M&A
Lanxess, Advent to buy DSM's engineering materials business for €3.7bn
Specialty chemicals group Lanxess and private equity firm Advent International have agreed to buy DSM’s Engineering Materials business (DEM) for around €3. 7bn.
Authentic Brands in talks over £300m Ted Baker takeover - report
Ted Baker is reportedly in advanced talks with Reebok owner Authentic Brands (ABG) about a potential £300m takeover of the high street fashion chain.
Countryside rejects £1.47bn takeover proposal from In-Cap
Countryside Partnerships confirmed on Monday that it had rejected a £1. 47bn takeover proposal from US investment firm Inclusive Capital as it "materially undervalued" the business and its prospects.
Just Eat Takeaway to wipe £5bn off Grubhub valuation - report
Just Eat Takeaway’s sale of Grubhub is reportedly under threat as bosses prepare for a multibillion-pound writedown on the US business.
IMI buys Bahr Modultechnik for £83m
Specialist engineer IMI said it planned to buy Germany’s Bahr Modultechnik Holding for an enterprise value of €98m (£83m).
Reckitt struggling with sale of infant nutrition unit - report
Reckitt Benckiser is reportedly struggling with the sale of its infant nutrition unit, with only a small number of private equity funds following through with bids.
Issa Brothers, TDR consider dropping out of Boots race - report
A consortium backed by the billionaire Issa brothers is reportedly considering dropping out of the bidding for the Boots chemist chain.
Broadcom to buy VMware in $61bn deal
US chipmaker Broadcom said on Thursday that it has agreed to buy VMware in a $61bn cash and share deal.
Musk pledges more equity funding for Twitter takeover
Elon Musk has pledged further equity funding for his $44bn offer for Twitter, after letting a $6. 25bn margin loan commitment lapse.
FirstGroup evaluating takeover proposal from I Squared, shares surge
FirstGroup surged on Thursday as it said it was evaluating a takeover offer from private equity firm I Squared, which owns Irish energy supplier Energia.
Tortilla to buy rival Chilango for up to £2.75m
Mexican restaurant group Tortilla has bought rival Chilango from investment firm RDCP Group for up to £2. 75m in cash.
Broadcom and VMware in takeover talks - reports
Chipmaker Broadcom is in talks to acquire fellow US technology firm VMware, it was reported on Monday.
Ocado buys US robot startup for €10.2m
Ocado Group on Monday said it was buying US robotics startup Myrmex for €10. 2m (£8m).
THG founder would back £3bn takeover bid - report
Matt Moulding, the billionaire co-founder of THG, would be prepared to take his online beauty company private for £3bn, according to media reports.
Ted Baker picks preferred bidder as Sycamore withdraws
UK fashion retailer Ted Baker on Monday said it had selected an unnamed preferred bidder after receiving a number of revised takeover proposals, adding that private equity fund Sycamore Partners Management LP had withdrawn from the process.
THG surges as retailer rejects third takeover offer, Candy Ventures mulls bid
Shares in e-commerce retailer THG surged early on Friday after the firm rejected a third takeover offer from Belerion Capital and King Street Capital Management a day earlier and news broke that property investor Nick Candy was also mulling a possible bid.
M&C Saatchi agrees £310m takeover by Next Fifteen, shares surge
Shares of M&C Saatchi surged on Friday after it agreed to be bought by Next Fifteen for £310m, just days after rejecting a £254m offer from Vin Murria’s investment vehicle AdvancedAdvT.
Barclays backing Issa brothers bid for Boots - report
Barclays is reportedly leading of group of banks backing TDR Capital and the Issa brothers on their multibillion pound bid for the Boots chemist chain.
Woodside shareholders approve BHP petroleum merger
Woodside Petroleum shareholders have approved a $41bn all-share merger with BHP’s petroleum business.
Canada's Brookfield to buy HomeServe in £4.1bn deal
Canada’s Brookfield Asset Management has agreed to buy London-listed emergency home repairs group HomeServe in a £4. 1bn deal.