M&A
Playtech in talks over TradeTech sale
Gambling software company Playtech has confirmed that it is in talks with a number of parties about the possible sale of its financials division, TradeTech.
Delivery Hero buys InstaShop for $370m
Delivery Hero has bought InstaShop, a Middle East and North Africa online grocery platform, for $370m (£280m) to capitalise on the boom in delivery services spurred by the Covid-19 crisis.
CMA gives Breedon 5 days to address concerns over Cemex deal
The Competition and Markets Authority has given Breedon five working days to put forward some remedies after it found that the construction materials group’s £178m acquisition of Cemex raises competition concerns.
Pebble Beach considers deals after earnings drop
Pebble Beach Systems said it was considering acquisitions as the company reported a 25% drop in first-half earnings caused by the Covid-19 crisis.
Aveva buys US tech firm OSIsoft for $5bn
UK software group Aveva said it had agreed to buy US-based real-time data software maker OSIsoft for $5bn including debt.
LVMH's purchase of Tiffany to take three more months - report
LVMH will take another three months to complete its acquisition of Tiffany after the deal failed to close on the 24 August deadline, according to a report.
Takeda sells consumer business to Blackstone for £1.7bn
Japan's Takeda Pharmaceutical has agreed to sell its consumer healthcare business to US private equity firm Blackstone for 242bn yen (£1. 7bn) in the Japanese company's latest deal to reduce debt and focus on more complex treatments.
BT surges as board said to be on alert for takeover approach
BT shares surged on Monday following a weekend report the company is on alert for takeover approaches after the collapse in its share price.
Frasers buys DW Sports assets for £37m
Mike Ashley’s Frasers Group said it had bought the gym and fitness business of Dave Whelan Sports for £37m.
Bunzl buys US, Irish firms for undisclosed sum
International distribution and services group Bunzl said it had bought a US-based safety business and a flexible packaging distributor in Ireland for an undisclosed sum.
Shanta Gold signs off on Barrick Kenya asset buy
East Africa-focused gold producer Shanta Gold said it had completed the acquisition of Barrick's Acacia Exploration on Wednesday.
BAE Systems buys Bristol-based data consultancy Techmodal
BAE Systems has bought Bristol-based data consultancy and digital services company Techmodal for an undisclosed sum.
Johnson & Johnson to buy Momenta Pharmaceuticals in $6.5bn deal
Shares of biotechnology company Momenta Pharmaceuticals surged on Wednesday after it agreed to be bought by Johnson & Johnson in a $6. 5bn deal.
Capita rallies amid talk of interest in education business
Capita shares rallied on Wednesday, with traders pointing to speculation that there has been some interest in the outsourcer’s education software solutions business.
CMA to investigate Marston's-Carlsberg JV
The UK Competition and Markets Authority said on Wednesday that it is considering whether the brewing joint venture between Marston’s and Carlsberg would damage competition.
BBGI Sicav purchases remaining 50% stake in PPP Project
BBGI Sicav has bought the remaining 50% stake which it did not yet own in the Kelowna and Vernon Hospitals public-private partnership project.
Diageo to buy Aviation Gin and Davos Brands for up to $610m
Drinks giant Diageo has agreed to buy Aviation American Gin through the acquisition of Aviation Gin and Davos Brands for up to $610m.
Sanofi to buy Principia Biopharma for $3.68bn
French pharmaceutical group Sanofi has agreed to buy US rival Principia Biopharma for $3. 68bn, further strengthening its core research and development areas of autoimmune and allergic diseases.
Playtech's Jason Ader makes case for takeover by DraftKings
Playtech investor, Jason Ader, believes that DraftKings should make an all share acquisition offer for Playtech.
Liberty Global to buy Switzerland's Sunrise Communications
US cable company Liberty Global has agreed to buy Swiss telecommunications group Sunrise Communications for CHF5bn (£4. 2bn) in cash, or CHF110 per share.