M&A quarterly transactions down as investors nervy amid war in Ukraine June 7, 2022 The number of merger and acquisition transactions in the UK has plunged in the first quarter of the year, versus the end of last year. According to fresh figures published by the Office for National Statistics, there were some 370 completed M&A deals in the first quarter of the year. This was a significant drop [...]
Garden products manufacturer Marshalls to buy roof tile maker Marley in deal worth £535m April 6, 2022 FTSE 250 paving stone manufacturer Marshalls is set to acquire roof tile manufacturer Marley Group in a deal worth £535m. The garden materials maker struck a conditional deal to acquire Marley, in line with its plans to “become the UK’s leading manufacturer of products for the built environment.” The West Yorkshire headquartered firm said Marley [...]
Private Equity in EMEA: Big and bigger? March 3, 2022 | City Talk M&A saw record-breaking levels across the globe in 2021. And PE activity in the EMEA region has been similarly spectacular. Will it last?
2021: An exceptional year for EMEA M&A March 1, 2022 | City Talk EMEA M&A markets went into overdrive in 2021, spurred by a number of factors, resulting in an exceptional year for dealmakers.
Exclusive: Nearly three quarters of UK tech leaders are concerned regulation will halt M&A in 2022 February 28, 2022 New data has revealed that 73 per cent of senior tech, media and telecoms professionals in the UK are concerned about regulatory activity increasing and impacting their ability to carry out deals in 2022.
MP calls for national security review of Viasat’s £5.4bn Inmarsat acquisition December 20, 2021 A top Tory MP has written to business secretary Kwasi Kwarteng calling for a national security review of Inmarsat’s £5.4bn takeover by US rival Viasat, on the basis that it will “diminish the UK’s sovereign capabilities” in the space sector. Tom Tugendhat, the chairman of the foreign affairs select committee, has written to Kwarteng expressing [...]
CMA launches probe into Microsoft $16bn Nuance deal on antitrust concerns December 13, 2021 Britain’s competition watchdog has launched an investigation into Microsoft Corp’s $16bn acquisition of artificial intelligence and speech technology firm Nuance Communications on antitrust concerns. The Competition and Markets Authority (CMA) this morning said it was launching the probe to establish whether the deal would “result in a substantial lessening of competition within any market or [...]
Fund manager Jupiter gets ready to fend off bids worth £1.3bn December 11, 2021 Jupiter fund manager is enlisting advisory help in preparation of takeover bids, as dealmaking activity across the industry reaches fever pitch, according to Sky News, which first reported the news. The asset manager has hired advisory firm Robey Warshaw to come up with a plan to fend off prospective bidders eyeing up the FTSE-250 company, [...]
CD&R £7bn Morrisons takeover put on ice amid market volatility December 2, 2021 Clayton, Dubilier & Rice’s takeover of British supermarket Morrisons has been postponed to next year, as lenders push back on the massive debt package that the US private equity firm is using to finance the buyout to wait out market volatility. In what represents the UK’s biggest buyout in more than a decade at a [...]
US platform buys Seedrs for $100m after CMA blocks Crowdcube merger on home turf December 1, 2021 UK crowdfunding platform Seedrs is being acquired by US investment platform Republic, just months after the UK’s competition watchdog blocked its plans to merge with homegrown rival Crowdcube. In a transatlantic deal that values Seedrs at approximately $100m (£75m), the two platforms are billing the combined entity as “the first global private investment marketplace with [...]