Private equity firm Bain Capital will acquire Vitabiotics, UK’s leading nutraceutical company, bolstering its presence in the expanding global market for nutrition, vitamins, minerals, and wellness supplements...
International News
Dutch engineering firm Arcadis confirms $5 billion bid from WSP
Dutch engineering consultancy group Arcadis said on Friday it had received a second unsolicited takeover bid from Canadian peer WSP Global, confirming a Reuters report from Thursday. Amsterdam-listed shares of...
Ridgeview offers to buy UK’s Pinewood Technologies at £545 million valuation
U.S. tech private equity firm Ridgeview offered to buy Britain’s Pinewood Technologies for 448 pence per share, the companies said on Friday, valuing the automotive service provider at £545 million ($726.10...
Devon Energy mulls $4 billion sale of Eagle Ford, Powder River assets, Bloomberg News reports
U.S. oil and gas producer Devon Energy is weighing a potential sale of its Eagle Ford and Powder River shale assets that could fetch more than $4 billion, Bloomberg News reported on Friday, citing people familiar...
UK’s Reckitt to sell Russia hygiene business, expects $233 million hit
Reckitt Benckiser on Friday agreed to sell its Russian hygiene business to local consumer goods manufacturer Arnest Management, as the British company continues to reduce its presence in Russia. The sale is another...
HSBC sells Singapore insurance unit to Allianz in $2.1 billion deal
HSBC has agreed to sell its life and health insurance business in Singapore to Allianz for S$2.7 billion ($2.1 billion), as it trims non-core operations and focuses on its Asian wealth and wholesale banking operations...
Dutch engineering group Arcadis attracts takeover interest, including from WSP, sources say
Dutch engineering consultancy group Arcadis has attracted takeover interest from bidders including Canadian peer WSP Global that view the company as undervalued, according to two people familiar with the matter...
Spain’s Cellnex explores strategic options, Bloomberg News reports
Mobile phone tower group Cellnex is studying strategic options, including taking the company private or a merger with a competitor, Bloomberg News reported on Thursday. Spain-based Cellnex’s market...
Matador to buy Paloma Permian for $1.28 billion, bolsters Delaware Basin presence
Matador Resources said on Thursday it would buy privately held Paloma Permian from EnCap Investments for about $1.28 billion, adding high-quality drilling assets in the oil-rich Delaware Basin. U.S. shale producers...
Saudi PIF’s $55 billion EA deal approved under EU merger rules
A group of investors, including Saudi Arabia’s Public Investment Fund, has secured EU antitrust approval for its $55 billion acquisition of video game developer Electronic Arts, the European Commission said on...
Japan’s Iyogin, Ehime Bank in final stages of merger talks, Nikkei reports
Japanese lenders Iyogin Holdings, the parent company of Iyo Bank, and Ehime Bank are in the final stages of discussing a merger, the Nikkei newspaper reported on Friday. The two firms are expected to announce a...
Property companies Argan and WDP plan merger to create new €13 billion company
Property companies Argan and Belgium’s WDP announced on Thursday plans to merge and create a new company, which they said would be worth €13 billion ($14.8 billion). The deal would see three newly issued...
