French shipping giant CMA CGM plans to acquire port terminal operator Santos Brasil in a deal that could reach $2 billion and give it control of South America’s largest container terminal, it said on Monday...
FTC set to greenlight Chevron’s $53 bln buy of oil rival Hess, sources say
The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron’s purchase of Hess as soon as this week, two people familiar with the matter said, leaving Exxon Mobil’s challenge to the...
Commerzbank warns UniCredit merger threat to Germany’s businesses
Commerzbank’s management has warned the German government that a potential multi billion euro merger with Italy’s second-largest bank UniCredit is a threat to businesses that make up the backbone of...
OYO parent Oravel Stays to acquire Motel 6, Studio 6 from Blackstone paying $525 million in an all-cash deal
Oyo’s parent, Oravel Stays, has agreed to acquire American budget hotel chain G6 Hospitality, owner of the “iconic” Motel 6 and Studio 6 brands, from Blackstone Real Estate in a $525 million all-cash deal, PTI...
Australia’s REA sweetens takeover offer for Britain’s Rightmove to $8.1 bln
Australian property listing firm REA Group has made a third pitch to buy British rival Rightmove with a new 6.1 billion pound ($8.12 billion) offer on Monday after its two previous offers were rejected. The latest offer...
Austria’s RBI sells Belarus bank at a loss to UAE investor
Raiffeisen Bank International said on Friday it is selling its Belarus business at a loss to an investor from the United Arab Emirates, as the Austrian lender faces mounting pressure to also pare back its Russian arm...
Viavi considers reviving rival bid for Spirent, say sources
U.S. IT communications specialist Viavi Solutions is considering whether it could make another bid for telecoms testing group Spirent Communications if a takeover by its rival Keysight Technologies fails, sources...
Cellnex explores sale of French data centre unit, sources say
Spain’s Cellnex is exploring a sale of its data centre unit in France, in a deal that could value the business at a few hundred million euros, two people familiar with the matter said on Friday. The largest...
Rogers to buy Bell’s stake in Maple Leaf for $3.46 billion
Rogers Communications said it would buy Bell’s stake in Maple Leaf Sports & Entertainment for C$4.7 billion ($3.46 billion) to become the majority owner of the Canadian sports firm behind the Toronto Raptors...
AlShaya Starbucks franchise stake sale talks on hold, sources say
The sale of a stake in the Middle East, North Africa and central Asia Starbucks franchise operated by Kuwait’s AlShaya Group is on hold, two people with knowledge of the process said. Boycotts and geopolitical...
UK’s Close Bros sells wealth business to Oaktree in $265 mln deal
Close Brothers Group has agreed to sell its wealth management unit, Close Brothers Asset Management (CBAM), to private equity firm Oaktree Capital Management for up to 200 million pounds ($265 million). The lender...
Chesapeake Energy says deal for Southwestern Energy to close early in 4Q
Chesapeake Energy’s $7 billion acquisition of rival natural gas producer Southwestern Energy is expected to close early in the fourth quarter, CEO Nick Dell’Osso said on Wednesday. The deal was delayed...
