Smurfit Kappa agreed to acquire privately owned paper and recycling business Reparenco for approximately €460m following a competitive process, while facing mounting shareholder demands to revive talks with US suitor International Paper.
Drinks colossus Diageo is said to be putting several US spirits brands up for sale and could expected to get between $0. 5-1bn for the lot.
London-listed real estate investment trust NewRiver saw its net asset value grow around 28% in its last financial year and revealed that it will acquire the Hawthorn Leisure pub portfolio for £106m.
Paddy Power Betfair has agreed to merge it US business with US daily fantasy sports operator FanDuel.
TalkTalk announced the sale of its direct business-to-business operation for £175m as falling revenue and rising costs drove the broadband operator to a loss last year.
Barclays is reported to be considering a merger with Standard Chartered or another international bank as part of contingency planning prompted by the arrival of activist investor Edward Bramson as a shareholder.
Private equity fund Terra Firma has put Wyevale Garden Centres on the block, offering a trade buyer a portfolio of 145 retail outlets across the UK ranging from horticultural centres to leisure destination venues.
Intermediate Capital Group is reportedly close to reaching an agreement to acquire medical software supplier Iris in a transaction that is expected to value the group at £1. 2bn.
Packaging business DS Smith has agreed to buy US-based Corrugated Container Corporation (CCC) for an undisclosed sum, in a deal that is expected to be immediately earnings-enhancing.
Rank Group has bought QSB, the owner of Spanish digital bingo business YoBingo. es, for up to €52m in cash.
Sky's potential takeover by Comcast does not perturb the government, but Culture Secretary Matt Hancock said he had not yet reached a final decision.
International Airlines Group is reportedly set to make a third run at a takeover of low-cost carrier Norwegian, one, which if successful, would value the budget airline at £1. 3bn.
Fifth Third Bancorp has agreed to buy Chicago-based MB Financial in a deal valued at around $4. 7bn.
GE Transportation, a unit of General Electric, has agreed to merge with rail equipment maker Wabtec in a deal valued at £11. 1bn.
AIM-listed support services group Marlowe has completed its acquisition of asbestos remediation firm Forest Environmental from its administrator for a cash consideration of £500,000.
PayPal has agreed to buy Swedish payments group iZettle for $2. 2bn, in a deal that will "significantly" expand its in-store presence.
The UK competition watchdog has invited all "interested parties" in the proposed merger between Sainsbury's and Asda to submit views on the impact of the deal on competition around the country.
Shares in Smurfit Kappa slumped on Wednesday as US rival International Paper said it would not be making a hostile bid for the paper and packaging company.