M&A
Holders of $17bn in Credit Suisse bonds wiped out in UBS deal
UBS shares tumbled on Monday after it agreed to buy rival Credit Suisse for 3 billion Swiss francs ($3. 25bn), in a deal that wipes out $17bn of bonds.
UBS asks Swiss authorities for backstop in case of Credit Suisse acquisition
UBS Group asked Swiss authorities for a backstop against future risks in case it acquired troubled rival Credit Suisse.
Private equity suitors lining up bids for Princes Foods
A pack of private equity suitors is reportedly circling Japanese-owned Princes Foods, a maker of tinned products stocked in British supermarkets.
CMA raises competition concerns over proposed acquisition of Emis
UK watchdog the Competition and Markets Authority has raised competition concerns regarding the proposed acquisition of healthcare software developer EMIS Group by UnitedHealth.
Wood Group grants Apollo extension on bid deadline
Private equity firm Apollo has been given an extension on whether it will formally bid for Wood Group after three prior approaches were rebuffed.
JP Morgan, Morgan Stanley in talks to shore up First Republic Bank - WSJ
Several of the biggest US lenders are in talks to shore up First Republic Bank.
Three, Vodafone merger talks 'progressive and positive'
The chief financial officer of Hutchison's Three UK said on Thursday talks with Vodafone about combining their networks in Britain were "progressive and positive", although he declined to comment on the outcome.
Credit Suisse and Swiss authorities in talks
Credit Suisse and Swiss authorities were analysing ways to stem concerns around the lender.
Providence Equity to buy Hyve in £481m deal
Hyve has agreed to be bought by private equity firm Providence Equity in a deal that values the exhibition business at around £481m.
Blackstone to buy Cvent in $4.6bn deal
US meetings, events and hospitality technology provider Cvent said on Tuesday that it has agreed to be bought by private equity firm Blackstone in a $4. 6bn deal.
Apollo Global to buy Univar in $8.1bn deal
US chemical company Univar Solutions said on Tuesday that it has agreed to be bought by Apollo Global Management in an all-cash $8. 1bn deal.
Vivendi in exclusive talks over Editis sale
French media group Vivendi said on Tuesday that it is in exclusive talks with International Media Invest (IMI) to sell its Editis publishing business.
Sainsbury's pays £431m for control of store investment vehicles
Sainsbury's on Tuesday said it was paying £430. 9m to take full ownership of the Highbury and Dragon store investment vehicles from Supermarket Income REIT.
PE firm Advent among suitors for sandwich chain Subway
Advent International is reportedly one of several private equity firms that have progressed through to the second stage of an auction of sandwich chain Subway.
HSBC buys SVB UK unit after frantic overnight talks
HSBC has bought the UK arm of stricken Silicon Valley Bank for a nominal £1, the Asia-focused bank said on Monday after a night of frantic negotiations involving government ministers and Bank of England officials.
Sanofi to buy Provention Bio in $2.9bn deal
French pharmaceutical company Sanofi said on Monday that it has agreed to buy US biopharmaceutical group Provention Bio for $2. 9bn in cash.
Vodafone putting final touches on deal with Three UK - report
Vodafone is reportedly putting final touches on a deal with Three UK to create Britain’s largest mobile operator and may announce details of the tie-up as soon as this month.
Bonhill enters fresh talks over sale of InvestmentNews
Bonhill Group has entered into fresh talks over the sale of InvestmentNews after an initial bid fell through, the media firm announced on Friday.
ICG, 3i battling to take control of Direct Ferries - report
Intermediate Capital Group and 3i are reportedly battling to take over online aggregator Direct Ferries which sells ferry tickets for operators including P&O and Stena Line.
Informa snaps up Tarsus in $940m deal
Informa has agreed to acquire business-to-business events specialist Tarsus in a $940m deal.