M&A
Citrix to be taken private by Vista, Elliott in $16.5bn deal
US software maker Citrix has agreed to be bought by affiliates of Elliott Investment Management and Vista Equity Partners for $16. 5bn in cash.
Barratt Developments snaps up land promotor in £250m deal
Barratt Developments has acquired land promotor Gladman Developments in a £250m deal, the blue chip house builder announced on Monday.
Elliott, Vista said to be nearing deal to buy Citrix
Elliott Investment Management and Vista Equity Partners are reportedly nearing a deal to buy US software maker Citrix Systems for around $13bn.
XP Power in £33m German spending spree
XP Power said it had bought the German firms FuG Elektronik and Guth High Voltage from Dr Simon Consulting for €39m in cash (£32. 8m).
Pearson takes full control of verifier Credly
Educational publisher Pearson on Monday said it had bought the remaining 80% of skills verification operator Credly it does not own for an undisclosed sum.
Cineworld legal battle hots up as Cineplex files cross-appeal
The legal battle between Cineworld and Canada’s Cineplex intensified on Friday as the latter submitted a new claim over compensation.
Wheels Up to buy Air Partner in £84.8m deal
Aviation services group Air Partner surged on Thursday after it agreed to be bought by US private aviation company Wheels Up in a £84. 8m deal.
M&G agrees to acquire Swiss impact investor responsAbility
Global investment manager M&G has agreed to acquire a majority stake in responsAbility Investments, a Swiss impact investor focused on private debt and private equity across emerging markets.
Playtech urges approval of Aristocrat bid after report of possible breakup
Gambling software maker Playtech has again urged shareholders to accept a £2. 7bn takeover offer from Australia’s Aristocrat Leisure after reports it is planning a breakup and sale of the group if the bid is blocked by a bloc of Asia-based investors.
Regulator to probe National Express-Stagecoach merger
The competition watchdog is to investigate the proposed £1. 9bn merger of National Express and Stagecoach, it was confirmed on Wednesday.
Nvidia preparing to abandon Arm deal - report
US tech company Nvidia was said on Tuesday to be preparing to abandon its purchase of chip maker Arm from Softbank after making little to no progress in winning approval for the $40bn deal.
AssetCo to buy River and Mercantile in £98.8m deal
Acquisitions vehicle AssetCo has agreed to buy asset management firm River and Mercantile in an all-share £98. 8m deal.
Kohl's shares rally on takeover interest
Kohl’s share price soared in early morning trading on Monday after a private equity firm was reported to be lining up a rival bid for the in-demand US department store chain.
M&C Saatchi rejects increased offer from suitor
The independent directors of M&C Saatchi have rejected an increased bid from its largest shareholder and chair, the company said on Monday.
Temasek nearing deal to buy Bridgepoint testing business - report
Singapore state-owned investor Temasek was said to be nearing a deal to buy Bridgepoint’s testing business Element Materials Technology for almost $7bn.
Vodafone said to have explored Three UK deal; in talks over Iliad tie-up
Vodafone has reportedly explored a potential acquisition of rival Three UK and been in talks about a potential merger of its Italian business with Iliad.
Unite acquires 270 bed site in Nottingham
Student accommodation developer Unite said it had bought a 270-bed development site in Nottingham's city centre.
Spirax-Sarco buys Cotopaxi for £13.3m
Thermal energy and pumping specialist Spirax-Sarco Engineering said it has bought Cotopaxi, a consulting and optimisation specialist, for £13. 3m.
Photo-Me CEO makes discounted offer for company
Photo-Me chief executive Serge Crasnianski has tabled a discounted bid for the photo booth and vending machine operator, the company said on Friday.
Playtech warns not all investors engaging on bids after Jordan pulls offer
Gambling technology company Playtech reiterated support for a £2. 7bn bid from Aristocrat Leisure after former Formula One boss Eddie Jordan pulled his offer overnight, but warned that new investors with major stakes have not “engaged meaningfully” on the original approach.