M&A
Whiting, Oasis Petroleum announce $6bn merger
US shale producers Whiting and Oasis Petroleum announced a $6bn merger on Monday.
CMA clears Pennon’s £425m Bristol Water acquisition
The Competition and Markets Authority has cleared Pennon’s £425m acquisition of Bristol Water.
Spectris pulls £1.7bn bid for Oxford Instruments, citing Ukraine war
Spectris has pulled its £1. 7bn bid for Oxford Instruments, citing global market uncertainties caused by the “deplorable” events in Ukraine after the Russian invasion.
Meggitt predicts takeover will complete as probe report looms
Meggitt said it expected its takeover by a US rival to complete despite a competition investigation as improving market conditions helped the engineer return to an annual profit.
Workspace to buy McKay Securities in £272m deal
Office space provider Workspace has agreed to buy commercial property investment company McKay Securities for £272m.
Bain, CVC abandon pursuit of Boots - report
A consortium comprising Bain Capital and CVC Capital Partners reportedly decided last week not to submit an offer for high street chemist Boots.