M&A
Independent expert gives Woodside-BHP deal seal of approval
Woodside Petroleum’s merger with the petroleum business of BHP Group has been given the seal of approval by an independent expert.
CMA could approve CD&R Morrisons takeover after undertakings
The Competition and Markets Authority said on Thursday that it could approve the takeover of Morrisons by Clayton, Dubilier & Rice after the US private equity firm offered to divest some of its petrol stations to address competition concerns.
Italy's Atlantia faces potential bid war as ACS eyes offer
Italian infrastructure group Atlantia is at the centre of a possible bidding war after Global Infrastructure Partners and Brookfield Infrastructure said they had met with its main shareholder and tabled a preliminary non-binding proposal for a possible takeover.
Pfizer to buy ReViral for up to $525m
Pfizer has agreed to buy ReViral - a privately held, clinical-stage biopharmaceutical company focused on discovering, developing, and commercialising novel antiviral therapeutics that target respiratory syncytial virus (RSV) - for up to $525m.
888, Caesars agree cut in deal price for William Hill intl assets
Gambling firms 888 Holdings and Caesars Entertainment have agreed a cut in the deal value of William Hill’s international assets due to tougher economic and regulatory conditions.
Marshalls raises £187m in accelerated bookbuild to help fund Marley deal
Landscape products manufacturer Marshalls said on Thursday that it has raised around £187m in an accelerated bookbuild to help fund the acquisition of roofing specialist Marley.
Marshalls to buy roofing specialist Marley for £535m
Stone and concrete landscape products maker Marshalls said on Wednesday that it has agreed to buy roofing specialist Marley from private equity firm Inflexion for £535m, with part of the consideration to be funded through a share placing.
Homeserve sees FY trading in line
Home repairs service Homeserve, currently in the sights of Canada’s Brookfield Asset Management, said it had traded in line with expectations during its fiscal year with steady policy retention rates in the UK and US.
AMD to buy Pensando for $1.9bn
Advanced Micro Devices said on Monday that it has agreed to buy cloud start-up Pensando for $1. 9bn to expand its data centre solutions capabilities.
NatWest considering bid for Tilney Smith & Williamson - report
NatWest is reportedly considering a £3bn takeover bid for wealth manager Tilney Smith & Williamson.
Ted Baker kicks off formal sale process, shares surge
Fashion retailer Ted Baker said on Monday that it was kicking off a formal sale process after receiving an improved takeover offer from US private equity firm Sycamore and following other unsolicited third party interest.
Assura agrees £31m funding deal on cancer centre
Primary care property investor Assura said it had agreed development funding agreement for a £31m cancer diagnostic and treatment centre in Guildford.
Primary Health Properties buys Surrey facility for £6.95m
Primary Health Properties said it had bought a newly refurbished clinical facility in Chertsey, Surrey for £6. 95m.
Mitie buys telecom tower designer P2ML for £2.1m
Mitie Group said it had bought P2ML, a specialist telecoms tower design company for £2. 1m on a cash and debt-free basis.