Accessibility helpSkip to navigationSkip to contentSkip to footer
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign In
  • Home
  • World
    Sections
    • World Home
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • China demands schoolteachers hand in their passports
    • Ireland slams Israel’s ‘outrageous’ demands to its peacekeepers
    • Trump would raise the US debt by twice as much as Harris, report finds
    • EY to hold back some pay from US partners after tough year
    • Starmer wields the knife after shaky first 100 days
  • UK
    Sections
    • UK Home
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
    Most Read
    • Starmer wields the knife after shaky first 100 days
    • Reeves to spare PE bosses top UK tax rate in compromise on ‘loophole’
    • Sue Gray quits as Number 10 chief of staff as Starmer overhauls team
    • Uncertainty over UK government’s plans puts brakes on hiring
    • IFS urges Labour party to make ‘serious reforms’ to capital gains tax
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • EY to hold back some pay from US partners after tough year
    • How Jane Street rode the ETF wave to ‘obscene’ riches
    • Why private credit’s gung-ho growth needs proper monitoring
    • BBC and other public UK broadcasters strike Amazon streaming service deal
    • How I learnt to stop worrying and (mostly) love the e-bike
  • Tech
    Sections
    • Tech Home
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
    Most Read
    • America’s chips effort is at a crossroads
    • US funding drives investment for European military tech start-ups
    • Why tech unicorns struggle to avoid the glue factory
    • OpenAI is right to abandon non-profit status
    • Venture capitalist Ben Horowitz to make ‘significant’ donation to Harris
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
    Most Read
    • How Jane Street rode the ETF wave to ‘obscene’ riches
    • Why private credit’s gung-ho growth needs proper monitoring
    • Beijing tightens grip on renminbi after stimulus rally
    • Spain to propose mini-coalitions to break EU capital markets stalemate
    • Whistleblower demands apology from FCA over ‘inaccurate’ report
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Why private credit’s gung-ho growth needs proper monitoring
    • How I learnt to stop worrying and (mostly) love the e-bike
    • America’s chips effort is at a crossroads
    • To really change the EU, the northern flank must take the lead
    • The case for office pettiness
  • Lex
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
    Most Read
    • How I learnt to stop worrying and (mostly) love the e-bike
    • The case for office pettiness
    • US funding drives investment for European military tech start-ups
    • Why tech unicorns struggle to avoid the glue factory
    • Make sure you are buying the dip not the freefall
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • How I learnt to stop worrying and (mostly) love the e-bike
    • Regeneron head says weight-loss drugs could cause ‘more harm than good’
    • The unusual perks of London’s oldest members’ club
    • Leaving stuff on the stairs to take up later is not OK
    • Four design-led destinations to inspire autumn getaways
  • HTSI
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Lex
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Mergers & Acquisitions

  • Monday, 7 October, 2024
    Mining
    Rio Tinto in talks to buy Arcadium Lithium

    Deal would make miner one of world’s largest producers of key battery material

    new
    A worker wearing a Rio Tinto hard hat and orange safety vest examines trays of cylindrical jadarite rock samples using a green spray bottle at the Rio Tinto Group research center in Loznica, Serbia
  • Monday, 7 October, 2024
    Yoox Net-a-Porter
    Richemont to sell struggling Yoox Net-a-Porter to Mytheresa

    Losses at YNAP have cost its parent billions of euros in writedowns

    new
    A close-up view of the Net-a-Porter website displayed on a computer screen, with a magnifying glass highlighting the site's logo and navigation options such as "Bags" and "Jewelry & Watches"
  • Monday, 7 October, 2024
    Seven & i Holdings Co Ltd
    Seven & i looks to bolster takeover defences with non-core asset sales

    Owner of 7-Eleven brand considers disposing of supermarket chain and selling stake in Seven Bank

    Customers leave a 7-Eleven store in Tokyo, Japan
  • Sunday, 6 October, 2024
    Daily Telegraph
    New York Sun owner Efune closes in on £550mn deal for UK’s Telegraph

    Offer could end 16-month battle to control the conservative British national newspaper

  • Sunday, 6 October, 2024
    Playtech Ltd
    Shareholders hit out at Playtech’s proposed €100mn bonus scheme

    Some investors unhappy about plans to reward senior executives following group’s disposal of Italian unit

    A Playtech sign at  the ICE London B2B gambling event
  • Friday, 4 October, 2024
    LexUK companies
    Saga is still battling its private equity legacy, a decade on Premium content

    Woes persist for London-listed company pummelled by pandemic and inflationary headwinds

    An elderly couple watch Saga’s ‘Spirit of Adventure’ cruise liner in Lower Saxony
  • Friday, 4 October, 2024
    Due Diligence
    Blackstone’s real estate prophecy Premium content

    Plus, Kamala Harris drums up support from Wall Street and Chinese biopharma companies consider asset sales as new US regulations loom

    Blackstone president Jonathan Gray
  • Thursday, 3 October, 2024
    Anglo American PLC
    Anglo American chief says not ‘inevitable’ buyer will emerge after group slims down

    Wanblad plays down prospects of new bid after failed BHP takeover attempt

    AWorker outside a De Beers mining site.
  • Thursday, 3 October, 2024
    British Land Co PLC
    Listed landlords gaining upper hand over private equity, says British Land boss

    Simon Carter says higher debt costs have levelled the playing field as UK property group buys several retail parks

    Exterior of Glasgow Fort shopping centre, which is owned by British Land
  • Thursday, 3 October, 2024
    Due Diligence
    OpenAI: it’s us or them Premium content

