French plant-based ingredient producer Roquette Frres has sought fair trade regulator CCI’s approval for the proposed acquisition of the pharma solutions business and certain product lines of International Flavors...
Kretinsky’s EPH among those approached to buy Germany’s Uniper, sources say
Czech billionaire Daniel Kretinsky is among potential suitors approached by Berlin about buying German state-owned utility Uniper, three people familiar with the matter said. Sources have said previously that others...
German cartel office approves Rheinmetall, Leonardo joint venture
Germany’s cartel office approved the establishment of a joint venture between the Duesseldorf-based Rheinmetall and Italy’s Leonardo, the regulator said in a statement on Monday. “Rheinmetall and...
Space infrastructure company Redwire to buy Edge Autonomy for $925 million
Space infrastructure firm Redwire Corp on Monday said it has agreed to acquire Edge Autonomy for $925 million in a cash-and-stock deal. The transaction would help create a defense tech company with a broader portfolio...
Perplexity AI bids to merge with TikTok US: Report
Perplexity AI asked TikTok’s Chinese parent company, ByteDance, on Saturday to allow the US search engine startup to merge with TikTok US and create a new entity combining them and New Capital Partners, CNBC...
Malaysia Airports buyout offer extended to Feb. 4
A takeover offer for Malaysia Airports Holdings by a consortium comprising the country’s sovereign wealth fund and BlackRock has been extended for a third time this month to Feb. 4, a stock exchange filing on...
US FTC finalizes consent order for $53 bln Chevron-Hess merger
The U.S. Federal Trade Commission (FTC) said on Friday it had approved a consent order to resolve antitrust issues concerning Chevron’s $53 billion takeover of Hess. According to the order, John Hess, CEO of the...
Brazil’s Ethanol King Sells $1.5 Billion Vale Stake to Cut Debt
Billionaire Rubens Ometto’s conglomerate Cosan SA is giving up its stake in mining giant Vale SA, ending its bet on a mining investment in order to pay down debt. Cosan sold 173 million shares in a deal worth nearly 9...
Rio Tinto and Glencore discussed merger but talks no longer active, source says
Glencore approached Rio Tinto, late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said. The talks between Rio, the world’s No. 2...
TransUnion buys out banks in Mexican credit bureau arm in $560 million deal
U.S. credit reporting agency TransUnion is buying a majority stake in its Mexican arm, it said on Thursday, buying out several major banks in a deal worth around $560 million. TransUnion’s stake in Trans Union de...
Automation firm Symbotic soars on $200 mln deal to buy Walmart’s robotics unit
Symbotic’s shares jumped about 14% on Thursday after the automation firm said it would buy Walmart’s robotics business for $200 million as part of an agreement to expand the retailer’s automated supply...
Universal Plans US Share Sale for Pershing Square Stake
Universal Music Group NV has agreed to plan a US share sale by Sept. 15, in order to fulfill an agreement with billionaire Bill Ackman’s hedge fund Pershing Square. The Amsterdam-listed entertainment company will use...
