Mergers and acquisitions
KPP progressing with Antalis takeover
Progress has been made in Kokusai Pulp & Paper’s takeover of merchanting group Antalis, with two key steps now complete.
Xerox scraps $35bn bid for HP
Xerox has scrapped its attempt to carry out a hostile takeover of HP due to the global health crisis caused by the Covid-19 virus.
Warning over future for SMEs amid virus crisis
A nationwide network of accountancy firms has warned that nearly one in five SMEs will not survive the next month due to the Covid-19 situation unless more effective rescue packages are put in place.
Antalis agrees takeover deal with Japanese giant Kokusai
Shares in Antalis have spiked after the merchanting group announced that after more than a year its search for a new shareholder had resulted in a proposed deal with Japan’s Kokusai Pulp & Paper...
HP tells shareholders now is not the time for M&A
HP has told its shareholders that "it’s abundantly clear" that now is not the time to partake in M&A activity, in light of its pursual by Xerox.
Texo Trade Services acquires specialist paper convertor
Texo Trade Services has acquired and rebranded paper reconditioner Rootring Papier.
Signs Express (Lancaster) bought by general manager
Signs Express’ Lancaster franchise has come under new ownership after its general manager bought the business.
Astley rebrands to consolidate acquisition-based growth
Astley is set to finalise its 2016 acquisition of Sign of the Times by rebranding its subsidiary operation under its own name with a new logo and website for the group.
Watermill Press acquired by Swedish label specialist
Bradford-based label printer Watermill Press has been acquired by Swedish company Nordvalls.
Xerox adds extra HP board candidate
Xerox has made a further nomination in its slate of proposed HP board directors, and is readying a special meeting of Xerox shareholders to seek their approval for its offer.