Glosslab LLC, a New York City-based nail salon chain that experimented with a membership-based business model and attracted celebrity investors, has filed for bankruptcy. The company and its corporate affiliates sought...
Honda, Nissan aim to merge by 2026 in historic pivot
Honda and Nissan are in talks to merge by 2026, they said on Monday, a historic pivot for Japan’s auto industry that underlines the threat Chinese EV makers now pose to the world’s long-dominant legacy car...
TPG in talks to acquire solar firm Altus Power, sources say
Buyout firm TPG’s climate investment arm is in talks to acquire Altus Power, a provider of solar power to commercial property owners and residential homes, people familiar with the matter told Reuters on Monday...
Nordstrom family will take retailer private in $4 bln deal
The Nordstrom family teamed up with Mexican retailer Liverpool to clinch a $4 billion deal to take iconic department store chain Nordstrom private, six years after a similar attempt fell short. Nordstrom and rivals such...
Xerox to buy printer maker Lexmark from Chinese owners in $1.5 bln deal
Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to expand its presence in Asian markets and better compete in an...
Arcadium Lithium shareholders approve $6.7 bln Rio Tinto deal
Arcadium Lithium said on Monday its shareholders have voted in favor of a $6.7 billion sale to Australian mining giant Rio Tinto. Shares of Arcadium Lithium rose about 7% in extended trading after the company said that...
Synopsys’ $35 bln Ansys acquisition to be approved in EU, sources say
U.S. chip design software company Synopsys is set to win conditional EU antitrust approval for its $35 billion buy of Ansys, people with direct knowledge of the matter said on Monday. The biggest technology sector deal...
Singapore’s TalkMed Group gets privatisation offer for $447 mln valuation
Singapore’s TalkMed Group has received a privatisation offer from TW Troy valuing it at S$606.1 million ($447.24 million), the oncology service provider said on Monday. The offer comes as Southeast Asian...
BBVA gets approval to take over Sabadell’s Mexican businesses
BBVA said on Monday that Mexico’s competition authority had given its approval for the Spanish bank to take indirect control of Sabadell’s Mexican businesses. BBVA had already secured clearance from the...
GMM Pfaudler to acquire 51% stake in a LLC in Poland
With the aim of establishing a manufacturing and engineering facility in Poland. GMM Pfaudler through its subsidiary Pfaudler GmbH, Germany, has entered into an Investment and Shareholders’ Agreement on 20...
Northern Oil and Gas in bid to acquire smaller rival Granite Ridge, sources say
Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, a smaller U.S. producer with operations in basins including the Permian and Eagle Ford, according to people familiar with the matter...
Murdoch’s News Corp to sell Foxtel to DAZN for $2.1 billion
News Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion ($2 billion) including debt, cutting the Murdoch-controlled media empire’s exposure to a...
