Spanish oil company Repsol and private equity-backed NEO Energy have agreed to merge their UK North Sea oil and gas businesses to create a joint venture with output of around 130,000 barrels of oil equivalent per day...
Morgan Stanley draws on Goldman Sachs to explore sale of PNE stake, sources say
Morgan Stanley is working with Goldman Sachs to explore the sale of its majority stake in German renewable project developer PNE, two people familiar with the matter said, a process that could trigger a bid for the 1.09...
IAG will consider selling 20% stake in Air Europa, CEO says
British Airways-owner IAG will consider selling its 20% stake in Air Europa as the Spanish airline’s owner continues talks with Air France-KLM and Lufthansa to sell a stake in the company, IAG’s CEO told...
Spain’s Criteria says no current talks on stake in Naturgy
Spanish holding company Criteria said on Thursday it was not at present in negotiations with any potential investor regarding its stake in the energy utility Naturgy. The statement comes after Bloomberg News reported on...
Australia’s Woodside Energy to sell some Trinidad and Tobago assets for $206 million
Australia’s Woodside Energy said on Friday it would sell some assets in its offshore oil and gas project in Trinidad and Tobago to London-based Perenco for $206 million. The sale includes the Greater Angostura...
Music service Napster acquired by 3D tech company Infinite Reality for $207 million
Napster, which started out as a music sharing service, is set for a revival and revamp after being acquired by 3D technology company Infinite Reality for $207 million on Tuesday. According to a press release from...
Bankrupt 23andMe’s DNA Data Gets Nod for Sale as Concerns Linger
Bankrupt genetic testing firm 23andMe Holding Co. won permission from a judge to try to sell information about customers’ medical and ancestry-related data, a trove that is considered the most valuable asset in the...
BP weighs stake sales in two Gulf of Mexico projects, sources say
BP is weighing the sale of minority stakes in two Gulf of Mexico projects, with each project estimated to be worth billions of dollars to the company, two sources with knowledge of the matter said on Wednesday. BP is in...
UK food group Greencore increases bid for rival Bakkavor, Bloomberg News reports
British convenience food manufacturer Greencore has increased its bid for rival Bakkavor Group, Bloomberg News reported on Tuesday, citing sources. Bakkavor, which operates in Britain, China and the United States, has...
US real estate firm CoStar sweetens bid for Australia’s Domain to $1.8 billion
U.S. property data group CoStar raised its acquisition bid on Thursday for Domain Holdings, Australia’s second-largest real estate classifieds company, with the revised deal now valued at A$2.80 billion ($1.76...
KKR nears deal to buy Japanese medical gear maker Topcon, sources say
Private equity firm KKR is nearing a deal to acquire Japanese medical gear maker Topcon, according to people familiar with the matter, marking the latest sign of increased leveraged buyout activity in Japan. If the...
Vertical Farmer Plenty, Backed by Bezos, Softbank, Files Bankruptcy
Plenty Unlimited Inc., a vertical farming business that’s drawn backing from Jeff Bezos, SoftBank Group Corp. and Walmart, has filed for bankruptcy with a lender-backed plan to either raise capital or sell the business...
