German postal services group DHL said on Wednesday it would buy a “significant” minority stake in private equity firm Apollo’s British parcel delivery business Evri, under a deal to merge it with its...
Carlyle nears deal to sell Italian premium brand Twinset, sources say
U.S. private equity group Carlyle Group is expected to clinch in the coming days an accord to sell Italian fashion brand Twinset to local investment firms Borletti Group and Quadrivio, two sources close to the matter...
UK to allow foreign states to own a 15% stake in newspapers
Britain plans to allow state-owned investors to own up to 15% of British newspaper publishers, the government said on Thursday, as part of media reforms that could end long-running uncertainty over ownership of the...
Starbucks said to start stake sale for China business, Bloomberg News reports
Starbucks has reached out to private equity firms, technology companies and others as it mulls options for its China business, including a possible stake sale, Bloomberg News reported on Wednesday.
Thai billionaire’s Frasers offers $1.1 billion deal in second attempt to take REIT private
Thai business magnate Charoen Sirivadhanabhakdi’s Frasers Property has made a second attempt to take over its hospitality real estate investment trust (REIT) at a valuation of S$1.37 billion ($1.1 billion). The...
Samsung to buy German cooling system maker FlaktGroup for $1.7 billion
Samsung Electronics said on Wednesday it had agreed to buy Germany’s FlaktGroup for 1.5 billion euros ($1.68 billion) as it looks to meet growing demand for cooling of data centres used for artificial intelligence...
Nutresa sells Colombian Starbucks franchise stake to Mexico’s Alsea
Colombian processed food company Nutresa said it sold its 30% stake in the country’s Starbucks franchise operator to a unit of Mexican restaurant chain Alsea. In a statement on Monday night, Nutresa said it had...
Australia’s Woodside says Saudi Aramco might buy into its Louisiana LNG project
Australia’s Woodside Energy said on Wednesday it has agreed to explore opportunities to collaborate with Saudi Aramco, which might take a stake in its $17.5 billion Louisiana liquefied natural gas project. Shares...
Global Eggs completes acquisition in US, closes new deal in Europe
Global Eggs, a group controlled by Brazilian entrepreneur Ricardo Faria, has completed its $1.1 billion acquisition of U.S. egg producer Hillandale Farms, just weeks after closing a new deal in Europe, Faria told...
Tullow Oil divests Gabon operations in $300 million deal
Tullow Oil Plc said on Tuesday its unit, Tullow Gabon Limited, has agreed to sell its entire stake in Tullow Oil Gabon S.A. to Gabon Oil Company for $300 million in cash.
Eric Trump-backed American Bitcoin to go public through all-stock merger
American Bitcoin, a new bitcoin miner backed by US President Donald Trump’s two eldest sons, said on Monday it will list on the Nasdaq via an all-stock merger with Gryphon Digital Mining. Existing shareholders of...
Spanish lender Unicaja denies report it has held merger talks with Sabadell
Spanish lender Unicaja denied on Monday that it held talks about a merger with Banco Sabadell after Bloomberg News reported the lenders held informal discussions for it. The report also said Sabadell’s executives...
