mergers

AstraZeneca has rejected a new takeover bid by Pfizer, arguing it still undervalues the business.

3i Group has sold its stake in Bestinvest to private equity firm Permira for an undisclosed sum.

With true alpha proving ever harder to come by, it is no surprise that articles highlighting some of the top performers of recent years proved among the most popular of this week's stories.

Gottex Fund Management is to take a majority stake in UK multi-asset boutique Frontier Investment Management.

Now we have published our final issue of Investment Week for 2012, we reflect on what has been a rollercoaster year characterised by big changes in the fund management industry.

Panic about house prices, asset bubbles and China caught our readers' attention this year, with the views of leading hedgies and controversial industry figures featuring in our list of the 20 most read stories of 2012.

Quilter has signed an agreement with Cheviot Asset Management that will see the two businesses merge by the end of the year.

Quilter & Co and Cheviot Asset Management are in talks to combine their businesses via a private-equity facilitated merger.

Glencore has revised the terms of its proposed merger with Xstrata again, following a backlash from shareholders on Friday over the terms of the deal.

Saracen Fund Managers has acquired the mandate to run the Bloxham Global Equity Income fund, as part of a plan to merge it with their own Global Income and Growth fund at the end of the year.