The London Stock Exchange Group and S&P Global are among potential bidders for data provider Preqin, four people with knowledge of the situation said. The owners of the UK data firm that focuses on the private...
HanesBrands to sell sportswear business Champion to Authentic Brands in $1.2 bln deal
HanesBrands said on Wednesday it would sell its sportswear brand Champion to Authentic Brands Group in a deal valued at $1.2 billion, as the company looks to streamline business and focus on its innerwear categories...
Dollar Tree explores sale of struggling Family Dollar banner
Dollar Tree said on Wednesday it was exploring options, including a potential sale or spinoff of its Family Dollar banner, as it looks to restructure business amid still-high inflation that continues to strain consumer...
UK’s Wood Group to discuss with Sidara on possible takeover proposal
UK’s John Wood Group said on Wednesday its board would discuss with Sidara on a sweetened takeover proposal and grant the Dubai-based engineering and consulting firm access to due diligence materials. Shares in...
Riot Platforms acquires 12% stake in rival Bitfarms
Bitcoin miner Riot Platforms said on Wednesday it has acquired ownership of 12% stake in rival Bitfarms Ltd. The company bought around 1.5 million shares in Bitfarms on Wednesday at the price of about $2.45 per...
Temasek, Fidelity pick up $200 million stake in Lenskart secondary deal at $5 billion valuation
Singapore sovereign fund Temasek and US financial services major Fidelity have together invested $200 million in Lenskart through a secondary share sale at a valuation of $5 billion, the company said in a statement...
Cannabis producer Green Thumb explores merger with Boston Beer, letter shows
Cannabis producer Green Thumb Industries is prepared to make an offer for a potential merger deal with U.S.-based brewer Boston Beer, according to a letter seen by Reuters. Green Thumb CEO Ben Kovler in a letter to...
Blackstone bets on UK rental homes in $740 million deal
U.S. private equity giant Blackstone has agreed to buy 1,750 new homes to rent from British housebuilder Vistry, as institutional investors bet on a shortage of rental properties. Large investors are increasingly...
Ackman’s Pershing Square raises $1.05 bln in stake sale ahead of potential IPO
Billionaire Bill Ackman’s Pershing Square Capital Management has raised $1.05 billion by selling 10% stake in the hedge fund to a consortium of institutional investors and family offices, it said on Monday. The...
Waste Management nears deal to buy Stericycle for $7 billion, WSJ reports
Waste Management is nearing a deal to buy medical waste disposal company Stericycle for roughly $7 billion, including debt, the Wall Street Journal reported on Sunday. The acquisition of Bannockburn, Illinois-based...
Tether acquires $100 million stake in US-Listed bitcoin miner Bitdeer
Stablecoin issuer Tether Holdings Ltd. has acquired a $100 million stake in Bitdeer Technologies Group, the US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu, with an option to purchase an additional $50...
OneWater in Talks to Buy Rival Boat Dealer MarineMax
OneWater Marine Inc. is in talks to acquire its larger rival MarineMax Inc., people with knowledge of the matter said Sunday. OneWater has made a $40-a-share offer for MarineMax following months of private discussions...
