M&A
Cardtronics surges on buyout offer from Apollo, Hudson
Cardtronics shares surged on Wednesday after the US ATM operator said it had received a $31. 00 per share in cash buyout offer from funds managed by affiliates of Apollo Global Management and Hudson Executive Capital.
Tesco meets conditions for sale of Thai & Malaysian businesses
Tesco has now met all the conditions for the sale of its businesses in Thailand and Malaysia and the disposal is expected to complete later this month, paving the way to a special dividend for shareholders.
Aberdeen Standard Investments acquires stake in Tritax Management
Aberdeen Standard Investments will acquire a 60% stake in real estate investment trust Tritax Big Box's manager, Tritax Management.
G4S rejects GardaWorld offer after accepting rival Allied Universal bid
Security firm G4S on Wednesday rejected an increased offer from Canada’s GardaWorld, just hours after accepting a rival higher bid from US firm Allied Universal.
G4S agrees to £3.8bn takeover bid from US rival Allied Universal
Security services firm G4S has agreed to be bought by smaller US rival Allied Universal for 245p per share in cash, in a deal that values the company at around £3. 8bn.
Studio Retail puts itself up for sale, shares jump
Studio Retail Group has put itself up for sale after ceding to the concerns of Mike Ashley’s Frasers Group, its largest shareholder.
Kaz Minerals lifts full-year copper, gold production guidance
Kaz Minerals lifted its full-year copper and gold production guidance on Tuesday, as it said Nova Resources has changed its £3bn offer for the company to a straight takeover offer.
Euromoney buys US-based WealthEngine for $14.5m
Euromoney Institutional Investor has announced the acquisition of WealthEngine, a US SaaS platform providing data-driven intelligence and predictive analytics to wealth managers, luxury brands and not-for-profit organisations, for $14. 5m.
Frasers confirms talks on potential Debenhams rescue bid
Mike Ashley's Frasers Group confirmed it was in talks with administrators of retail chain Debenhams on a potential rescue, but warned “time is short” to do a deal.
Elementis rejects third offer from US rival Minerals Technologies
Chemicals company Elementis said on Monday that it has rejected a third takeover offer from US rival Minerals Technologies of 130p a share, arguing that it significantly undervalues the business.
Rolls-Royce to offload nuclear instrument unit to France's Framatome
Rolls-Royce has agreed to sell its French civil nuclear business to EDF-controlled Framatome, the blue chip engineer announced on Monday.
Kingspan said to be among final bidders for Firestone Building Products
Irish building materials company Kingspan and Standard Industries were said on Monday to be among the final bidders competing for Firestone Building Products, a unit being sold by Japanese conglomerate Bridgestone.
Lone Star bumps up offer for McCarthy & Stone
Lone Star has sweetened its bid for London-listed retirement housebuilder McCarthy & stone.
IMImobile agrees to £543m takeover by Cisco
Cisco Systems has agreed to buy IMImobile for £543m in cash to improve the US company's customer experience service.
Connells ups Countrywide bid to £112m
Connells has increased its offer for Countrywide to lodge a cash bid valuing the estate agent company at £112. 1m excluding debt.
Learning Technologies acquires eThink Education
Digital learning services provider Learning Technologies has acquired eThink Education for an initial cash consideration of $20. 0m.
Telit rejects £259m cash approach from Dbay
Telit rejected a £259m takeover approach from Dbay Advisors but said it was still in talks with the private equity firm and u-blox about a possible deal.
CLS Holdings buys offices in UK, Germany for £56m
Property investor CLS Holdings said it was buying office properties in Germany and the UK for a combined £55. 9m.
Alchemy reveals shareholder support for Countywide deal
Alchemy Partners said it had the support of almost 45% of Countrywide's shareholders for its proposed offer for the company.
Allfunds pulls out of running to buy Nucleus
Allfunds has pulled out of talks to buy Nucleus Financial, narrowing the range of potential bidders for the fintech company.