Private equity firm GTCR LLC on Thursday agreed to buy a 55% stake in Worldpay, the merchant services business of Fidelity National Information Services, in a deal that values the unit at $18.5 billion. As part of the...
Advent’s NielsenIQ gains conditional EU nod for GfK acquisition
Advent-owned NielsenIQ won EU antitrust approval to acquire German market research firm GfK on the condition GfK sells its consumer panel business to address the regulator’s competition concerns. U.S. consumer...
CCI approves Concentrix Corp’s acquisition of Marnix Lux
The Competition Commission of India (CCI) gave its approval for the acquisition of Marnix Lux SA by Concentrix Corporation, as well as the acquisition of approximately 22% shareholding in the combined company by the...
Vivendi in talks to sell Gala magazine to Groupe Figaro
Vivendi has started talks to sell celebrity magazine Gala to Groupe Figaro, the French media giant said on Tuesday. The deal, being pursued via its subsidiary Prisma Media, would remove a regulatory hurdle to...
Andrew Forrest’s Wyloo looks for more nickel deals as it seals Mincor buy
Wyloo Metals, the privately held battery resources unit of Australia iron ore baron Andrew Forrest, sees room to grow in nickel as it closes out its A$750.3 million ($501.4 million) buyout of miner Mincor Resources, its...
US FTC drops Altria complaint after Marlboro-maker exits stake in Juul Labs
The U.S. Federal Trade Commission said it dismissed a complaint against Marlboro cigarette maker Altria Group and e-cigarette maker Juul Labs that was brought after Altria bought a 35% stake in Juul. The agency also...
Fertiliser maker Coromandel International acquires drone firm Dhaksha
Fertiliser and pesticides maker Coromandel International said that it had increased its stake in drone manufacturer Dhaksha Unmanned Systems to acquire majority control, for Rs 204 crore. Secunderabad-based Coromandel...
Australia’s United Malt agrees $1 billion takeover offer from France’s InVivo
United Malt Group Ltd said it agreed to a A$1.5 billion ($999 million) takeover offer from Malteries Soufflet, a branch of French agribusiness InVivo, in a deal that will likely create the world’s top malt...
Silver Lake secures 63% stake in Software AG after months-long pursuit
U.S. private equity firm Silver Lake said on Thursday it has secured a majority of 63% in Software AG and intends to pursue a delisting of the business software developer. Earlier this month, Bain Capital and Rocket...
Eli Lilly to buy Sigilon Therapeutics to expand diabetes treatments
Eli Lilly and Co said it will acquire all the shares of Sigilon Therapeutics that it did not own to gain access to experimental cell therapies that can provide longer-term solutions for diabetes patients. A major...
Starboard takes stake of about 5% in Algonquin Power – WSJ
Starboard Value has gained a more than 5% stake in Algonquin Power & Utilities, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The activist hedge fund has privately held talks...
Keysight to buy French software firm ESI Group for nearly $1 bln
Electronic equipment maker Keysight Technologies said it would acquire a controlling stake in French software firm ESI Group in a 913 million euros ($995.81 million) deal. California-based Keysight will pay 155 euros...
