M&A
National Express says trading 'slightly ahead' of expectations
National Express on Tuesday said current trading was slightly ahead of expectations as it further expanded European operations with the €13m acquisition of Spanish urban bus operator Transportes Rober.
Hyundai completes acquisition of Boston Dynamics
Hyundai announced on Monday morning that it had completed a deal to acquire robotics company Boston Dynamics.
Morrisons rejects £5.5bn bid from US private equity firm; Shares surge 30%
Shares in UK supermarket chain Morrisons surged by more than 30% on Monday after the firm said it had rejected an unsolicited £5. 5bn bid over the weekend from the US private equity firm Clayton, Dubilier & Rice.
CNH Industrial to buy Raven Industries in $2.1bn deal
Italian-American vehicle maker CNH Industrial said on Monday that it has agreed to buy US precision agriculture company Raven Industries in a $2. 1bn deal.
Ackman SPAC to buy 10% of Vivendi's Universal
Hedge fund billionaire Bill Ackman’s Pershing Square has agreed to buy a 10% stake in Vivendi’s Universal Music Group for $4bn.
Kerry to buy preservatives maker Niacet for €835m
Irish food company Kerry Group said on Monday that it has agreed to buy preservatives maker Niacet for €853m.
HSBC to take $2.3bn hit as it agrees sale of French retail bank
HSBC said on Friday that it has agreed to sell its French retail bank to My Money Group in a deal that will lead to a pre-tax loss of around $2. 3bn.
Sitel to buy Sykes Enterprises in $2.2bn deal
Sykes Enterprises has agreed to be bought by Sitel Group in a $2. 2bn deal.
Kerry to sell meats and meals business to Pilgrim's Pride for €819m
Irish food company Kerry said on Friday that it has agreed to sell its consumer foods' meats and meals business in the UK and Ireland to Pilgrim's Pride for €819m.
Ultra Electronics surges on report it could be a takeover target
Ultra Electronics surged on Thursday following a report the engineering and defence company could be a takeover target.
CMA clears billionaire Issa brothers' Asda takeover
The Competition and Markets Authority has cleared the billionaire Issa brothers’ £6. 8bn takeover of Asda.
Oxfords Instruments to buy Germany's WITec for up to €45m
Scientific equipment maker Oxford Instruments said it had bought Germany’s Wissenschaftliche Instrumente und Technologie (WITec) for up to €42m.
JLEN buys combined heat & power plant owner
Environmental infrastructure fund JLEN said it had bought Cramlington Renewable Energy Developments, which owns a biomass combined heat and power plant, and its underlying contracts for an undisclosed sum.
Sanne in talks with Cinven over new 875p-a-share offer
Asset management services provider Sanne Group said it was in talks with Cinven after the buyout firm made a new 875p-a-share offer for the firm.
Grainger buys Newcastle property for £57m
Residential landlord Grainger said it has bought an apartment building in the English city of Newcastle for £57m.
Dealmaker Patrick Drahi buys 12.1% stake in BT
Patrick Drahi, a multibillionaire telecoms dealmaker, has bought a 12. 1% stake in BT to capitalise on the company's involvement in the rollout of faster broadband in the UK.
Smurfit Kappa buys Peru's Cartones del Pacifico
Packaging group Smurfit Kappa said it had bought Cartones del Pacifico in Peru for an undisclosed sum.
Etsy to buy Depop for $1.6bn
Etsy has agreed to buy Depop, a privately-held, community-led fashion marketplace, for $1. 63bn.
Belvoir to acquire Nottingham Mortgage Services
Property franchise Belvoir Group has exchanged contracts to acquire Nottingham Mortgage Services, a wholly-owned subsidiary of the Nottingham Building Society, for a total consideration of £600,000.
Ferrero-related company to acquire Burton's Biscuit Company
A Ferrero-related company, CTH, announced on Tuesday that it has entered into a definitive agreement to acquire Burton's Biscuit Company from Ontario Teachers' Pension Plan Board.