The board of budget airline easyJet has said that it has thrown its support behind a £5.2 billion ($6.9 billion) takeover offer from Castlelake LP after rejecting four earlier approaches from the alternative investment firm.
The board of budget airline easyJet has said that it has thrown its support behind a £5.2 billion ($6.9 billion) takeover offer from Castlelake LP after rejecting four earlier approaches from the alternative investment firm.
Media giant Sky Group said Monday that it has agreed to acquire the broadcast and streaming division of ITV for as much as £1.6 billion ($2.1 billion) in a move that would bring together two of the U.K.'s best-known media businesses.
Swiss pharmaceutical heavyweight Novartis said Monday that it will buy London-based biotechnology company Myricx Bio for up to $1.5 billion in a move to strengthen its oncology pipeline.
The founder of a tap sales and installation company has sued Britvic for £3.6 million ($4.8 million), alleging that the soft drinks maker deliberately mismanaged the business after acquiring it to avoid earnout payments agreed in the sale.
Global defense company Lockheed Martin, advised by Hogan Lovells Cadwalader and Fried Frank Harris Shriver & Jacobson LLP, on Monday unveiled plans to acquire private equity-backed undersea warfare solutions company Ultra Maritime in a $3.45 billion deal.
Analytics company Clarivate PLC on Monday announced that it has agreed to sell its Life Sciences & Healthcare segment to investment firm Altaris LLC in a $600 million deal built by three law firms.
Defense technology company Key Technologies Ltd. has completed a £5 million ($6.7 million) full-scheme buy-in to secure the retirement benefits of all 48 members of its pension program, U.K. consultant Broadstone said Monday.
The Financial Conduct Authority said in a review on Monday that artificial intelligence will transform services in the sector for consumers, proposing a seven-step framework to determine how it intends to regulate the technology.
Data center owner CSquare said Monday it aims to raise $1.3 billion in an initial public offering next week advised by Paul Weiss Rifkind Wharton & Garrison LLP and underwriters' counsel Latham & Watkins LLP.
Glenstone REIT said Monday that it has increased its offer price for Alternative Income REIT to approximately £57.5 million ($76.7 million) to persuade fellow shareholders of the London-based property investment rival, which has rejected its previous approaches.
Smiths Group said Monday it will soon roll out a share buyback of up to £400 million ($533 million), the second part of the engineering company's wider £1 billion stock repurchase program.
GoldStone, a gold producer and exploration company, said Monday that a Hong Kong-listed mining company has agreed to subscribe for shares representing about 21% of its share capital, raising proceeds of £3.51 million ($4.7 million).