Sky News-owner Comcast is in talks to buy British broadcaster ITV’s media and entertainment unit, Bloomberg News reported on Thursday, citing people with knowledge of the matter. A person familiar with the matter...
Gunvor withdraws bid to buy Russian Lukoil assets after US calls it ‘Kremlin’s puppet’
Swiss commodity trader Gunvor said on Thursday it has withdrawn its proposal to buy foreign assets of Russian energy company Lukoil after the U.S. Treasury called it Russia’s “puppet” and signaled...
Lincoln International completes MarshBerry acquisition to expand insurance and wealth management advisory
Lincoln International, a global investment banking advisory firm specializing in private capital markets, has completed its acquisition of MarshBerry. MarshBerry provides investment banking and consulting services to...
Pfizer, Novo Nordisk escalate bidding war for obesity drug developer Metsera
Pfizer and Novo Nordisk’s fight for obesity drug developer Metsera ratcheted up on Tuesday, as both companies submitted sweetened bids, with Metsera saying Novo’s $10 billion offer is superior. The dramatic...
Financial software provider OneStream explores sale after share price drop, sources say
Financial software maker OneStream is exploring strategic options including a possible sale, less than 18 months after its stock market debut, according to three people familiar with the matter. OneStream has been...
Qatar Airways sells entire Cathay Pacific stake for $897 million
State-owned Qatar Airways has decided to sell its entire stake in Cathay Pacific Airways for about $897 million (HK$6.97 billion), marking its complete exit from Hong Kong’s flagship airline after eight years...
CEVA Logistics wraps up Turkish deal with Borusan for $383 million
France’s CEVA Logistics has completed its acquisition of Turkish logistics provider Borusan Tedarik from Turkish conglomerate Borusan Yatirim for $383 million, the companies said in separate statements on...
Nexi says it no longer has commitment to buy Sabadell unit, but is open to new deal
Italian payments group Nexi no longer has any commitment or obligation to buy Sabadell’s retailers’ payments unit, but is open to discussing a possible future deal on different terms, its CEO said on...
Charles Schwab close to $600 million deal to buy Forge Global, FT reports
Charles Schwab is expected to announce an acquisition deal for private share marketplace Forge Global in an offer valued at as much as $600 million, the Financial Times reported on Wednesday, according to two people...
Starbucks sells 60% stake in China business in $4 billion deal with Boyu
Starbucks said Monday it is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China. Under the agreement, Boyu will acquire a 60% interest in Starbucks’ retail...
Mega merger alert: Kimberley-Clark to acquire Kenvue for over $40 billion as Tylenol — What’s inside the deal?
Consumer goods and personal care giant Kimberley-Clark is buying Tylenol-maker Kenvue in a $40 billion deal involving stock and cash, in what can be called a mammoth merger of two consumer health goods companies. The...
Apollo withdraws $2.1 billion bid to take pizza chain Papa John’s private, sources say
Apollo Global has withdrawn its offer to take pizza chain Papa John’s private at $64 a share, according to two people familiar with the deal, as Wall Street waits to see what is expected to be a tough earnings report on...
