M&A
UK govt 'minded' to approve Meggitt takeover
The UK government has indicated it is likely to accept the £6. 3bn takeover of the domestic defence company Meggitt by American industrial outfit Parker Hannifin.
Reckitt considers ditching sale of infant nutrition unit - report
Reckitt Benckiser is reportedly considering whether to shelve the sale of its infant nutrition unit, as the high-profile deal falls victim to chaos in the industry and worsening financing markets.
M&C Saatchi urges shareholders to reject Murria bid
M&C Saatchi has urged shareholders to reject a £254m takeover bid from former deputy chair Vin Murria, warning it would damage the business.
Permira, H&F to buy Zendesk in $10.2bn deal
Zendesk said on Friday that it has agreed to be bought by an investor group led by private equity firms Permira and Hellman & Friedman in a $10. 2bn all-cash deal, sending shares in the San Francisco-based software maker surging.
Private equity takeover of Ultra Electronics set to be approved
The £2. 6bn takeover of British defence manufacturer Ultra Electronics by a US private equity firm looks set to be waved on by the UK government after the Department for Business said it was minded to accept the deal.
Grainger buys Bristol build-to-rent development for £128m
UK residential landlord Grainger on Thursday said it had agreed to forward fund and buy the build-to-rent element of a Bristol development for £128m.
AssetCo to buy asset manager SVM for £10.7m
AIM-listed asset and wealth management company AssetCo said on Tuesday that it had agreed to buy Edinburgh-based asset manager SVM for around £10. 7m.
EasyJet to buy 56 A320neo planes from Airbus
Budget airline easyJet on Tuesday said it was buying 56 Airbus A320neo aircraft for delivery between 2026 and 2029.
Pfizer to buy 8.1% stake in French vaccine company Valneva
Pfizer said on Monday that it has agreed to buy an 8. 1% stake in French specialty vaccine company Valneva for €90. 5m, or €9. 49 a share.
Euromoney in £1.6bn takeover talks with PE firms Astorg, Epiris
Euromoney Institutional Investor confirmed on Monday that it was in talks with a consortium comprising of private equity firms Astorg Asset Management and Epiris about a possible £1. 6bn cash takeover.
M&C Saatchi withdraws support for Next 15 offer
M&C Saatchi said on Friday that it can no longer recommend a £310m takeover bid by Next Fifteen after shares in the latter materially deteriorated.
TTB Partners gets deadline extension to make Playtech bid
Gambling software maker Playtech said on Friday that the UK Takeover Panel has extended the deadline for TTB Partners to either announce a firm intention to make an offer for the company or walk away.
Veolia to sell Suez UK waste business amid CMA concerns
Veolia said on Thursday that it plans to sell Suez’s UK waste business as it looks to assuage the concerns of the Competition and Markets Authority.
Shaftesbury, Capco agree merger terms
Capital & Counties and Shaftesbury said on Thursday that they have agreed the terms of a £3. 5bn all-share merger that will create a combined group with a portfolio valued at around £5bn.
THG dismisses all recent takeover approaches, shares slide
THG said on Thursday that it had rejected an indicative, non-binding takeover proposal from Belerion Capital and King Street Management and that all the recent takeover approaches it has received have "significantly undervalued" the e-commerce group.
Big Yellow buys Aberdeen self-storage building for £10m
Big Yellow said it had bought a 53,000 sq ft self-storage centre in Aberdeen for £10m.
Billionaire founder moves to take Continental Resources private
Harold Hamm, the billionaire founder of Continental Resources, has launched a bid to take the US energy firm private.
Musk to speak to Twitter employees about $44bn takeover
Elon Musk is to address Twitter employees directly this week, for the first time since agreeing to buy the social media platform in an increasingly fractious $44bn deal.
Go-Ahead agrees £648m takeover by Kinetic, Globalvia; Kelsian still interested
Transport operator Go-Ahead has accepted a £647. 7m takeover offer from Australian bus firm Kinetic and Spanish infrastructure investor Globalvia Inversiones, but a takeover battle could emerge after Kelsian said it was still interested.
Go-Ahead surges after two takeover approaches
Go-Ahead surged on Monday after the transport operator said it had received two separate takeover approaches at a price it would be minded to recommend if offers were made.