M&A

All the latest news on deals and dealmaking from around the world

John Thain, CIT Group chief executive

Thain’s CIT snaps up OneWest for $3.4bn

Deal creates Fed-regulated group with assets of $67bn

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Investment banking league tables
This quarter’s global mergers and acquisitions activity and the deals and dealmakers involved

Cath Kidston sells stake to fund Asian push

Target of 100 shops selling designer’s chintzy prints eyed in China

Nick Leslau

Leslau sells Max Property to Blackstone

Entrepreneur says £448m deal is not calling top of property market

Time Warner changes rules as Fox circles

Defensive move designed to block any hostile bid from Murdoch

Yahoo buys Flurry for app analytics

Among the biggest acquisitions since Tumblr purchase

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illustration of a private bank by Øivind Hovland ©Øivind Hovland

Switzerland, strategies, competition, crisis fallout, technology, emerging markets, recruitment, consolidation

illustration by Nick Lowndes ©Nick Lowndes

Insight into M&A in the technology, media and tele-communications sector

Great British Bake Off...TTV34 Programme Name: Great British Bake Off - TX: n/a - Episode: n/a (No. n/a) - Embargoed for publication until: 13/08/2013 - Picture Shows: Mary Berry - (C) Love Productions - Photographer: Des Willie
©BBC

BSkyB takes stake in ‘Bake Off’ producer

Pay-TV operator buys 70% of Love Productions

Autonomy ex-CFO challenges HP truce

Hussain seeks to block settlement with shareholders over merger

EMC / VMware: theory of relativity

Since the financial crisis, budgets have not fully recovered

Asean: Long on optimism

Foreign investors and a growing consumer class are driving the rise of southeast Asian nations

EY to merge with Parthenon Group

Union follows similar deals by other ‘big four’ groups

CBS Outdoor in $690m US billboards deal

Assets include signage in Times Square and Sunset Strip

Philips looks ahead after weak sales

Net profit falls 23% in second quarter for Dutch group

Julius Baer acquires Bank Leumi unit

Swiss private bank’s profits rise to SFr178.9m in first half

Allergan restructuring to cost 1,500 jobs

Botox maker steps up efforts to fight Valeant’s hostile bid

MMG approves purchase of Las Bambas

Glencore selling copper mine to Chinese consortium for $5.85bn

Babcock lifts order book after deal

Pipeline now £13.5bn, including £2bn from Avincis

Tesco tops FTSE 100 after chief quits

Profit warning from supermarket hits shares of rivals

Manchester united in model of governance

Pioneering “super council” pools resources of 10 local councils

City wakes up to value in UK engineering

Shares in small engineers put on a growth spurt

Fox lines up funds for Time Warner siege

$25bn financing would be one of largest takeover loans written

Time Warner: Fox in the henhouse

Share swap would be fairest for both groups of shareholders

Shire chief’s $10m ‘golden hello’

Other senior staff to share $23m in retention bonuses

Joe Cummings illustration of Tony O’Reilly

Tony O’Reilly, tycoon who gambled and lost

The rise and fall of Ireland’s premier businessman mirrors his country’s fate

Shire rises as AbbVie takeover is sealed

The FTSE 100 edged 0.2 per cent higher to 6,749.43

©Clare Mallison

Pensions and the risks of de-risking

Members of work schemes need awareness of pitfalls

Zoopla App. Photograph: Rosie Hallam
©Rosie Hallam

Boardroom trades July 19

Latest directors’ deals at Zoopla, Saga, B&M and Progility

Tax inversion risk threatened Shire talks

Target’s call for reverse break fee came amid political backdrop

Shire pharmaceuticals Handout

AbbVie rounds on US tax laws over Shire

UK drug company recommends £32bn offer from US group

Spire listing priced at low end of target

Private hospital group floats on difficult day for London market

Shares in Trinity hit a 52-week low

Full-year output may be at low end of expectations

Concept design of AstraZeneca Global R&D centre and corporate HQ, Cambridge, UK – illustration of proposed design, subject to planning consent © Herzog & de Meuron

AstraZeneca unveils £330m R&D centre plan

Cambridge facility to house London HQ and Cheshire research staff

Hong Kong metro operator to run Crossrail

MTR Corporation wins £1.4bn deal

The Paper Mill

Life after death for traditional boozer

Micropub model offers route to revival for venues

Banks lead broad FTSE 100 losses

All but five members of London index fall in early trade

UK banks face full industry inquiry

Small business lending and current accounts part of CMA probe

G4S sells Swedish alarm business for £37m

Security group in push to reverse fortunes

Complacency invites stupid deals

Today’s deals are cash heavy, reflecting even cheaper bond and debt financing than 2007

Cobalt Capital Partners seeking buyer

Latest in recent string of property deals

Blackstone attracts $62bn capital inflow

Pension funds and retail investors lift funds under management

Broadchurch
©ITV

US media buzz reaches Europe

American groups snap up broadcasters on other side of Atlantic