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The Czech billionaire has a month to make a formal bid after his £4.5bn indicative offer was rejected
Expect more deals after Prysmian’s acquisition of Encore Wire
Purchase of $15.6bn-valued US company would be French group’s biggest acquisition
Plus, Blackstone’s M&A machine revs up and Arnault lays the groundwork for LVMH’s future
Media company is already in exclusive talks with Skydance about a potential deal
Preliminary approach underscores private equity’s interest in professional services
Struggling music rights business strikes deal with US rival
A deal would see the private-equity controlled lender eventually return to mutual ownership
Victory Capital deal will nearly triple US assets under management
The USW has inserted itself into the election, US-China relations and a $14.9bn cross-border deal
Also in this newsletter: Competition hawks fret over Enrico Letta’s plans for EU merger rules
Plus, Elon Musk’s second try at a massive payday and Chinese law firms make a push abroad
Co-working group is seeking hundreds of millions of dollars to exit bankruptcy without a sale
Shares in International Distributions Services jump 29% on energy tycoon’s interest
Stock reflects the burden that an obligation to deliver letters six days a week has become
Gulf energy group in discussions with CVC and GIP about possible acquisition of their shares
Plus, Raiffeisen Bank touts Russian growth in job ads and an investment banking boost in the US
UK’s Hostmore, one of restaurant chain’s biggest franchisees, agrees £177mn reverse takeover in boost for City
Calls for London-listed engineer Wood Group to consider a US listing are delusional
Knock on Wood
FTSE 100 group agrees sale to Memphis-based rival as industry consolidation quickens
Plus, Goldman Sachs goes back to basics and the Swedish powerhouse behind EQT
Regulatory approval comes as Chinese economic growth slows
Deal with Group 1 Automotive is the latest in consolidation wave hitting car retail sector
MediaForEurope pushing its own board nominees but denies planning takeover of German broadcaster
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