Gruppo San Donato has agreed to buy a majority stake in Polish cardiovascular care company American Heart of Poland as part of the Italian group’s drive to boost revenue by consolidating Europe’s healthcare...
Private equity firm Veritas makes takeover offer for BlackBerry, source says
Private equity firm Veritas Capital has made an offer to buy BlackBerry Ltd, according to a person familiar with the matter, months after the Canadian technology company began a strategic review. U.S-listed shares of...
Spain’s Asterion buys German utility Steag for $2.8 billion
Spanish infrastructure investor Asterion said it has agreed to acquire German utility Steag in a deal valuing the business at around 2.6 billion euros ($2.81 billion), committing to power company’s transition into...
Crescent Energy to sell North Dakota assets to Kraken Resources
Crescent Point Energy would sell its North Dakota assets to Kraken Resources for $500 million in cash, according to sources familiar with the matter, as the Canadian oil and gas producer looks to repay its debt. Neither...
Roark Capital to buy sandwich chain Subway for up to $9.55 bln -sources
Private equity firm Roark Capital agreed to buy Subway, in a deal that people familiar with the matter said values the U.S. sandwich chain at up to $9.55 billion, including debt, subject to targets in its financial...
Private equity firm PAI Partners to buy pet food maker Alphia
Private equity firm PAI Partners said it agreed to buy Alphia Inc from its owner J.H. Whitney Capital Partners, in a deal that people familiar with the matter said values the pet food manufacturer at about $1 billion...
How Microsoft revived its deal to buy Activision
If Microsoft Corp completes its acquisition of Activision Blizzard in the coming months, the $69 billion deal will go down as one of the biggest comeback stories in the history of mergers. By this past April, the gaming...
Malaysia’s Permodalan Nasional weighs $2.15 bln automakers merger in EV push – sources
Malaysia’s largest asset manager, Permodalan Nasional Bhd (PNB), is considering merging Sime Darby Motors and Perusahaan Otomobil Kedua (Perodua) to create a local automotive giant worth over 10 billion ringgit...
US FTC to probe Qualcomm’s purchase of Israel’s Autotalks – Politico
The U.S. Federal Trade Commission (FTC) is expected to open an in-depth probe on Wednesday of Qualcomm’s purchase of Israeli auto-chip maker Autotalks, Politico reported on Tuesday, citing people familiar with the...
Buyout firm Roark sets conditions to clinch $9 bln-plus Subway deal-sources
Private equity firm Roark Capital is in the lead to acquire sandwich chain Subway for well over $9 billion after attaching conditions to some of the windfalls the two families that own it will get, people familiar with...
IBM sells weather business to private equity firm Francisco Partners
International Business Machines has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said. The sale includes The Weather Company’s...
Subway nears $9.6 billion sale to Arby’s owner Roark Capital: Report
Roark Capital, which owns restaurants Arby’s and Buffalo Wild Wings, is nearing a deal to buy sandwich chain Subway for about $9.6 billion, the Wall Street Journal reported. A deal could be finalized this week...
