.
Amigo announces potential takeover bid but says Richmond not engaging
Amigo Holdings announced on Wednesday a potential takeover offer of 20. 9p a share but said it has been unable to "engage constructively" with controlling shareholder Richmond Group about the offer.
Marston's forms brewing JV with Carlsberg UK
Marston's has formed a new joint venture partnership with Carlsberg UK to create a "best-in-class, brand-led UK brewer of scale" worth around £780m.
Moss Bros to contest Brigadier's latest attempt to scrap takeover
Moss Bros said it would oppose Brigadier's attempt to scrap its £22. 6m bid for the clothing retailer after the UK's takeover regulator allowed Brigadier to appeal against its ruling.
Moss Bros shares jump after buyer told to honour deal
Moss Bros shares jumped after the UK's takeover regulator rejected an attempt by the company's buyer to pull out of the £22. 6m deal because of the Covid-19 crisis.
BT in talks to sell Openreach stake - report
BT shares rose after the company was reported to be in talks with potential bidders for a multibillion-pound stake in its Openreach infrastructure division.
Zoom buys Keybase as it looks to enhance security efforts
Zoom Video Communications has bought secure messaging and file-sharing service Keybase for an undisclosed sum as part of a 90-day plan to enhance its security efforts.
Virgin Media and O2 to join forces in $31bn deal
Broadband provider Virgin Media and mobile phone group O2 are to merge in a $31bn deal, owners Liberty Global and Telefonica announced on Thursday.
CMA blocks JD Sports acquisition of Footasylum
The Competition and Markets Authority has blocked JD Sports Fashion’s acquisition of Footasylum after finding it would leave shoppers worse off.
Telefonica confirms UK business merger talks with Liberty Global
O2 owner Telefonica confirmed on Monday that it is in talks with Virgin Media owner Liberty Global about a potential merger of their UK businesses.
Pendragon says early merger talks with Lookers have ended
Car dealer Pendragon confirmed on Monday that it did approach rival Lookers about a potential merger but said early talks have now ended.