Mobile games developer Playtika said on Wednesday it would acquire peer SuperPlay in a deal that could go up to $1.95 billion, which would bring popular games such as Bingo Blitz and Dice Dreams under the same umbrella...
Alaska Airlines completes $1.9 billion acquisition of Hawaiian
Alaska Airlines said on Wednesday it had completed its $1.9 billion acquisition of Hawaiian Airlines after reaching an agreement with the U.S. Department of Transportation. The airlines on Tuesday agreed to maintain key...
Legal & General sells UK housebuilder CALA Group in $1.8 bln deal
Legal & General has sold its UK housebuilder CALA Group in a deal worth 1.35 billion pounds ($1.78 billion) to an acquisition vehicle led by U.S. private assets firm Sixth Street Partners, as the latter steps up its...
WillScott, McGrath terminate $3.8 bln acquisition deal
WillScot Holdings mutually terminated its $3.8 billion acquisition of McGrath RentCorp, the latter said on Wednesday. McGrath said it would receive $180 million in termination fees from WillScot. Based in Phoenix...
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...
Tupperware files bankruptcy after failed turnaround effort
Tupperware Brands Corp filed for bankruptcy following a years-long struggle with sales declines and growing competition. Tupperware Brands Corp filed for bankruptcy following a years-long struggle with sales declines...
Arko mulls sale of convenience store operations in reversal of strategy, sources say
Store operator Arko is planning to divest its convenience store operations in a deal that could be valued at around $2 billion, as it looks to abandon a yearslong expansion strategy after grappling with a slowdown in...
Alaska Airlines, Hawaiian can close merger deal, DOT says
The U.S. Transportation Department said on Tuesday it had agreed to allow Alaska Airlines to close on its $1.9 billion acquisition of Hawaiian Airlines, after the carriers agreed to maintain key Hawaiian routes and...
Philip Morris to sell Vectura for $198 mln after health shift criticism
Philip Morris International’s Vectura Fertin Pharma said on Tuesday it would sell its asthma inhaler maker Vectura Group to Molex Asia Holdings for 150 million pounds ($198 million). Marlboro maker PMI bought...
Britain’s Guardian in talks to sell Observer newspaper to Tortoise Media
Britain’s Guardian Media Group (GMG) is in exclusive talks to sell The Observer, the world’s oldest Sunday newspaper, to startup Tortoise Media, the companies said on Tuesday. Tortoise said negotiations...
Britain’s THG plans tech arm demerger to focus on beauty and nutrition
British e-commerce firm THG is looking to demerge its technology services arm as it seeks to shore up its balance sheet with its cash-generative nutrition and beauty businesses. THG’s shares, which initially rose...
France’s Rexel rebuffs $9.4 billion offer from Brad Jacobs-led QXO
QXO, the company billionaire Brad Jacobs is seeking to launch into building services, recently made an offer of around $9.4 billion to acquire Rexel that the French company on Sunday said it had rebuffed. QXO’s...
