Qatari-backed investment fund Irth Capital this month offered to pay $47 a share to buy Papa John’s International, in a second attempt after it tried to buy the pizza chain alongside Apollo Global Management...
Italy’s MPS, Mediobanca approve merger plans after boardroom crisis
Italian banks Monte dei Paschi di Siena (MPS) and Mediobanca have approved steps toward a full merger, after tensions among shareholders and directors over the plan led the MPS board to vote against retaining its CEO...
Allianz, Sun Life weigh bids for HSBC Singapore insurance business, Bloomberg News reports
Allianz SE and Sun Life Financial are considering bids for HSBC’s Singapore insurance unit after the bank launched a strategic review of the business, Bloomberg News reported on Thursday, citing people...
Tilman Fertitta in talks to buy Caesars for $7 billion, WSJ reports
Billionaire Tilman Fertitta has been in exclusive talks to buy Caesars Entertainment for roughly $7 billion after he topped a competing offer from Carl Icahn’s firm, the Wall Street Journal reported on...
London-listed Capricorn Energy gets takeover proposals from unit of Saudi’s Cafani Group
Oil producer Capricorn Energy said on Wednesday it has received multiple non-binding takeover proposals from Alamadiyaf al-Masiyyah, a Cafani Group-affiliated investment vehicle, for a possible all-cash deal...
Meta acquires AI agent network Moltbook: Report
Meta has acquired Moltbook, a recently viral social network where artificial intelligence agents interact with one another and discuss topics such as coding, according to a report by US publication Axios. As part of the...
Anduril to acquire space surveillance firm ExoAnalytic eyeing more Golden Dome capabilities
Anduril Industries on Wednesday said it has signed a definitive agreement to acquire ExoAnalytic Solutions, a national security company specializing in space sensing and awareness and missile defense. The purchase...
Canal+ buys majority stake in Italian film producer Lucky Red
French global media group Canal+ said on Tuesday it had acquired a majority stake in Lucky Red, one of Italy’s leading independent film distribution and production company, giving the group its first...
ProSieben keeps ParshipMeet, Flaconi as it explores sale of other digital units, sources say
ProSiebenSat.1, the German broadcaster controlled by Italy’s Berlusconi family, will keep online units ParshipMeet and Flaconi for now, while looking to sell the rest of its digital portfolio, three sources with...
Canada’s Fairfax sells $1.9 billion stake in maritime business operator Poseidon
Canadian investment firm Fairfax Financial said on Tuesday it had agreed to a $1.91 billion sale of part of its stake in Poseidon Corp, the parent company of marine and energy asset owner Atlas Corp and shipping...
Italy’s MPS, Mediobanca to approve financial terms of full merger
The boards of Italy’s Banca Monte dei Paschi di Siena (MPS) and Mediobanca are due to approve on Tuesday the terms on which MPS will buy the 14% of the partner it doesn’t already own and merge with it...
California’s Controlled Thermal Resources to go public in $4.7 billion SPAC deal
California lithium and power developer Controlled Thermal Resources will go public on the Nasdaq through a $4.7 billion merger with blank-check firm Plum Acquisition Corp IV, the companies said on Monday. The listing...
