British insurer and asset manager M&G has bought a majority stake in European real estate investor BauMont, as it prepares to buy up more commercial property in anticipation of a market recovery. M&G told...
UniCredit says to merge Romanian unit with Alpha Bank Romania in H2 2025
Italian bank UniCredit said it expected to be able to merge the Romanian business of Greece’s Alpha Bank into its own local subsidiary in the second half of next year, after closing the acquisition on Monday...
Canada’s BCE to acquire US internet firm Ziply for $3.6 bln
Canadian telecom firm BCE said on Monday it would buy internet services provider Ziply Fiber for C$5 billion ($3.60 billion) in cash, as it looks to expand its fiber footprint in the United States. BCE’s shares...
Blackstone in advanced talks to acquire shopping center owner Retail Opportunity, sources say
Blackstone is in advanced talks to acquire Retail Opportunity Investments Corp, which owns U.S. shopping centers and has a market value of $3.4 billion including debt, according to people familiar with the matter. If...
Stonepeak nears $3.1 billion deal for aircraft lessor ATSG
Stonepeak is in advanced talks to acquire Air Transport Services Group, a provider of aircraft leasing and cargo transportation services, for about $3.1 billion including debt, people familiar with the matter said on...
TGI Fridays operator files for bankruptcy amid financial woes
TGI Fridays, an American casual dining chain, said on Saturday that it has filed for Chapter 11 bankruptcy protection after grappling with prolonged financial challenges and a collapsed deal with UK-based Hostmore. In a...
Shore Capital, Silver Lake in talks over $8.6 billion pet care deal, Bloomberg News reports
Private equity firm Shore Capital Partners is in talks to partner with Silver Lake Management to combine two veterinary groups through an $8.6 billion deal, Bloomberg News reported on Friday, citing people familiar with...
UK watchdog finds competition concerns in GXO Logistics-Wincanton deal
Britain’s competition watchdog said on Friday the acquisition of Wincanton by U.S.-based warehousing firm GXO Logistics, for 762 million pounds ($983.97 million), could reduce competition and raise prices for...
BlackRock in talks to buy private credit firm HPS, Bloomberg News reports
Asset management giant BlackRock has emerged as the sole bidder in talks to acquire private credit firm HPS Investment Partners, Bloomberg News reported on Tuesday, citing people with knowledge of the discussions. The...
Thyssenkrupp CFO: Spin-off of marine division possible in 2026
Thyssenkrupp is working on a spin-off of its warship division after private equity firm Carlyle dropped out as a bidder last week, the group’s CFO said, flagging 2026 as a realistic time frame for when such a move...
Norway’s sovereign wealth fund buys 98% of US office building for $217 mln
Norway’s sovereign wealth fund said on Tuesday it has bought a 97.7% stake in an office property in Menlo Park in the San Francisco bay area for $217 million, in a joint venture with U.S. real estate investment...
Hargreaves Lansdown expects takeover by CVC-led consortium to complete in Q1 2025
Hargreaves Lansdown, Britain’s largest investment platform, said on Tuesday it expects the completion of its agreed 5.4 billion pound ($7 billion) takeover by an international consortium in the first quarter of...
