The activist at Norfolk Southern won support of the Teamsters union, a key endorsement as Ancora seeks to convince shareholders their plan is the right option.
Keith Williams says £3.1bn offer from Daniel Křetínský’s EP Group is opportunistic and undervalues IDS Business live – latest updates The chair of Royal Mail’s owner is to conduct a charm offensive with investors in an attempt to...
Building products supplier is latest British-listed company to be bought by a foreign buyer Business live – latest updates The London Stock Exchange’s mid-sized FTSE 250 index is due to lose a 186-year-old manufacturing company to a US...
Shareholder calls for softening of postal service’s obligations after failed takeover bid by Czech billionaire for owner IDS One of the top investors in Royal Mail’s owner has said it is vulnerable to “corporate predators”, arguing that...
Possible counteroffer by Blackstone could derail agreement with US fund Concord Music The troubled owner of music back catalogues ranging from Beyoncé to Neil Young has said it would accept a takeover offer from Blackstone, after the...
Microsoft, Meta and Google are snapping up small players in the burgeoning industry – but the Competition and Markets Authority is demanding fair play “Monopoly,” said Peter Thiel, Silicon Valley’s answer to Darth Vader, “is the...
IDS shares rise after reports that it rejected bid from Daniel Křetínský’s EP Group Comment: Royal Mail bid should be treated with deep scepticism The owner of Royal Mail received a £3bn takeover offer from a Czech billionaire who has...
International Paper settles all-share deal after tussle with British rival Mondi Business live – latest updates The FTSE 100 UK packaging firm DS Smith is to be taken over by a bigger US rival, International Paper, after the companies...
US investment firm snaps up UK discount retail chain ‘with huge potential’ for undisclosed sum Poundstretcher has been bought by the US investment firm Fortress, the owner of the Majestic Wine off-licence and Punch pubs group, for an...
The U.K. competition regulator on Thursday referred the proposed merger between Vodafone and CK Hutchison's Three mobile network to an in-depth investigation.
Traditional affinity between Conservatives and the newspaper has given way to a complex, splintered drama, and the attempted acquisition by Gulf-backed RedBird IMI lies in limbo With the Conservative party trailing Labour by nearly 20...
Media companies to combine publishing and advertising platforms to target gen Z and millennials The Independent will take control of BuzzFeed and HuffPost in the UK and Ireland with the intention to create “Britain’s biggest publisher...
US-based International Paper puts in £5.7bn takeover proposal for DS Smith, gatecrashing Mondi offer An international bidding war is brewing for the UK packaging company DS Smith after a US-based paper producer put forward a £5.7bn...
CMA plans in-depth investigation into deal that would create UK’s largest mobile phone operator The planned merger between Vodafone and Three UK, which would create the UK’s largest mobile phone operator, has been referred to an in-depth...
With the £2.9bn acquisition having big sway over its future, owners should have a say, but democractic governance is blocked Should the members of Nationwide be allowed to vote on their building society’s £2.9bn acquisition of Virgin...
Richard Branson has already indicated he will back takeover that will require the agreement of the group’s shareholders Business live – latest updates Nationwide building society is lined up to take over its smaller rival Virgin Money...
Britain’s biggest drugmaker’s latest acquisition will help it to develop new radiotherapy treatments Business live – latest updates Britain’s biggest drugmaker, AstraZeneca, is to buy a Canadian cancer specialist focused on...
Experts question if ‘bigger is better’ and whether members should be consulted on the £2.9bn deal The Nationwide building society is facing growing calls to give its 16 million members a say on its proposed £2.9bn takeover of high street...
Potential move by RedBird IMI follows UK government plan to ban foreign state ownership of newspapers The United Arab Emirates-backed consortium RedBird IMI is considering a sale of its stake in the Telegraph, after its attempt to take...
UK telecoms group says some of proceeds will be returned to investors via share buybacks Business live – latest updates Vodafone is selling its Italian business to Swisscom for €8bn (£6.8bn) cash and plans to return €4bn to shareholders....
Sunaina Sinha Haldea, Raymond James private capital advisory global head, joins 'Closing Bell Overtime' to talk the current IPO and dealmaking space as Reddit is on deck to go public.
New legislation could thwart planned £600m purchase of media group by UAE-backed consortium The UK government plans to introduce legislation that would prevent foreign governments owning UK newspapers and news magazines in a significant...
Planned acquisition by UAE-backed RedBird IMI is being considered by the culture secretary Business live – latest updates Two leading British media groups have reportedly shown fresh interest in a takeover of the Telegraph and Spectator...
With regulators more hostile to M&A deals, managing the risk of aborted takeovers is increasingly important for companies, and the breakup rules are changing.
Exxon filed for arbitration to defend what the oil major views as its right to make a counter offer for Hess' Guyana assets under a joint operating agreement.
Weeks after Khozema Shipchandler was made CEO, Twilio said it would begin an operational review of its Segment business, which has been scrutinized by activists.
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