Mergers and acquisitions
SPOT: Paragon Group buys two businesses
Paragon Group has acquired the OfficeTeam and ZenOffice businesses after parent group Spicers Office Team (SPOT) went into administration.
Agfa completes health sale amid concern over plates performance
Agfa has completed the sale of its HealthCare Information Solutions business, with fresh CEO Pascal Juéry stating that the near-€1bn proceeds will be used to “secure the future of the company”.
LSC Communications looks at sale options
US print giant LSC Communications has appointed investment bankers to explore a sale of the business that could see it broken up.
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.