Hein Park Capital Management is exploring the sale of its stake in Cirque du Soleil Entertainment Group, the company known for its live shows in Las Vegas and elsewhere, according to people with knowledge of the matter...
GQG Partners sells BBVA stake over Sabadell hostile bid, FT reports
GQG Partners, one of Spanish bank BBVA’s biggest shareholders, has sold its stake over the bank’s decision to pursue a hostile bid for domestic rival Banco Sabadell, the Financial Times reported on Sunday...
Cigna resumes mega merger talks with rival health insurer Humana, Bloomberg News reports
U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter. The...
BP weighing sale of minority stake in offshore wind business: Report
BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to scale back the energy company’s...
Chinese robotaxi firm Pony AI files for US IPO
China-based autonomous driving firm Pony AI, backed by automaker Toyota, filed for an initial public offering in the U.S. on Thursday, in another sign of growing investor interest in new listings and easing regulatory...
Japan’s Japex seeks UK North Sea exit with oilfield stake sale
Japan Petroleum Exploration (Japex) is seeking buyers for its stake in an oilfield in the British North Sea, the latest in a string of exits from the ageing basin as companies face growing uncertainty over government...
Billing software firm Zuora to go private in $1.7 bln deal with Silver Lake, GIC
Billing software firm Zuora said on Thursday it has agreed to be acquired by buyout firm Silver Lake and Singaporean wealth fund GIC in a deal valued at $1.7 billion, sending its shares up nearly 6% in early trading...
Approval of Poste Italiane stake sale document temporarily halted
Poste Italiane said on Thursday the approval of its share offering document by market watchdog Consob had been temporarily suspended, pending decisions regarding the times and the conditions of the sale by the Economy...
Saudi’s Manara in advanced talks to buy stake in First Quantum’s Zambian mines
Saudi Arabia’s Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum Minerals’ Zambian copper and nickel assets, three people familiar with the details told Reuters...
PE firm Advent prepares takeover offer for UK’s Tate & Lyle, FT reports
Private equity firm Advent International is preparing a takeover offer for UK-based food and beverage ingredients maker Tate & Lyle, the Financial Times reported on Wednesday, citing two people familiar with the...
Spanish parking operator Saba to merge with Belgium’s Interparking
Spanish parking operator Saba Infraestructuras will be integrated into Belgium-based Interparking after their main shareholders agreed to a merger, the companies said in a joint statement on Wednesday. The three...
EU approves Eiffage’s acquisition of EQOS with conditions
The European Union approved on Wednesday Eiffage’s acquisition of EQOS after the parties offered to fully divest EQOS Belgium, ensuring it remains an independent competitor to Eiffage in Belgium. The EU had raised...
