Private equity giant Carlyle Group is on the verge of acquiring a substantial stake, exceeding 20%, in the engineering services provider Quest Global Services Pte Ltd, according to two people with knowledge of the deal...
Global Net Lease to buy Necessity Retail in $950 mln all-stock deal
Global Net Lease Inc will acquire Necessity Retail REIT Inc in an all-stock deal that would value the combined entity at about $950 million, the companies said late on Tuesday. The shareholders of Necessity Retail REIT...
Tegna scraps $8.6 bln Standard General deal after regulatory pushback
Television station operator Tegna Inc said it has terminated its merger agreement with hedge fund Standard General after several regulatory hurdles. Tegna last year agreed to be taken private by Standard General in a...
Mediobanca sells bad loan purchase business ahead of new plan
Mediobanca said it has agreed to sell its bad loan acquisition unit for 100 million euros ($110 million), as Italy’s leading investment bank focuses on capital-light businesses ahead of unveiling a new three-year...
Activist investor TCS Capital calls on Yelp to explore sale – WSJ
Activist investor TCS Capital Management has built a stake in Yelp Inc and is urging the service-recommendation site to explore strategic options, including a sale, the Wall Street Journal reported, citing people...
Blackstone acquires International Gemological Institute for $535 million
Global private equity firm Blackstone has acquired 100% stake in International Gemological Institute (IGI) from China-based investment firm Fosun, and Roland Lorie, who belongs to the founding family, the firm said in a...
Law firms Allen & Overy and Shearman & Sterling plan merger
London-based law firm Allen & Overy and New York’s Shearman & Sterling plan to merge, they announced on Sunday, in a deal that would create one of the world’s largest legal practices with combined...
Amgen agrees not to seek quick close to Horizon acquisition
Amgen Inc has agreed not to quickly close on its $27.8 billion acquisition of Horizon Therapeutics after the U.S. Federal Trade Commission (FTC) filed suit to block the deal. A U.S. district court judge issued a...
Silver Lake acquires minority stake in TeamSystem for $660 million
Italian cloud software maker TeamSystem said that private equity firm Silver Lake has agreed to acquire a minority stake in the company from Hellman & Friedman (H&F). The investment is worth 600 million euros...
Timex Group acquires watch retail brand Just Watches for undisclosed amount
US-based watchmaker Timex Group said it has acquired Just Watches, a premium watch retail brand for an undisclosed sum. With this deal, Timex India will be taking over all the physical stores of Mumbai-based Just...
Britain’s Informa to buy B2B events group Winsight for $380 million
British events organiser Informa said it will acquire business-to-business events, data, and media group Winsight for $380 million, in a bid to strengthen its position in the specialist food-service market.
Blackstone set to buy diamond grading company IGI for up to $550 million
Blackstone is set to buy out International Gemological Institute (IGI), the world’s biggest independent diamond-grading firm, from China’s Fosun International, founders Lorie family and other small...
