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...
Everton takeover by US private equity firm falls through
Everton’s takeover agreement with prospective owner 777 Partners has expired, the Premier League club said on Saturday, after the U.S. private equity firm failed to complete the acquisition of Farhad...
Blackstone set to sweeten Hipgnosis offer as part of revised bid, FT reports
Blackstone will sweeten its offer for Hipgnosis Songs Fund by a cent to $1.31 from $1.30 as part of a revised bid that would value the firm at nearly at $1.6 billion, the Financial Times reported on Monday. The deal...
UK’s Renewi to sell UK Municipal business to Biffa
Waste management firm Renewi plans to sell its UK Municipal business to Biffa Ltd as it fully shifts focus to European recycling markets in line with last year’s strategic review, the London-listed company said on...
Italy scales back plans to sell stake in Poste
Italy will retain 51% of Poste Italiane, the Treasury told unions on Thursday, scaling back a previous plan to cut the state’s stake in the postal service to as low as 35% from 64% currently. The move highlights...
General Atlantic likely to sell up to 6.8% stake in KFin Technologies today
Global private equity firm General Atlantic is likely to sell up to a 6.8% stake in KFin Technologies on Thursday through an open market transaction, according to a term sheet issued by IIFL. The base size of the sale...
TPG Asia to sell entire stake in RR Kabel via Rs 957 crore block deal today
PE firm TPG Asia is selling its entire stake in wire and cable manufacturer RR Kabel through a block deal on Thursday to raise Rs 957 crore ($114.9 million), according to a term sheet reviewed by ET. TPG Asia holds a 5%...
Adam Neumann ends bid to buy WeWork, NYT Dealbook reports
Adam Neumann has ended his bid to re-acquire WeWork as the coworking business he co-founded has chosen to emerge from bankruptcy with an “unrealistic” plan, he told the New York Times Dealbook on Tuesday...
German vice chancellor remains committed to TenneT takeover, reports Rheinische Post
German vice chancellor and economics minister Robert Habeck remains committed to the takeover of Dutch grid operator TenneT, German newspaper Rheinische Post reported on Wednesday. “I still think it makes sense...
Energy Capital Partners to acquire Atlantica for $2.56 bln
Private equity firm Energy Capital Partners will buy Atlantica Sustainable Infrastructure for $2.56 billion in cash, the utility said on Tuesday, in a deal that will give its biggest shareholder funds to lower its debt...
Riot Platforms proposes to buy crypto miner Bitfarms, becomes largest shareholder
Riot Platforms said on Tuesday it has offered to acquire all outstanding shares of Bitfarms for about $950 million in total equity value, even after a private proposal was rejected by the crypto miner’s board last...
Timken Singapore looking to divest 6.6% stake in Timken India for ₹1,775 crore
Promoter Timken Singapore Pte Ltd is looking to sell a 6.6% stake in Timken India Ltd for ₹1,775 crore, as per a term sheet obtained by Mint. The promoters are offering to sell up to 5 million shares, with a total deal...
