Cybersecurity specialist NCC Group said on Wednesday it has agreed to sell its Escode business to private equity firm TDR Capital for an enterprise value of 275 million pounds($369.35 million), leaving it as a pure-play...
Next buys British footwear brand Russell & Bromley
Fashion retailer Next said on Wednesday it has purchased British footwear brand Russell & Bromley through an insolvency process, paying 2.5 million pounds ($3.4 million). Next said it was also paying 1.3 million...
South Africa’s Nedbank to buy majority stake in Kenya’s NCBA for $856 million
South Africa’s Nedbank Group said on Wednesday it has offered to buy a 66% stake in Kenya’s NCBA Group in a cash-and-stock deal for 13.9 billion rand ($855.5 million) as part of the lender’s ambitions...
GSK to buy RAPT Therapeutics in $2.2 billion deal for promising food allergy therapy
Britain’s GSK will buy RAPT Therapeutics for $2.2 billion, adding global rights to the U.S. firm’s experimental food allergy drug ozureprubart to its respiratory and immunology portfolio, the drugmakers...
Inspira Global to acquire controlling interest in Restaurant Brands Asia
Restaurant Brands Asia (RBA) announced that they have entered into definitive agreements pursuant to which Inspira Global will acquire a controlling interest in RBA, subject to applicable approvals. The proposed...
Blackstone Said to Weigh $5 Billion-Plus Sale of Beacon Offshore
Blackstone Inc. is in the early stages of weighing a sale of Beacon Offshore Energy, a Gulf of Mexico driller it’s owned for about a decade that could fetch more than $5 billion, according to people familiar with the...
US uranium producer Energy Fuels to expand rare earths supply chain with ASM deal
U.S. uranium producer Energy Fuels has agreed to pay a large premium for Australian Strategic Materials (ASM), as the United States bolsters efforts to secure Western supply chains for rare earth elements. Energy Fuels...
Berkshire may shed 27.5% Kraft Heinz stake, filing shows
Berkshire Hathaway may shed its 27.5% stake in Kraft Heinz, according to a regulatory filing, and exit a more than decade-old investment that did not work out for the conglomerate’s Chairman Warren Buffett. Kraft...
Cenovus considers selling some Alberta assets valued around C$3 billion, sources say
Canadian oil producer Cenovus Energy is considering a sale of conventional oil and gas assets in the Deep Basin of Alberta as it looks to cut debt after the recent takeover of oil sands rival MEG Energy, two sources...
Inspira Global to buy controlling stake in Burger King India operator RBA as Everstone exits
Restaurant Brands Asia said on Tuesday Inspira Global will invest up to 34.16 billion rupees ($375.06 million) for a controlling stake in the Burger King India operator, as private equity firm Everstone exits its stake...
Fintech Airwallex buys South Korea’s Paynuri in Asia expansion
Airwallex has acquired South Korea’s Paynuri Co Ltd, securing local payments licences and a foreign-exchange business registration that will allow it to operate directly in the country as the Australia-founded...
Genesis Health approved to sell nursing home in $1 bln bankruptcy deal
Bankrupt Genesis Health received court approval on Tuesday to sell its nursing homes to an outside buyer for $1 billion, just over a month after a U.S. bankruptcy judge rejected a previous offer from company insiders. U...
