London-listed Segro said Monday that it has rejected a third takeover approach from U.S. real estate investment trust Prologis valuing it at £13.5 billion ($18.2 billion), but said it would be willing to engage in talks if an "improved proposal" was made.
London-listed Segro said Monday that it has rejected a third takeover approach from U.S. real estate investment trust Prologis valuing it at £13.5 billion ($18.2 billion), but said it would be willing to engage in talks if an "improved proposal" was made.
Samsung Biologics said Monday it has agreed to acquire Swiss drug manufacturer PolyPeptide Group in an all-cash deal worth 1.46 billion Swiss francs ($1.8 billion), accelerating the South Korean company's expansion into the growing peptide biopharmaceutical sector.
The government must encourage pension schemes to invest more in the domestic economy through targeted incentives and a stronger pipeline of investment opportunities, rather than impose mandatory size thresholds or deadlines, a trade body has warned.
Testing laboratories company Eurofins Scientific said Monday that it has agreed to acquire the biopharmaceutical product testing, environmental testing and food testing services business of Element Materials Technology for $400 million.
Alternative Income REIT said Monday that the potential all-share takeover offer of approximately £62.1 million ($83.5 million) from AEW UK appears to be more attractive than a competing £57.5 million cash approach from its largest shareholder Glenstone.
Ferguson Enterprises Inc. said Monday that it has canceled its secondary listing on the London Stock Exchange after four decades, leaving the plumbing products distributor listed exclusively in New York.
Andy Burnham succeeded Keir Starmer as British prime minister on Monday, pledging to end four decades of private sector-led policy by expanding state control over people's well-being and the economy.
