M&A
HSBC in final talks to sell French retail bank - report
HSBC is in final talks to sell its French retail banking business to Cerberus, a private equity firm, for a token price Reuters reported.
Lumentum raises Coherent bid proposal to $6.9bn
Lumentum has increased its proposed offer for Coherent to $6. 9bn (£5bn) - the biggest so far in a three-way tussle to buy the US optical fibre company.
LondonMetric buys two properties for £31.2m
LondonMetric Property said it had bought two warehouses in Milton Keynes for a total of £31. 2m.
Roche to buy US-based GenMark Diagnostics in $1.8bn deal
Switzerland’s Roche said on Monday that it has agreed to buy US-based GenMark Diagnostics for $24. 05 a share or $1. 8bn, in an all-cash deal.
Blackstone, Starwood buy Extended Stay for $6bn
Blackstone and Starwood Capital have agreed to pay $6bn (£4. 3bn) to buy Extended Stay America in a bet the hotel group will prosper as the US economy reopens.
DCC buys primary care supplier Worner for €80m
Sales, marketing, and support services group DCC has agreed to buy Wörner, a supplier of medical and laboratory products to the primary care sector in Germany and Switzerland, for around €80m.
JD Sports moves into Eastern Europe with MIG stake
JD Sports Fashion made its first foray into central and eastern Europe after buying a 60% stake in Poland’s Marketing Investment Group (MIG).
Talks between Hikma and GlaxoSmithKline fail to secure a deal
Talks between Hikma Pharmaceutical and drugs giant GlaxoSmithKline have ended, the generics group confirmed on Thursday.
Talend to go private in $2.4bn deal with PE firm Thoma Bravo
Data solutions company Talend has agreed to be bought by private equity firm Thoma Bravo in a $2. 4bn deal.
Avast to sell Family Safety Mobile business for $66m
Digital security company Avast said on Tuesday that it has agreed to sell its Family Safety Mobile business to Smith Micro Software for $66m.
Entain's £316m bid for Enlabs secures regulatory backing
Entain’s £316m offer for Sweden's Enlabs has received the backing of all relevant regulators, the blue chip said on Tuesday.
Paypal to buy crypto security firm Curv
PayPal has agreed to buy Tel Aviv-based Curv, a provider of cloud-based infrastructure for digital asset security, for an undisclosed sum.
Apollo and Athene to form $29bn conglomerate
Apollo Global Management has agreed to merge with Athene Holding in a deal that will turn the US alternative asset manager into a conglomerate with businesses ranging from private equity to life insurance.
DuPont to buy Laird Performance Materials from Advent for $2.3bn
DuPont has agreed to buy Laird Performance Materials from private equity firm Advent International for $2. 3bn in cash.
Panasonic to buy Blue Yonder for $6.5bn
Panasonic Corp is set to buy US software firm Blue Yonder for $6. 45bn in its biggest acquisition deal since 2011, Nikkei reported on Monday.
GardaWorld extends G4S offer deadline
Canada’s GardaWorld has extended the deadline for shareholders to accept its £3. 68bn offer for G4S.
Arrow signals intent to accept £545m bid proposal
Arrow Global said was it was likely to accept an improved bid proposal from TDR Capital valuing the company at about £545m.
Spirent buys US-based octoScope for $55m
Technology company Spirent Communications said it had bought US peer octoScope for $55m in cash.
Aggreko agrees £2.3bn sale to private equity groups
Aggreko has agreed to be bought by two private equity firms in a cash deal valuing the FTSE 250 company at £2. 3bn.
Aviva posts 1% profit dip as it quits Italy
Aviva posted a 1% drop in annual profit as the insurer announced the disposal of its Italian business and a move to reduce debt by £800m.