German media group Bertelsmann’s BMG Rights Management is considering a cash-and-stock offer for music company Concord in a deal that could be valued as high as $7 billion, Bloomberg News reported on Thursday...
Chinalco, Rio Tinto buy control of Brazilian aluminium firm CBA for $904 million
Aluminium Corporation of China (Chinalco) and Rio Tinto agreed to acquire a controlling stake in Companhia Brasileira de Aluminio for 4.69 billion reais ($903.61 million), the firms said on Thursday. Together, the...
Russia sells Moscow’s nationalised Domodedovo airport to Sheremetyevo subsidiary
Russia has sold one of the country’s largest and most modern airports, Moscow’s Domodedovo, to a subsidiary of another Moscow airport, Sheremetyevo, for 66 billion roubles ($869 million), a Russian state...
US shale producers Coterra, Devon in advanced talks to merge, source says
U.S. shale producers Coterra Energy and Devon Energy could announce an agreement to merge as soon as next week, a source familiar with the matter said on Thursday. A possible combination would rank among the largest...
Prosperity Bancshares bolsters Texas presence with $2 billion Stellar Bancorp buy
Prosperity Bancshares will buy rival Stellar Bancorp in a $2 billion cash-and-stock deal, the banks said on Wednesday, creating a mega Texas-focused lender and highlighting rapid consolidation among U.S. regional...
Deutsche Bank, DWS eye stake in Fosun-controlled firm, Bloomberg News reports
Deutsche Bank AG and its asset management arm DWS Group are weighing a move to inject fresh capital in exchange for a significant minority stake in Fosun International-controlled life insurance consolidator Frankfurter...
Shipping group CMA CGM to form port joint venture with Stonepeak
French shipping group CMA CGM and U.S. investment firm Stonepeak have agreed to create a joint venture valued at nearly $10 billion to operate and invest in port terminals, including in the United States, the...
C3.AI in talks to merge with software company Automation Anywhere, The Information reports
Enterprise artificial intelligence software provider C3.AI is in talks to merge with software company Automation Anywhere, The Information reported on Tuesday, citing people familiar with the discussions. If the deal...
Activist investor Fivespan takes 6.2% stake in cloud computing firm Appian
Activist investor Fivespan Partners said on Tuesday that it owns 6.2% of Appian, a cloud computing and enterprise software company, and plans to discuss business strategy with its management and board as its stock...
China’s Anta buys $1.8 billion Puma stake from Pinault family, rules out takeover
China’s biggest sportswear brand Anta Sports Products has struck a deal to buy a 29.06% stake in Puma from the Pinault family for 1.5 billion euros ($1.8 billion), making it the biggest shareholder in the German...
IonQ to buy SkyWater for $1.8 billion to expand hardware capabilities
Quantum computing firm IonQ said on Monday it would buy chipmaker SkyWater Technology for about $1.8 billion, in a deal that would bring semiconductor manufacturing in-house and boost the development of its next...
China’s Anta Sports muscles in with $1.8 billion move for 29.1% Puma stake
China’s Anta Sports Products said on Tuesday it had agreed to buy a 29.06% stake in German sportswear maker Puma from the Pinault family’s Artemis holding company for 1.51 billion euros ($1.79 billion). The...
