U.S. oil and gas producer APA Corp said on Tuesday it would sell non-core Permian-based drilling properties to an undisclosed buyer for about $950 million as it looks to cut down its debt pile. Consolidation in the...
ADNOC to acquire Covestro for about $15.9 bln, FT reports
Abu Dhabi National Oil Company (ADNOC) is expected to make a formal offer to acquire Covestro for about 14.4 billion euros ($15.90 billion) including debt, the Financial Times reported on Wednesday. Having circled the...
UPS to buy Germany-based healthcare logistics firm Frigo-Trans
UPS said on Tuesday it would acquire Germany-based healthcare logistics firm Frigo-Trans for an undisclosed amount to boost its healthcare cold-chain facilities in Europe. Frigo-Trans network includes temperature...
Global deals worth more than ₹2,000 crore under CCI lens from Tuesday
The Competition Commission of India (CCI) notified on Monday that global mergers and acquisitions (M&As) involving digital entities where the deal value is more than ₹2,000 crore and including companies with...
Competitive dynamics in focus as US tries to stop Tapestry-Capri merger
The U.S. Federal Trade Commission urged a federal judge in New York to block Tapestry’s $8.5 billion merger with rival handbag maker Capri Holdings at a trial on Monday, arguing it will eliminate fierce head-to...
Progress to buy Cloud Software unit ShareFile for $875 million
Progress Software said on Monday it would buy Cloud Software Group’s unit ShareFile for about $875 million, as the AI-powered software firm looks to boost its enterprise product portfolio. The transaction is...
Permira raises takeover offer for Squarespace to $7.2 bln
Permira has agreed to increase its offer price to take website-design software company Squarespace private, now valuing the deal at $7.2 billion, the companies said on Monday. The private equity firm will offer $46.50...
Liberty Global to complete Sunrise spin-off in Q4
Liberty Global will spin off its Swiss telecoms operator Sunrise to shareholders in the fourth quarter of 2024, it said on Monday. Liberty Global, set up by U.S. cable pioneer John Malone, had previously said it would...
US lender NBT Bancorp to buy Evans Bancorp in $236 mln deal
U.S. lender NBT Bancorp has agreed to buy Evans Bancorp in a deal that values it at nearly $236 million, as it looks to expand its footprint in western New York. Small and mid-size banks have been ramping up dealmaking...
UK payments firm Pockit in talks to buy Monese consumer arm, sources say
British payments technology company Pockit is in talks to take control of UK challenger bank Monese’s consumer arm, two people familiar with the matter told Reuters. Under the proposed deal Pockit will buy Monese for a...
MNC Capital offers to acquire Vista for $2.5 billion in latest bid
Investment firm MNC Capital said on Saturday it has increased its all cash buyout offer for Vista Outdoor to $43 per share from $42 per share. The offer values Vista at $2.51 billion, a 12.30% premium over Vista’s...
Methanex to acquire OCI’s methanol business in $2.05 bln deal
Canadian methanol producer Methanex said on Sunday it will acquire Dutch green fuel-maker OCI Global’s methanol business in a $2.05 billion deal. The deal includes $1.15 billion in cash, the issuance of 9.9...
