JD.com is acquiring Germany’s Ceconomy in a deal that values the electronics retailer at 2.2 billion euros ($2.5 billion), allowing one of China’s largest online retailers to expand outside of its home...
Five Point in talks to sell Northwind Midstream to MPLX for $2.3 billion, Bloomberg News reports
Private equity firm Five Point Infrastructure is in talks to sell Northwind Midstream Partners for about $2.3 billion to U.S. midstream company MPLX, Bloomberg News reported on Wednesday, citing people familiar with the...
Palo Alto Networks in talks to buy CyberArk in deal worth over $20 billion: Report
Palo Alto Networks is in talks to acquire CyberArk Software in a deal that could value the Israeli cybersecurity firm at more than $20 billion, the Wall Street Journal reported on Tuesday, citing people familiar with...
IPO-bound Lenskart buys 80% stake in Spain’s Meller for Rs 407 crore
Eyewear retail chain Lenskart, which has just filed its draft red herring prospectus for a public listing, has acquired an 80% stake in Spanish fashion eyewear brand Meller for Rs 407 crore (approximately €41.5 million)...
Zaggle to acquire digital banking platform Rio Money for Rs 22 crore
Zaggle Prepaid Ocean Services Limited, one of India’s leading spend management companies, is set to acquire a 100% stake in fintech startup Rio Money for Rs 22 crore. With this acquisition, Zaggle plans to foray into...
Union Pacific to acquire Norfolk in $85-billion US railway deal: All about the mega merger
Union Pacific Corp agreed to acquire Norfolk Southern Corp in a cash-and-stock transaction valued at $85 billion. The deal will create a transcontinental rail giant, linking Union Pacific’s extensive western US...
Prosus-owned iFood buys stake in Brazil’s CRMBonus
Brazilian food delivery platform iFood, owned by Dutch investment group Prosus, said in a statement on Tuesday it has taken a 20% stake in technology company CRMBonus. The deal’s price tag and future financial...
Singapore’s Temasek to increase stake in Italy’s Ermenegildo Zegna to 10%
Singapore’s state investment firm Temasek will increase its stake in Ermenegildo Zegna Group to 10%, the companies said on Tuesday, as the Italian luxury fashion house targets a global expansion in the resilient...
Dye & Durham to consider sale, merger in truce with investor Plantro
Dye & Durham will review strategic alternatives to stabilize its finances and may even consider selling itself, it said on Tuesday, reaching a settlement that avoids a proxy fight with its second-largest investor...
Buffett’s Berkshire sells one-third of VeriSign stake for $1.23 billion
Berkshire Hathaway sold about one-third of its stake in VeriSign, an internet infrastructure and domain name registry company that Warren Buffett’s conglomerate has invested in since 2012, VeriSign said on Monday...
Buyout groups explore sale of British wealth manager Evelyn, sources say
Private equity firms Permira and Warburg Pincus are exploring the possible sale of Evelyn Partners, one of the UK’s largest wealth managers, three sources with knowledge of the matter said. The owners are working with...
Nordic Capital, Permira make $3 billion offer for vaccine maker Bavarian Nordic
A consortium led by Nordic Capital and Permira has made an offer of around $3 billion to buy all the shares of Bavarian Nordic, the vaccine maker said on Monday. Innosera, a newly formed company controlled by the...
