United Kingdom


Fortum says Uniper deal faces roadblock in Russia


HELSINKI Finnish utility Fortum said on Thursday that Russia's approval for the company's planned investment in Germany's Uniper may be postponed due to legislative changes in Moscow.

ATON raises bid for South Africa's Murray & Roberts, ups stake to 44 percent 2:06pm BST

JOHANNESBURG German investment house ATON raised its takeover offer for Murray & Roberts by about 13 percent to $426 million on Friday, attempting to secure investor backing after the South African builder struck a deal of its own last week.

Poland's Cyfrowy agrees to buy controlling stake in Eleven Sports Network Sp.z o.o 7:20am BST

WARSAW Polish media and telecoms group Cyfrowy Polsat said late Thursday it agreed to buy a controlling stake in sports content producer and distributor Eleven Sports Network Sp.z o.o. (ESN) for 38 million euros ($44.48 million).

Partners Group consortium to buy Techem in $5.4 billion deal 10:32am BST

ZURICH A consortium led by Swiss asset manager Partners Group Holding will buy Techem from Macquarie in a deal that values the German metering company at an enterprise value of 4.6 billion euros ($5.4 billion), Partners Group said on Friday.


Sweden's Telia in talks to buy Bonnier's broadcasting business 1:44pm BST

STOCKHOLM Telecom group Telia confirmed it is in talks to buy Bonnier's broadcasting business, seeking to add TV content in a deal which a media report said could be worth 10-12 billion crowns ($1.2-$1.4 billion).


Eni working on bid for Terra Firma solar assets in Italy: CEO 12:09pm BST

ST PETERSBURG Italian oil major Eni is working on a joint bid for Terra Firma's solar assets in Italy with Qatar Petroleum, Eni CEO Claudio Descalzi told Reuters on the sidelines of the St Petersburg Forum on Friday.


Canada blocks Chinese takeover of Aecon on national security grounds 24 May 2018

Canada has blocked a proposed C$1.51 billion ($1.18 billion) takeover of construction company Aecon by a Chinese state builder on national security grounds, underscoring rising wariness of Chinese firms buying up assets in Western countries.

Herff Jones maker Varsity Brands explores sale: sources 24 May 2018

Varsity Brands Inc is exploring a sale that could value the U.S. company behind yearbook and class ring maker Herff Jones and cheerleading uniforms label Varsity Spirit at over $2.5 billion, including debt, according to people familiar with the matter.


Algeria's Sonatrach hopes for Exxon Mobil deal on shale gas 24 May 2018

IN SALAH, Algeria Algerian state energy firm Sonatrach is seeking cooperation with Exxon Mobil Corp on shale gas "and more", Sonatrach's chief executive said on Thursday.


Ryanair says has never made an approach for Norwegian Air 24 May 2018

DUBLIN Ryanair has never made an approach for Norwegian Air and does not intend to, the Irish airline said on Thursday, disputing claims made by the chief executive of its rival budget carrier.