Takeover

• L'azienda del FTSE 100 è "propensa a raccomandare" l'offerta di 60 sterline per azione della società controllata dalla famiglia del miliardario Wallenberg • La società di test di laboratorio Intertek è diventata l'ultima azienda del FTSE 100 ad accettare un'acquisizione, sostenendo l'offerta da 10,6 miliardi di sterline di una società di private equity di proprietà della famiglia svedese del miliardario Wallenberg. • Dopo aver respinto tre precedenti approcci, il consiglio di amministrazione di Intertek ha dichiarato di essere "propenso a raccomandare" agli azionisti l'offerta di 60 sterline per azione della società di buyout svedese EQT, qualora venga presentata un'offerta ferma. Continua a leggere...

• L'amministrazione Trump richiede l'approvazione del Congresso per prolungare un commissariamento federale di 30 giorni, annunciato l'8 maggio 2026. • La misura riguarda operazioni federali non specificate, mettendo in luce le dinamiche di potere tra i rami del governo. • La proroga potrebbe influire sull'attuazione delle politiche nazionali, attirando l'attenzione di entrambi i partiti sull'eccesso di potere dell'esecutivo.

• AI coding startup Cursor agreed to a $60 billion conditional takeover from SpaceX last month but is keeping distance from xAI integrations. • Rivals anticipated deeper ties, but Cursor emphasizes operational autonomy post-potential acquisition. • The move highlights tensions in AI ecosystem consolidations amid Elon Musk's overlapping ventures.

Video game retailer’s CEO warns that unsolicited bid could turn hostile if it is rebuffed by resale site’s board US video games retailer GameStop has offered to buy eBay for $55.5bn (£41bn) in an unsolicited bid that its boss warned could turn hostile if the proposal is rebuffed by eBay’s board.GameStop, which has quietly accumulated a 5% stake in eBay, said it was willing to pay $125 a share, split 50-50 between cash and stock. Continue reading...

Sources say German group may struggle to recoup its investment as titles shift to less profitable modelsAxel Springer did not complete due diligence on the Telegraph before sealing its £575m takeover, with sources saying the German media company could struggle to recoup its eye-watering investment as the titles shift toward less-profitable digital subscribers.To wrap up the deal quickly, Mathias Döpfner, the chief executive of Axel Springer, decided to forgo the usual extensive due diligence process to vet the value and prospects of a company, according to multiple sources. Continue reading...

• The president requires congressional approval to extend a 30-day federal takeover of unspecified operations beyond the initial period. • Lawmakers from both parties debate the scope, with costs projected at millions in taxpayer funds. • Extension could set precedent for future interventions, raising federalism concerns among states.

Heavily indebted UK-listed gambling company says it is discussing possible offer from US group at 50p a shareBusiness live – latest updatesEvoke, the London-listed gambling company that owns William Hill and the 888 online casino brand, is in takeover talks with the US casino operator Bally’s Intralot.The heavily indebted company said in a statement to the stock market that it is in discussions with Bally’s “regarding a possible offer” for the business at 50p a share, almost a third higher than its closing price on Friday and valuing the group at £225m. Continue reading...

Lisa Nandy says there are no grounds to refer Axel Springer deal to Ofcom, ending almost three years of uncertainty for titlesBusiness live – latest updatesThe culture secretary has cleared Axel Springer’s £575m takeover of the Telegraph, paving the way for the end of almost three years of uncertainty over the ownership of the titles.Lisa Nandy said that she does not believe there are grounds to intervene and refer the deal to the media regulator, Ofcom, for an in-depth regulatory investigation. Continue reading...

Billionaire claims world’s biggest music company has suffered due to postponement of US listingBusiness live – latest updatesBillionaire Bill Ackman’s hedge fund has offered to buy Universal Music Group (UMG) in a deal that values the world’s biggest music company at more than €50bn (£44bn).Pershing Square, the New-York based hedge fund, has offered to buy the business, which is home to artists including Taylor Swift and Elton John, in a cash and stock deal. Continue reading...

• Morningstar identifies three core stocks as overvalued on March 24, 2026, recommending investors scale back holdings. • Estee Lauder shares declined after reports of Japan's Sumitomo Mitsui Financial Group exploring a takeover, while Puig shares rallied in Madrid. • The analysis urges taking profits amid high valuations, with Estee Lauder in turnaround mode showing minimal reaction to news.

Milan-based bank plans to up its near-30% stake in German lender to trigger formal talks despite strong opposition from BerlinTwo European banking powerhouses have become embroiled in a €35bn (£30bn) takeover battle after Italy’s UniCredit stepped up its long-running pursuit of German lender Commerzbank, despite strong opposition from the German government.UniCredit first took a stake of 9% in Commerzbank in September 2024 and has since built up its holding to just under 30%. It said on Monday it was pushing to increase that holding further and push the rival lender into formal merger talks. Continue reading...

Warner Bros' films *One Battle After Another* and *Sinners* are favored for major wins at the 2026 Oscars this weekend, positioning the studio for success despite looming takeover plans. The proposed $110 billion Paramount-Skydance merger, subject to regulatory reviews, threatens Hollywood stability by consolidating two legacy studios and risking job losses. Teamsters president Sean M. O'Brien warned, 'This merger threatens the livelihoods of workers who built these studios.' Industry figures like JJ Abrams describe the atmosphere as 'shaky and unsettled,' with attention now turning post-ceremony.