M&A
CVC consortium gets deadline extension for Network International bid
Network International said on Thursday that the ‘put up or shup up’ deadline for CVC Advisers and Francisco Partners has been extended as it remains in talks with the consortium.
Wood Group holds guidance as Q1 revenues grow
Oil and gas engineer Wood Group, currently in talks on a potential $1. 6bn takeover by private equity group Apollo, held annual guidance as first quarter revenues increased.
Lithium producers Allkem, Livent agree $10.6bn tie-up
Australian lithium miner Allkem has agreed to acquire US chemicals firm Livent in a deal worth $10. 6bn, it was announced on Wednesday.
Tempur Sealy to buy Mattress Firm in $4bn deal
Tempur Sealy International said on Tuesday that it has agreed to buy Mattress Firm in a cash and stock deal valued at around $4bn.
UK regulator backs Viasat Inmarsat merger
The UK regulator has given the green light to the $7. 3bn merger between rivals Viasat and Inmarsat, it was confirmed on Tuesday.
Civitas Social Housing agrees takeover by CK Asset Holdings, shares surge
Civitas Social Housing surged on Tuesday after it agreed to be bought by Wellness United Limited - a wholly-owned subsidiary of CK Asset holdings - in a £485m deal.
JD Sports to buy France's Courir in €520m deal
JD Sports said on Tuesday that it has agreed to buy French sportswear retailer Courir in a €520m deal.
Halma to buy Poland's Sewertronics for up to €59m
Safety equipment maker Halma said on Friday that it has agreed to buy Poland’s Sewertronics for up to €59m (£52m).
First Horizon tanks as TD Bank deal scrapped
First Horizon shares tumbled in pre-market trade on Thursday after it and Canada’s TD Bank mutually agreed to terminate their planned $13bn merger due to a lack of clarity on regulatory approval.
GPE buys two properties for £53m
Great Portland Estates said it had bought two properties in London for a combined £53m.
SSP expands North America presence with MCE buy
Travel outlet food operator SSP Group said it was expanding its North America operations through the acquisition of the concessions business of Midfield Concession Enterprise for an undisclosed sum.
Liontrust to buy Swiss asset manager GAM in £96m deal
Liontrust on Thursday said it had agreed to buy GAM Holding in a recommended deal valuing the Swiss asset manager at 107m Swiss francs (£96m) .
Johnson Matthey sells Diagnostic Services for £55m
Johnson Matthey announced the sale on Wednesday of Diagnostic Services, a business providing specialised detection, diagnostic, and measurement solutions, to UK-based private equity investor Sullivan Street Partners for £55m in cash.
DuPont downgrades top end of FY sales guidance
DuPont downgraded its full-year sales guidance on Tuesday as it pointed to a delay in the recovery of the electronics market.
Apollo drafts in former Coty CEO to help with THG offer - report
A former chief executive of Coty has reportedly been drafted in to help Apollo Global Management draw up a firm offer for health and beauty retailer THG.
Mitie buys security services specialist RH Irving for £19.1m
Outsourcer and energy services company Mitie said on Tuesday that it has bought R H Irving Industrials, a specialist in security services, for £19. 1m.