Major Deals News

?>

IAG set to buy Aer Lingus stake

International Airlines Group (IAG), the owner of British Airways, is set to buy the Irish government’s 25% stake in Aer Lingus.   Aer Lingus rejected two takeover from IAG last year, claiming that they undervalued the business.   The offer also received strong opposition from Irish MPs, who voiced their...

see full article

£150m private equity deal for Poundworld

High street retailer Poundworld has been acquired in a deal valued at £150m by leading global private investment firm TPG.   The all-cash deal will see founder of Poundworld, Chris Edwards, and his son, Christopher, as well as other members of the management team retain a “substantial minority” equity stake....

see full article

BT and EE agree deal

BT Group plc has agreed a deal with Deutsche Telekom and Orange to acquire mobile network EE for £12.5 billion. The deal, which is expected to be completed by March 2016, is subject to shareholder and regulatory approvals, including approval from the Competition and Markets Authority.   The takeover will...

see full article

Mobile network Three to acquire O2 in £10 billion deal

Mobile network Three has announced it has started exclusive takeover talks with rival O2.   Three’s parent company, Hutchinson Whampoa, has confirmed it is ready to pay £10.25 billion for larger rival O2 in a deal that would create the largest mobile network in the UK with over 31 million...

see full article

esure take full control of Gocompare in £95 million deal

Insurance giant esure has announced that it has acquired the remaining 50% stake in price comparison wesbite Gocompare in a deal that will give them full control of the company.   esure has said the acquisition would help to create “investment opportunities in the short term to drive expansion and...

see full article

Viacom complete £450m deal for Channel 5

After several months of waiting for clearance from the European Commission, Viacom International Media Networks Inc. has confirmed that it has completed the £450 million acquisition of Channel 5 Broadcasting Ltd.   The merger means the American media giant will have a firm foothold within the UK broadcasting market and...

see full article

Carphone Warehouse and Dixons agree £3.8 billion merger

Carphone Warehouse Group plc and Dixons Retail plc have agreed a £3.8 billion merger to create Dixons Carphone, which will bring high-street giants Carphone Warehouse, Currys and PC World all underneath the same umbrella.   Dixons Carphone, which operates out of 3,000 stores and generates sales of almost £11 billion,...

see full article

Get in touch with us today on 0203 441 2003 or use our contact for all enquiries