Italy’s cable maker Prysmian plans to buy Spain-based ACSM, a submarine cable installation company, in a 169-million-euros ($198 million) deal, it said on Friday. The world’s largest cable maker said the...
Telenor sells its stake in Thailand’s True Corporation for $3.9 billion
Telenor said on Thursday it would sell its 30.3% stake in Thailand’s True Corporation for 39 billion Norwegian crowns ($3.92 billion), its second divestment from Asia in recent months, lifting the Norwegian...
Shell considers exit from Argentina’s Vaca Muerta shale play, sources say
Oil major Shell is considering a sale of its assets in Argentina’s Vaca Muerta shale play and has approached potential buyers in recent weeks to gauge their interest, three sources familiar with the matter told...
JPMorgan buys UK pensions technology firm WealthOS, memo shows
U.S. banking giant JPMorgan Chase as closed a deal to buy UK-based pensions technology platform WealthOS, according to an internal memo seen by Reuters on Thursday. The acquisition will deepen the bank’s footprint...
General Fusion to go public in US via $1 billion SPAC deal
Nuclear energy startup General Fusion said on Thursday it will go public in the U.S. in a deal of about $1 billion with blank-check company Spring Valley Acquisition Corp. III, as demand grows for cleaner power. The...
Clorox to buy Purell maker GOJO Industries for $2.25 billion
Clorox said on Thursday it would buy privately held skin health and hygiene solutions firm GOJO Industries for $2.25 billion in cash, as the Pine Sol maker looks to expand its position in health and hygiene segments...
Castlelake enters talks to buy bankrupt Spirit as Frontier bid deemed unviable
Spirit Airlines has drawn fresh interest from a potential buyer, with investment firm Castlelake entering talks to acquire the bankrupt carrier, after an offer in November from rival Frontier Group Holdings was deemed...
Energy park developer Hecate to go public in $1.2 billion SPAC deal
Energy infrastructure developer Hecate Energy will go public in the United States in a $1.2 billion deal with blank-check vehicle EGH Acquisition, the companies said on Thursday, as the revival in SPAC transaction...
Prudential to raise stake in Malaysia life insurer holding firm to 70% for $377 million
British insurer Prudential said on Thursday it had agreed to buy an additional 19% stake in Sri Han Suria, the holding company that owns Prudential Assurance Malaysia, for around 1.52 billion ringgit ($376.61 million)...
UK’s Beazley rejects Zurich Insurance’s $10 billion takeover bid
Beazley on Thursday rejected a 7.67-billion-pound ($10.3 billion) takeover offer from Zurich Insurance as materially undervaluing the UK speciality insurer, adding it was lower than another proposal the group turned...
Capital One strikes $5.15 billion Brex deal, quarterly profit rises on interest income boost
Capital One Financial said on Thursday it will acquire fintech firm Brex in a cash and stock deal valued at $5.15 billion and reported a rise in quarterly profit on the back of higher interest income from its credit...
Hot-diggity-dog: Smithfield Foods acquires iconic Nathan’s Famous
U.S. pork processor Smithfield Foods will buy century-old Nathan’s Famous in a $450 million deal that adds the most iconic U.S. hot dog name to its portfolio of brands, the company said Wednesday. Smithfield will...
