Annuities provider American Equity Investment Life Holding said it has received a takeover offer from its biggest shareholder, valuing the long-sought merger candidate at nearly $4.3 billion. The offer from the...
Canada’s Postmedia Network confirms merger talks with Nordstar Capital
Postmedia Network Canada Corp confirmed it was in a non-binding discussion with Nordstar Capital for a potential merger with some operational assets of the Toronto Star and the Metroland newspapers. The merger will help...
PE firm Creador to buy 40% stake in Malaysia’s Pet World International
Private equity firm Creador on Tuesday said it bought a 40% stake in Malaysia’s Pet World International, months after Reuters reported the pet foods manufacturer was planning an initial public offering (IPO) in...
Infra.Market to acquire 92% stake in Strata Geosystems at Rs 910 cr
Manufacturing unicorn Infra.Market will acquire around 92 per cent stake in geosynthetics company Strata Geosystems India from US-based Glen Raven Technical Fabrics LLC at an enterprise value of Rs 910 crore, a senior...
Thomson Reuters to acquire legal tech provider Casetext for $650 mln
Thomson Reuters Corporation (TRI.TO) said it had agreed to acquire Casetext, a California-based company that provides technology solutions for legal professionals, in a $650 million all-cash deal. Thomson Reuters’...
Prologis to buy industrial properties from Blackstone for $3.1 billion
Prologis Inc said it has agreed to buy 14 million square feet of industrial properties from real estate funds affiliated with Blackstone for $3.1 billion in an all-cash deal. The acquisition price represents about...
Blackstone weighing offers for Bellagio casino stake – Bloomberg News
U.S. investment giant Blackstone Inc is fielding offers for half of its interest in the real estate of the Bellagio hotel in Las Vegas, Bloomberg News reported on Monday. The investment firm is considering its options...
Japan fund eyes JSR buyout as Tokyo ramps up chip intervention
Semiconductor materials maker JSR Corp’s board will meet on Monday to discuss a potential multi-billion dollar buyout by a government-backed fund that would mark an acceleration of Japan’s efforts to...
Goldman Sachs likely to take big writedown on GreenSky acquisition: Report
Goldman Sachs is likely to take a large writedown for its $2.2 billion acquisition of fintech lender GreenSky after seeking to divest the business it bought in 2021, CNBC reported on Friday, citing people with knowledge...
IBM nears $5 billion deal for software provider Apptio – WSJ
IBM is nearing a deal to acquire software company Apptio for about $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. A deal between the companies could be completed over the...
Germany’s Covestro rejects takeover proposal from ADNOC
German plastics and chemicals maker Covestro AG has rejected an initial takeover proposal from Abu Dhabi National Oil Co (ADNOC), saying the offer was too low, two sources familiar with the matter said. The stock jumped...
Intel to sell 20% stake in IMS to Bain at $4.3 billion valuation
Intel Corp. said it has agreed to sell roughly 20% of its stake in IMS Nanofabrication to Bain Capital in a deal that valuing the Austria company at about $4.3 billion. Intel’s stake sale of 20% was valued at $860...
