Philip Morris to buy British inhaler specialist Vectura for £1bn July 9, 2021 Cigarette maker Philip Morris International will buy Vectura Group, a British pharmaceutical company, in a £1.05bn deal as it expands beyond tobacco, and into inhalers. Vectura had already agreed to a £958m deal with Carlyle Group in May but said it had withdrawn its backing for the offer which would have given shareholders 136p per share, [...]
Hire offer needed: Europcar rebuffs Volkswagen bid valuing it at €2.2bn June 23, 2021 Car rental giant Europcar has rebuffed an offer from VW and Audi owner Volkswagen, according to reports, that values the hire firm at €2.2bn (£1.88bn).
UK remains an attractive M&A destination, climbing slightly despite Brexit June 17, 2021 Britain has remained an attractive destination for inbound investment despite leaving the European Union, according to the latest global rankings for M&A attractiveness. The UK climbed two places to the fifth most attractive place in the world for M&A activity in 2020, in the latest global Mergers and Acquisitions Attractiveness Index Score (MAAIS) by City [...]
Marlowe continues acquisitions spree to buy £17.2m healthcare company June 10, 2021 Marlowe, a specialist health and safety company, this morning announced the £17.2m acquisition of occupational health company Healthwork, marking it’s twelfth acquisition this year. The news swiftly follows Marlowe’s most recent acquisition just last week of fire safety and security service provider ACL for £7.3m. Marlowe said acquiring Healthwork, which employs over 80 clinical professionals, [...]
US healthcare data giants Datavant and Ciox strike $7bn merger deal June 9, 2021 Datavant and Ciox Health today announced they have agreed to merge. In a deal valued at $7bn, the combined company will become largest health data network in the US. The new company, named Datavant, will allow a secure exchange of data among its network of more than 2,000 US hospitals and 15,000 clinics. It will [...]
Jammie Dodgers and Wagon Wheels baker snapped up by Nutella maker Ferrero June 1, 2021 Jammie Dodgers and Wagon Wheels baker snapped up by Nutella maker Ferrero
Ranked: S&P Global’s $44bn mega-deal tops list of biggest 2020 acquisitions May 27, 2021 In what was a tough year for businesses across the world, it was a fruitful one for 6,000 mergers and acquisitions. While the pandemic threatened companies of all sizes, some managed not just to survive but to continue growing in the last 12 months. After a year unlike any other, which acquisitions were the biggest [...]
Blackstone to buy FTSE listed property developer St Modwen for £1.2bn May 20, 2021 Blackstone to buy FTSE listed property developer St Modwen for £1.2bn
Private equity firm buys Gü pudding brand May 17, 2021 Private equity firm Exponent has secured a deal to buy dessert brand Gü from Noble Foods for an undisclosed fee. Gü said the deal will provide investment for the business to expand its current UK production site. Sky News reported last week that Exponent had offered £150m to buy the pudding brand. The company was [...]
Posh paint brand Farrow & Ball bought by Danish company in €500m deal May 11, 2021 Luxury paint and wallpaper company Farrow & Ball has been bought by Danish coatings manufacturer Hempel, in a deal that values the paint retailer at around €500m. Hempel bought Farrow & Ball from American private equity group Ares Management Corporation, which reportedly paid £275m for the company in 2014. Today The Financial Times first reported [...]