Reckitt Benckiser chief latest to step aside as pressure intensifies

Deal comes amid rising M&A activity in payments industry

Hedge fund-backed owner of US newspapers has reputation for cost-cuts and firing journalists

Workplace messaging app would follow in the footsteps of NYSE-listed Spotify

Retailer emerged from Chapter 11 less than 18 months ago

Deal is latest by large pharma groups seeking to bolster pipelines

Cash-and-stock offer ranks as one of biggest ever pharma deals

Volatile stock markets and higher borrowing costs are damping dealmaking

Fitness chain hired advisers to look at strategic options but received scant interest

Tobacco group’s 35% stake in ecigarette maker will more than double its worth

Japanese carmaker’s indictment ‘creates significant risks’, says French partner’s chairman

Ill-fated acquisitions highlight failure of telecoms company moves into content

Soren Schroder’s removal follows pressure from Continental Grain and DE Shaw

Five years after quitting Nasdaq the technology group is to return to the public markets after a fierce fight over valuation

Ride-hailing group joins rival Lyft in filing for regulator approval to float shares

Workplace messaging app looks to go public after raising nearly $1.3bn privately

Advisers say political uncertainty and growing regulatory pressure stand in way of M&A

Altria makes big tobacco’s first push into legalised cannabis

Company has discussed multibillion-dollar deals with sector leaders Bird and Lime

A buyout could net the incoming CEO millions of dollars for just a few months’ work

Deal by Marlboro owner could be first step to full takeover of ecigarette leader

Private equity is sniffing around as industrial giant races to reduce debts