$75.22 1.1 1.5%
Last Trade - 16/04/21
Market Cap | £2.35bn |
Enterprise Value | £2.43bn |
Revenue | £434.9m |
Position in Universe | 1794th / 6850 |
June 11 (Reuters) - The coronavirus outbreak has dampened the mood for dealmaking globally as fears of severe economic damage from the crisis have forced several companies to walk away from announced transactions. Here's a list of some of the major deals that have been abandoned or revised due to the COVID-19 pandemic: Deal Deal value Date of Date of USN announcement deal termination Composites technology company Hexcel Corp $6.4 bln 12-01-2020 06-04-2020 urn:newsml:reuters.com:*:nL4N2BU2NL HXL.N and aircraft and industrial parts maker Woodward Inc WWD.O called off their all-stock merger L Brands Inc LB.N called off the sale of its $525 mln 20-02-2020 04-05-2020 urn:newsml:reuters.com:*:nL4N2CM38Q majority stake in its Victoria's Secret unit to investment firm Sycamore Partners U.S. printer maker Xerox Holdings Corp XRX.N $35 bln 05-11-2019 31-03-2020 urn:newsml:reuters.com:*:nL1N2BO2T1 walked away from its hostile cash-and-stock bid for HP Inc HPQ.N Texas Capital Bancshares TCBI.O and 09-12-2019 26-05-2020 urn:newsml:reuters.com:*:nL1N2D82J1 Independent Bank Group IBTX.O called off their merger of equals India's Yatra Online Inc YTRA.O terminated a Enterprise 11-03-2019 05-06-2020 urn:newsml:reuters.com:*:nL4N2DI3RP pending merger agreement with U.S. software value of firm Ebix Inc EBIX.O $337.8 mln U.S. private-equity firm Blackstone BX.N has Just over 14-02-2020 urn:newsml:reuters.com:*:nL8N2DL1C8 lowered its takeover bid for the Dutch bank 1 billion NIBC NIBC.AS by around 25% euros ($1.13 billion) World's biggest cement maker LafargeHolcim $2.15 bln 09-05-2019 11-05-2020 urn:newsml:reuters.com:*:nL8N2CT2OB LHN.S has decided to keep its Philippines business after a deal to sell the operation collapsed Australia's AMP Ltd AMP.AX has scrapped plans 08-05-2020 urn:newsml:reuters.com:*:nL4N2CP5CE to divest its New Zealand wealth management arm after offers for the unit fell short of its expectations Italian financial group Mediobanca MDBI.MI 03-08-2018 01-05-2020 urn:newsml:reuters.com:*:nL6N0WY4E4 has dropped plans to buy a stake in Indonesia's consumer credit operator BFI Finance BFIN.JK because the COVID-19 emergency had made the deal "unrealistic" Norwegian fertilizer maker Yara YAR.OL called 26-06-2019 23-04-2020 urn:newsml:reuters.com:*:nL5N2CB22D off plans to spin off its industrial nitrogen business due to the COVID-19 outbreak Canada's Alimentation Couche-Tard Inc ATDb.TO $5.6 bln 11-10-2019 20-04-2020 urn:newsml:reuters.com:*:nL4N2C70PP said it would shelve its buyout of petrol station operator Caltex Australia Ltd CTX.AX (Reporting by Sanjana Shivdas in Bengaluru) ((SanjanaSitara.Shivdas@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1642; Twitter: @SanjanaShivdas;))