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The Latest Breaking News on M&A

Frasers takeover bid rejected by Australian fashion hub MySale

Mike Ashley’s business has recently conducted a fashion brand acquisition spree

Evening Standard

Kaefer turnover tops £230m following acquisition of fellow Tyneside industrial services firm

The Jarrow firm's parent company acquired Wood Group Industrial Services in an £80m deal

Birmingham Post

Glass House Brands Closes Acquisition Of Morro Bay NHC Cannabis Dispensary

Glass House Brands Inc. (OTCQX: GLASF) (QTCQX:GHBWF) (NEO:GLAS.A.U) (NEO:GLAS.WT.U), has been granted all local regulatory approvals for its acquisition of the Natural Healing Center (NHC) dispensary located in Morro Bay, California, and that the tr

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Top NDTV executives have made windfall gains from Adani’s takeover

Gautam Adani’s takeover of NDTV may have caused disquiet in the news industry, but it has proved lucrative to several employees of the TV news network. The billionaire’s purchase of about 30 percent of the broadcast company, and whispers about it in the preceding months, sent its share price soaring,…

Newslaundry

AD Ports Completes Acquisition of Majority Stake in Transmar, Transcargo International

Abu Dhabi Ports Group said on Wednesday it completed the acquisition of a 70 percent equity stake in Egypt’s Transmar International Shipping Company (Transmar) and Transcargo International (TCI), with a total value of the deal amounting to $140 million. The acquisition of the two Egypt-based maritime companies is the first…

Asharq Al-Awsat

Twitter shareholders vote in favour of Musk's $44bn offer

NEW YORK: Twitter Inc shareholders approved billionaire Elon Musk's proposed $44 billion buyout, paving the way for a trial next month to determine the deal's fate.

Bangkok Post

A Tesco store in Llanelli has been bought for £66m

The 82,000 sq ft store has been acquired by a London-based investment firm

Wales Online

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Acquisitions boost bottom line for Gateley

Legal and professional services group sees revenue and profits climb as it vows to stay busy in the deals market

Birmingham Post

Tesco store in Llanelli sold for £66.8m

The property investment in the store has been acquired by Supermarket Income REIT plc

Birmingham Post

German government sells its last shares in Lufthansa

The German government has sold its last shares in the country’s biggest airline, Lufthansa, which it stepped in to rescue at the height of the coronavirus crisis

The Independent UK

Twitter shareholders approve Musk’s $44 billion buyout as trial looms

Twitter Inc. shareholders approved billionaire Elon Musk’s proposed $44 billion buyout, paving the way for a trial next month to determine the deal’s fate.

Tribune News Service

Twitter shareholders tell Elon Musk they'll gladly take his $44 billion

Musk still won't pull out his wallet.

Input

Twitter in the political and business world spotlights

Shareholders vote while a whistleblower testifies.

Axios

Roythornes Solicitors helps Lincolnshire-based Allison Group secure £120 million refinancing deal

Allison Group plans to build 2,000 homes annually within the next five years

Birmingham Post

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Benzinga

Surprisingly, Aside from $500M+ Megadeals, 2022 Is A Normal M&A Year

Asharq Al-Awsat

Twitter Says Musk’s Latest Attempt to Scrap Deal ‘Invalid and Wrongful’

Twitter Inc said on Monday payments made to a whistleblower did not breach any terms of its $44 billion buyout by Elon Musk, after the world's richest man made another attempt to scrap the deal. In a letter to Twitter on Friday, lawyers for Musk said Twitter's failure to seek…

Tribune News Service

Twitter says Musk’s third attempt to cancel deal is invalid

Twitter Inc. said Elon Musk’s latest move to cancel his agreement to buy the social network is invalid after the billionaire said the company’s treatment of a whistle-blower gave him another reason to walk away from the $44 billion deal.

Evening Standard

Twitter denies whistleblower payout violates Musk’s takeover deal

The former exec was offered the payout after he left the firm in January

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news in one place.

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Insider UK

McColl’s merger with Morrisons only raises concerns 'in a small number of areas'

Supermarket chain has a week to offer proposals to address the competition concerns identified

The Independent UK

Trump partner in Truth Social delays key vote on merger

A key decision over whether Donald Trump’s social media platform Truth Social will merge with a cash-rich company and get $1.3 billion to take on Twitter has been put off for another month

Birmingham Post

Melrose Industries to break up GKN by spinning off automotive and powder metallurgy divisions

Turnaround investor says the proposal gives each 'an exciting opportunity to grow shareholder value'

The Independent UK

Morrisons takeover of McColl’s will ‘not harm majority of shoppers’, says CMA

Morrisons said it now hopes for a “swift conclusion” to the £190 million merger deal.

Evening Standard

Melrose to split in two with spin-off of its GKN automotive business

Boss of FTSE 100 engineer tells the Standard it’s about getting the company’s ‘mojo back’

The Guardian - UK

Morrisons’ takeover of McColl’s ‘will not harm majority’ of rival firms

Competition regulator’s finding paves way for clearance of £190m rescue deal by supermarket group

The Guardian - UK

Elon Musk fails in bid to delay trial over terminated Twitter deal

Case will go ahead next month but his countersuit can be expanded to include whistleblower’s allegations

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