🔒 Foreign buyers shake up UK market with premium-driven acquisitions: Chris Hughes
In a resurgence of foreign interest, particularly from the US, UK companies are finding themselves at the centre of acquisition fervour.
Acquisition
Twitter shares soar as Musk proposes closing initial deal
Elon Musk has offered to close his acquisition of Twitter Inc. TWTR 22.24%▲ on the terms he originally agreed to.
Klipdrift maker Distell eyes international acquisitions as SA economy dries up
Distell Group is considering raising funds through a rights issue as SA’s largest alcoholic-drinks maker seeks acquisitions outside its home market.
MTN to explore acquisition of Telkom to challenge Vodacom
MTN Group Ltd. is exploring whether to pursue an acquisition of a majority stake in landline provider Telkom SA SOC Ltd. to challenge Vodacom Group Ltd.’s dominance in South Africa’s telecommunications market.