Singapore-based Olam Group on Monday said it will sell a 44.58% stake in its agricultural products business Olam Agri for $1.78 billion to state-owned Saudi Agricultural and Livestock Investment Company (SALIC). Shares...
Senores Pharma gains after arm inks pact to acquire Roflumilast tablets
Senores Pharmaceutical added 2.18% to Rs 546.15 after the company’s wholly owned subsidiary, Senores Pharmaceuticals, Inc., USA has signed an agreement to acquire Roflumilast 250 mcg and 500 mcg tablets from...
Trump says he is considering merging US Postal Service with Commerce Department
President Donald Trump said on Friday he was considering merging the U.S. Postal Service with the U.S. Commerce Department, a move Democrats said would violate federal law. “We’re thinking about doing that...
Expand Energy explores sale of most of iconic Oklahoma campus, say broker, documents
Expand Energy, the largest U.S. natural gas producer formerly known as Chesapeake, is looking to sell the bulk of its storied Oklahoma City, Oklahoma, campus, according to a document reviewed by Reuters and the brokers...
Tokyo Gas to sell US shale gas stake to Shizuoka Gas for $130 million
Tokyo Gas, Japan’s biggest city gas supplier, will sell its 25% stake in an Eagle Ford shale gas project in south Texas to Shizuoka Gas for $130 million under an asset portfolio review to improve efficiency, it...
Thames Water gets $9 billion bid from CK Infrastructure, FT reports
Thames Water has received a preliminary 7 billion pound ($8.86 billion) bid from Hong Kong’s CK Infrastructure for a majority stake, the Financial Times reported on Friday, citing people familiar with the matter...
Celsius to buy energy drink brand Alani Nutrition in $1.8 billion deal
Celsius Holdings said on Thursday it would buy health and wellness drinks brand Alani Nutrition in a $1.8 billion deal through a combination of cash and stock, boosting its portfolio to build on the growing demand for...
Ping An to sell 42% stake in Autohome to Haier Group for $1.8 billion
Hong Kong-listed Autohome said on Thursday the financial conglomerate Ping An Insurance will cease to be its controlling shareholder after agreeing to sell a 41.91% stake in the company for $1.8 billion. Yun Chen...
Spirit Airlines gets court approval for $795 million debt deal
A U.S. bankruptcy judge on Thursday approved Spirit Airlines’ debt restructuring, clearing the budget airline to convert $795 million in debt to equity and emerge from bankruptcy as a private company. U.S...
Britain’s Frasers drops bid for Norway’s XXL
British sportswear and fashion group Frasers said on Thursday it would not proceed with its bid for Norwegian sporting goods retailer XXL ASA, saying several of XXL’s other large shareholders would not accept the...
Boards of Nissan and Honda vote to officially end merger discussions
The boards of Nissan and Honda voted on Thursday to officially end talks to merge the Japanese automakers, two people familiar with the matter said. A tie-up would have created the world’s fourth-biggest auto...
San Francisco 49ers Weigh Stake Sale at $9 Billion Valuation
The San Francisco 49ers are exploring selling a 10% stake at a valuation of more than $9 billion, according to people familiar with the matter, potentially making it one of the world’s most expensive sports teams. It’s...
