The Italian banking foundation Cariverona will consider buying Poste Italiane shares in the planned sale of a stake by the Italian Treasury, its chairman said on Monday. The Italian Treasury plans to sell a stake of...
New York probing legality of Capital One-Discover merger
New York Attorney General Letitia James is investigating whether Capital One’s proposed $35.3 billion takeover of Discover Financial Services violates the state’s antitrust law. James asked a state judge in...
Strides Pharma Global, Singapore to acquire balance 30% stake in Strides Switzerland
Strides Pharma Global, Singapore (SPG), a wholly owned step-down subsidiary of Strides Pharma Science, is acquiring a balance stake in Strides Pharma International AG (formerly Fairmed Healthcare AG) (Strides...
Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say
Private equity firm Blackstone is in advanced talks to acquire minority stakes in the interstate natural gas pipelines owned by EQT Corp for about $3.5 billion, people familiar with the matter said on Friday. If the...
South African fashion retailer TFG buys UK’s White Stuff
South African fashion and homewares retailer TFG has bought UK-based fashion and lifestyle retailer White Stuff, it said on Friday, adding the deal will help it reach “critical mass”. The acquisition was...
New York probing legality of Capital One-Discover merger
New York Attorney General Letitia James is investigating whether Capital One’s proposed $35.3 billion takeover of Discover Financial Services violates the state’s antitrust law. James asked a state judge in...
France’s Fnac to reach 71.5% stake in Unieuro
Fnac Darty on Friday presented the preliminary results of its tender offer for Italian consumer electronics distributor Unieuro, saying it would aim to acquire an additional 67.1% stake in the company, building on the 4...
Russia’s Putin authorises sale of Fraport’s 25% stake in St Petersburg airport
Russian President Vladimir Putin has authorised the transfer of German airport operator Fraport’s 25% stake in St Petersburg’s Pulkovo Airport to an unidentified party, a decree published on Friday showed. A...
US court blocks Tapestry’s $8.5 bn acquisition of rival Capri; win for FTC
A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a victory for the Federal Trade Commission that is a likely death blow for the deal. The decision...
TKO Group to acquire some Endeavor sports assets for $3.25 bln
TKO Group Holdings said on Thursday it would acquire some of Endeavor Group Holdings’ sports assets in a deal valued at $3.25 billion, bolstering its core Ultimate Fighting Championship and World Wrestling...
Quikrete is in talks to acquire Summit Materials, sources say
Building materials provider Quikrete has approached rival Summit Materials, which has a market value of more than $7 billion, with an acquisition offer, people familiar with the matter said on Thursday. Quikrete, which...
Allianz weighs options for AllianzGI unit, sources say
Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division, four people with knowledge of the matter told Reuters, in a move that would give the...
