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Category: Mergers & Acquisitions

Fox makes formal £11.7 billion bid to take over Sky

Author: webeditor

Rupert Murdoch’s 21st Century Fox has tabled a formal £11.7 billion takeover bid for broadcaster Sky. Fox’s offer of £10.75 per share for the 61% of Sky it does not already own values the Game Of Thrones broadcaster at £18.5... Read more

Drax to buy Opus Energy in £340 million deal

Author: webeditor

Power station owner Drax has announced a £340 million deal to buy gas and electricity supplier Opus Energy as part of a bold strategy overhaul. The group said the takeover of small business supplier Opus – which has more than... Read more

JD Sports buys Go Outdoors for £112.3 million

Author: webeditor

JD Sports has acquired retailer Go Outdoors for £112.3 million from its private equity owners. The deal will see JD Sports buy the 58-store tents to cycles retailer from YFM Equity Partners and 3i Group and adds to the group’s... Read more

Johnston Press sees revenues boost from i newspaper

Author: webeditor

Newspaper publisher Johnston Press said sales were on the rise after the i newspaper bolstered its readership. Circulation revenues rose 18.8% year-on-year in the 17 weeks to October 29, with the i paper increasing its slice of the quality newspaper... Read more