    Plus, the battle over the world’s biggest zinc smelter and a look at Carl Icahn’s rigid confidentiality agreements

  • Wednesday, 2 October, 2024
    News in-depthUniCredit SpA
    Anatomy of a trade: how UniCredit built its Commerzbank stake

    Italian lender sidestepped bank ownership rules to build 21% position in German rival

    Montage of Andrea Orcel with Barclays, Bank of America, UniCredit and Commerzbank logos and euro notes in the background
  • Wednesday, 2 October, 2024
    Spanish politics
    Hungarian investors accuse Spain of breaking EU law over rail deal veto

    Madrid blocked sale of Spanish trainmaker Talgo for political reasons, says Ganz-MáVag chief

    A railway worker watches as a passenger boards a train made by Talgo in Barcelona, Spain
  • Wednesday, 2 October, 2024
    Due Diligence
    Is Apollo a friend or foe to banks? Premium content

    Plus, how Andrea Orcel covertly built up a stake in Commerzbank and celebrities ditch BDO after ex-employee is accused of fraud

    Marc Rowan
  • Wednesday, 2 October, 2024
    Private equity
    Bennett Goodman’s Hunter Point raises debt to distribute cash to investors

    Limited deals have choked off payouts to private equity fund backers, leaving firms searching for ways to deliver returns

    Bennett Goodman, co-founder and executive chairman of Hunter Point Capital
  • Tuesday, 1 October, 2024
    Music
    Pink Floyd agrees deal to sell music rights to Sony for $400mn

    The deal struck this week marks the end of years of infighting among band members over the sale

    Pink Floyd at a photo session in the Japanese garden, Tokyo, March 1972
  • Tuesday, 1 October, 2024
    LexAbu Dhabi National Oil Co
    Adnoc’s cash has good chemistry with struggling German industry Premium content

    Deal may provide a test case for other Middle Eastern investors scouring the world for opportunities

    Large cylindrical storage tanks at the Covestro chemical park in Dormagen, Germany.
  • Tuesday, 1 October, 2024
    Commerzbank AG
    EU policymakers lash out at Berlin’s Commerzbank ‘hypocrisy’

    Bloc’s officials say opposition to UniCredit’s move on German lender at odds with Berlin’s pro-EU stance

    A Commerzbank logo with UniCredit credit cards in the foreground
  • Tuesday, 1 October, 2024
    Mulberry Group PLC
    Mulberry rejects £83mn takeover bid from Mike Ashley’s Frasers

    Struggling UK luxury brand says offer does not recognise its ‘substantial future potential value’

    A Mulberry bag
  • Tuesday, 1 October, 2024
    Abu Dhabi National Oil Co
    Abu Dhabi targets largest-ever foreign takeover with €14.7bn offer for Germany’s Covestro

    Adnoc seeks to acquire chemicals groups as it prepares for a world less reliant on oil as a fuel

    A Covestro employee checks a tank for carbon dioxide in Dormagen, Germany
  • Tuesday, 1 October, 2024
    UnhedgedRobert Armstrong
    The AT&T-DirecTV mistake Premium content

    How a $67bn deal went wrong

    DirecTV logo outside its headquarters
  • Tuesday, 1 October, 2024
    Due Diligence
    Jane Street and Citadel: the new trading kings Premium content

    Plus, TPG leans into the streaming wars and PGIM’s chief executive warns of ‘layered leverage’ risks in private equity

    Logos of Citadel Securities and Jane Street Capital with 425 Park Avenue
  • Tuesday, 1 October, 2024
    LexPrivate equity
    Private equity puts the L back in LBO Premium content

    Interest of PE groups in Sanofi’s Opella highlights the renewed ebullience of debt financiers

    A person walks past Sanofi’s Paris headquarters
  • Monday, 30 September, 2024
    News in-depthStreaming services
    TPG bets it can build a streaming disrupter from satellite TV’s decline

    Private equity group’s DirecTV and Dish deals are about creating a budget rival to Netflix and Apple

    DirecTV satellite dish
  • Monday, 30 September, 2024
    LVMH
    LVMH sells Off-White streetwear brand founded by Virgil Abloh

    Fashion label to be acquired by New York-based Bluestar Alliance

    Models walk the runway during the finale of the Off-White fashion show during New York Fashion Week
  • Monday, 30 September, 2024
    Virgin Australia Holdings Ltd
    Qatar Airways agrees to buy 25% stake in Virgin Australia

    Australia’s second-largest carrier would return to long-haul flying as part of the deal

    Virgin Australia planes lined up at departure gates at Sydney airport
Previous page You are on page 1 Next page

Join us at an FT Live event

Discover unmissable flagship events and members only communities to expand your thinking and elevate your career

FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
FT Live
Reinvigorating UK Public Markets In 2025
What is the outlook for IPO and public M&A activity?
Thursday, 10 OctoberDigital Conference
FT Live
Global M&A Outlook Series - APAC
Exploring innovative dealmaking strategies for 2025
Wednesday, 23 OctoberOnline
Explore all events

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter

Community & Events

FT Live EventsFT ForumsBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2024. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Edition:UK
International
Subscribe for full access

Top sections

  • Home
  • World
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
  • UK
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
  • Markets
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Lex
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports

FT recommends

  • Alphaville
  • FT Edit
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Schools
  • FT Live Events
  • FT Forums
  • Board Director Programme
  • myFT
  • Portfolio
  • FT Digital Edition
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In