M&A
Lecram withdraws takeover proposal for Purplebricks
Beleaguered estate agent Purplebricks said on Wednesday that shareholder Lecram Holdings has withdrawn its takeover proposal for the group.
Rhone offers to buy 20% stake in RHI Magnesita, shares surge
RHI Magnesita surged on Tuesday after Ignite Luxembourg Holdings, which is indirectly managed by Rhone Holdings, offered to buy a 20% stake in the company at 2,850p per share in cash.
Asda to buy EG Group's UK & Ireland operations in £2.3bn deal
Asda Group said on Tuesday that it has agreed to buy petrol station operator EG Group’s UK and Ireland operations in a £2. 27bn deal.
Bunzl hits 200 acquisitions since 2004 with two new deals
Specialist international distribution and services group Bunzl said it had bought safety businesses in Brazil and Spain, taking its acquisitions total to 200 since 2004.
Asda and EG poised to agree £10bn merger - report
Asda is set to announce a £10bn merger with sister business EG Group, the petrol stations giant, it was reported on Friday.
Shutterstock to buy Giphy from Meta for $53m
Shutterstock said on Tuesday that it has agreed to buy Giphy from Meta Platforms for $53m in cash.
TBC Bank buys remaining 49% of Payme for $55.7m
TBC Bank said it had agreed to buy the remaining 49% of Uzbekistan payments firm Payme in for $55. 7m in cash.
Chevron to buy PDC Energy in $6.3bn stock deal
Chevron said on Monday that it has agreed to buy PDC Energy in an all-share transaction valued at $6. 3bn, or $72 per share.
Ironwood agrees to buy VectivBio in $1bn deal
Ironwood Pharmaceuticals has agreed to buy Swiss biotech VectivBio Holding in a deal worth $1. 15bn.
Frasers Group in advanced talks to buy ProBikeKit from THG - report
Mike Ashley’s Frasers Group is reportedly in advanced talks to buy cycling goods specialist ProBikeKit from THG.
Network International suitor Brookfield given until June to make firm offer
Brookfield Asset Management has been given until next month to make an offer for Network International, it was confirmed on Friday, as talks about a potential £2. 1bn deal continue.
Entain nearing deal to buy Angstrom Sports - report
Gambling operator Entain is reportedly nearing a deal to buy London-based pricing and analytics company Angstrom Sports.
Online estate agent Strike to buy rival Purplebricks for £1
Beleaguered online estate agent Purplebricks said on Wednesday that it has agreed to be bought by rival Strike for just £1.
Investor group opposed to Liontrust deal ups stake in GAM
The investor group comprised of NewGAMe and Bruellan - which is opposed to Liontrust’s takeover of Swiss fund group GAM - said on Tuesday that it plans to increase its stake in GAM from 8. 4% to above 10%.
Horizon Therapeutics tanks as FTC expected to challenge Amgen deal
Horizon Therapeutics tumbled in pre-market trade on Tuesday following a report that its $27. 8bn takeover by Amgen will be challenged by federal regulators.
TPG snaps up Angelo Gordon in $2.7bn deal
US private equity firm TPG Inc is to buy debt manager Angelo Gordon in a $2. 7bn deal, it was confirmed on Monday.
Center Parcs put up for sale - report
UK holiday resort group Center Parcs has been put up for sale by its Canadian owners, it was reported on Monday.
Wood Group shares plunge as Apollo pulls plans for bid
Shares in Wood Group plunged by more than a third on Monday as US private equity firm Apollo Global pulled plans to make a takeover offer for the UK oil industry engineer.
THG calls off takeover talks with Apollo Global
Online retailer THG called off take-over talks with US private equity outfit Apollo Global Management.
EQT bid deadline for Dechra Pharmaceuticals pushed back
Dechra Pharmaceuticals said on Thursday that a deadline for Swedish private firm EQT to either announce a firm intention to make an offer for the company or walk away has been extended.