Mergers and acquisitions

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.

HP derides raised Xerox takeover bid
HP has recommended that its shareholders reject Xerox’s raised takeover offer, which it said still undervalues the business.

Xerox launches tender offer for HP shares
Xerox has launched a tender offer for all of HP’s outstanding shares as it ramps up its hostile takeover bid for the manufacturer.

API Foils bought out of admin
API Group’s foils division has been bought out of administration by Australian company Aldus.