M&A
Delivery Hero CEO says 'no intention' to buy Deliveroo
The boss of Delivery Hero said on Thursday that the German takeaway food delivery company has no interest in buying London-listed rival Deliveroo.
Stock Spirits agrees £767m takeover with CVC funds, shares surge
Spirits company Stock Spirits surged on Thursday after agreeing to be bought by funds affiliated to private equity firm CVC in a £767m deal.
Meggitt gets unsolicited takeover approach from TransDigm, shares surge
Meggitt shares surged on Wednesday after the defence and aerospace engineer said he it had received an unsolicited takeover approach from US aerospace manufacturer TransDigm at 900p per share in cash.
Avast posts rise in H1 earnings, agrees to be bought by NortonLifeLock
Cybersecurity firm Avast - which has agreed to be bought by US rival NortonLifeLock in a £6. 2bn deal - reported a jump in first-half adjusted earnings and revenue on Wednesday as it backed its full-year revenue guidance.
Carlyle says Vectura offer is final, paves way for PMI
US tobacco giant Philip Morris looks set to potentially clinch the deal for Vectura after rival suitor Carlyle said it would not be upping its offer for the London-listed inhaler maker.
Robinhood to buy Say Technologies for $140m
Robinhood has agreed to buy retail investor relations platform Say Technologies for around $140m in cash.
Marlowe abandons pursuit of Restore
Business software and services company Marlowe said on Tuesday that it does not plan to make an offer for Restore as the two companies have been unable to reach an agreement.
TP Group receives takeover approach from Science Group
TP Group shares jumped after Science Group revealed it bought more than 10% of the company with a view to buying the engineering group.
Philip Morris switches Vectura scheme of arrangement to takeover offer
Philip Morris has switched its bid for London-listed inhaler maker Vectura to a takeover offer from a scheme of arrangement, which means the US tobacco giant will now require a lower level of shareholder approval.
Battle for Vectura could go to auction as Philip Morris lifts bid
Vecura has withdrawn its intention to recommend the sweetened offer made by Carlyle at the end of last week after an increased offer from Philip Morris, as the UK Takeover Panel said the process would be put to auction if both suitors don’t make final bids by Tuesday.
CD&R given more time to make counter offer for Morrisons
US private equity firm Clayton, Dubilier & Rice (CD&R) has been given more time to put forward a takeover offer from UK supermarket chain Morrisons.
Carlyle sweetens offer for Vectura, trumps Philip Morris
Vectura shares surged on Friday after private equity firm Carlyle upped its offer for the inhaler maker to £958m, trumping an earlier offer from US tobacco giant Philip Morris International.
Fortress lifts bid for Morrisons to £6.7bn
Supermarket chain Morrisons has agreed to an increased £6. 7bn takeover offer from a consortium led by SoftBank-backed Fortress Group.
Sanne still in talks with Cinven, offer deadline extended
Sanne said on Friday that it remains in discussions with private equity firm Cinven about a possible offer for the company and that the offer deadline has been pushed back.
Carlyle given more time to consider Vectura offer
Private equity firm Carlyle said on Wednesday that it has been given more time consider whether to go ahead with an offer for Vectura, after it agreed to be bought by US tobacco company Philip Morris in a £1bn deal.
THG to buy online retailer Cult Beauty for £275m
THG said on Wednesday that it has agreed to buy online beauty retailer Cult Beauty for £275m in cash.
Wolverine Worldwide acquires women's sportswear brand Sweaty Betty
Merrell and Saucony parent company Wolverine Worldwide has acquired Lululemon competitor Sweaty Betty from private equity firm L Catterton for $410. 0m.
Sanofi to buy Translate Bio to boost mRNA capabilities
French pharmaceuticals group Sanofi has agreed to buy US clinical stage mRNA therapeutics company Translate Bio in a $3. 2bn deal.
Marvell Technology to buy chip start-up Innovium in $1.1bn deal
Marvell Technology has agreed to buy chip start-up Innovium for $1. 1bn in an all-stock deal.
PepsiCo to sell Tropicana, other juice brands to PE firm in $3.3bn deal
PepsiCo has agreed to sell Tropicana, Naked and other North American juice brands to European private equity firm PAI Partners in a $3. 3bn deal.