M&A
21 Feb
cbtraders6
Market buzz: Carney's inflation chat sends pound higher

1645: After starting in the red, the FTSE 100 has steadily strengthened as the session wore on. It finished at 7,281. 57, up 34. 8 points or 0. 48%. Here's a closing comment from market analyst Joshua Mahony at IG. "With a morning’s worth of disappointing eurozone PMI surveys, we have seen Carney’s inflation report testimony drag EURGBP lower despite today’s jump in UK unemployment. While Carney’s expectation of three rate rises over the next three years will grab the headlines, the fact that the bank aims to be ‘nimble’ given Brexit uncertainty points towards a strong chance we may never see all three hikes materialise should a preferential deal not be achieved.

21 Feb
meeting, takeover, talks, bid, merger, acquisition, board
Fidessa agrees to £1.4bn takeover by Switzerland's Temenos

Fidessa was flying high again on Wednesday as it agreed to a £1. 4bn takeover by Swiss banking software company Temenos a day after confirming that the two were in talks.

21 Feb
Euros , banknotes, single currency, euro , eurozone, money, cash. Image: TaxRebate.org.uk
FairFX acquires partner City Forex for £6m and quick earnings boost

FairFX has tightened its grasp on the travel currency industry with the £6m purchase of City Forex on Wednesday.

20 Feb
cbqualcomm short
Qualcomm increases NXP offer in order to fight off Broadcom takeover

US chip giant Qualcomm upped its bid for NXP Semiconductors to roughly $44bn on Tuesday as part of its efforts to win shareholder support for the acquisition and further its expansion into the fast-growing motor vehicle chip market and reduce its reliance on smartphones.

20 Feb
meeting, takeover, talks, bid, merger, acquisition, board
Rite Aid surges on Albertsons merger plan

Shares in drugstore chain Rite Aid surged in pre-market trade on Tuesday as it agreed for grocery chain Albertsons to buy the remainder of the company that isn't being sold to Walgreens Boots Alliance.

20 Feb
Jeremy Corbyn
Melrose presses GKN offer as Corbyn ramps up political pressure

Melrose Industries pressed the case for its £7. 4bn bid for GKN as Jeremy Corbyn increased the political pressure over the turnaround company's proposed hostile takeover.

20 Feb
sky news building
Fox increases news commitments to seal Sky deal

21st Century Fox has strengthened its commitments to investment in Sky's UK news channel in a bid to secure a takeover of the European cable network.

20 Feb
cbtraders short
Fidessa in talks about being taken over by Temenos

Fidessa has confirmed that it is in "advanced discussions" about being taken over by Swiss banking software group Temenos for around £1. 4bn of cash.

19 Feb
Silver mining
Baker Steel Resources' largest investment offloads Russian silver mine

Guernsey-based investment company Baker Steel Resources advised investors that Polar Acquisitions (PAL), its largest investment, has agreed to sell its interest in the Prognoz silver mine in Russia to its Channel Island neighbour, Jersey-based Polymetal International, in a deal worth more than $70m.

19 Feb
selco, grafton group, by eddie (flickr)
Grafton buys Leyland SDM for £82.4m

FTSE 250 merchanting and DIY group Grafton has acquired London-based independent specialist decorators’ merchant Leyland SDM for £82. 4m on a debt-free, cash-free basis.

19 Feb
James Fisher buys Australia's Cowan for £1.5m

James Fisher said it had bought Australian recompression chamber maker Cowan Manufacturing for AUD $2. 6m (£1. 5m) in cash.

16 Feb
wind, windfarm, renewable, turbine
Greencoat Renewables winds up purchase of wind farm

Irish renewable infrastructure company Greencoat Renewables announced on Friday that it has acquired a 9. 2MW wind farm for €22. 5m.

16 Feb
african barrick gold, gold, miner, acacia, drilling
Acacia Mining in talks with Chinese investors over possible asset sale

Acacia Mining has begun talks about potentially selling a stake in some or all of its Tanzanian gold mining operations.

16 Feb
Tesco, retailing, supermarkets, retail
Tesco's tie-up with Booker at risk after ISS recommends shareholders reject sale

Tesco's £3. 7bn takeover of food wholesaler Booker suffered a blow after the former's shareholders were advised to vote against the tie-up by advisory firm Institutional Shareholder Services on Thursday.

16 Feb
cash money sterling pay deal offer acquisition m&a
Croda Europe to buy Plant Impact for £10m

Croda Europe, a wholly-owned subsidiary of Croda, has agreed to buy crop enhancement developer Plant Impact for around £10m.

15 Feb
Copper
Pembridge acquires cash-generating Canadian copper mine

Pembridge Resources announced on Thursday that it has struck a deal agreement to acquire 100% of Canada-based copper miner, with an associated $50m fundraising.

15 Feb
cash money sterling pay deal offer acquisition m&a
Stadium Group surges on TT Electronics deal

Shares in Stadium Group surged on Thursday after it agreed to be bought by TT Electronics for 120p per share in cash, or around £45. 8m.

15 Feb
NewRiver buys 2 retail parks for £26.5

NewRiver real estate trust said it had bought two retail parks for a combined £26. 5m, representing an initial yield of 8. 9% and a capital value of 141 per sq ft.

13 Feb
bank of england boe mpc 2018 monetary policy committee
Market buzz: Sky and BT win most Premier League TV rights

1920: English Premier League football TV broadcasting rights for the three seasons beginning 2019/20 have been decided - well most of them. BT Sport and Sky Sports have defended well, keeping most of the games for a cost of £4. 46bn, with two of the seven live broadcasting packages still to be confirmed by the EPL, which said there was "interest from multiple bidders". BT Group has secured a package of 32 games per season for a total across the three seasons of £885m.

12 Feb
Money cash dollars
CSRA shares rocket on $9.6bn General Dynamics deal

Shares in government IT business CSRA rocketed in pre-market trade on Monday after it agreed to be bought by General Dynamics for $9. 6bn.