Biotechnology company Abivax on Thursday dismissed a report by French media publication La Lettre saying it had granted AstraZeneca exclusive access to confidential information until March 23 to allow the British...
International News
VW’s Everllence sale is contingent on Porsche SE becoming co-investor, sources say
Volkswagen will make the sale of a majority stake in its Everllence subsidiary contingent on holding company Porsche SE becoming a co-investor of about 10% in the maker of large marine engines, two sources familiar...
UK’s Savills buys Eastdil Secured for $1.1 billion to expand US presence but Middle East tensions hit shares
UK’s Savills said on Thursday it would buy real estate investment bank Eastdil Secured in a $1.1 billion deal, including debt, as it looks to expand in North America and deepen its capital-markets presence...
EIG’s MidOcean Energy buys additional Australian LNG stakes from JERA
MidOcean Energy, an LNG company backed by U.S. energy-focused private equity firm EIG, has agreed to acquire additional Australian liquefied natural gas project stakes from Japan’s JERA, the companies said on Thursday...
Google completes $32-billion acquisition of cloud security startup Wiz
Google has completed its $32-billion acquisition of cloud security unicorn Wiz, formally bringing one of the biggest cybersecurity startups into Google Cloud, the companies announced in separate blog posts. Google...
French bank Credit Agricole agrees to buy Ukraine’s Bank Lviv
French bank Credit Agricole has agreed to buy Ukraine’s Bank Lviv, it said on Wednesday, adding that the deal formed part of its strategy of supporting the reconstruction of Ukraine’s economy, which has...
Qatari-backed Irth Capital offers $47 a share to buy Papa John’s, sources say
Qatari-backed investment fund Irth Capital this month offered to pay $47 a share to buy Papa John’s International, in a second attempt after it tried to buy the pizza chain alongside Apollo Global Management...
Italy’s MPS, Mediobanca approve merger plans after boardroom crisis
Italian banks Monte dei Paschi di Siena (MPS) and Mediobanca have approved steps toward a full merger, after tensions among shareholders and directors over the plan led the MPS board to vote against retaining its CEO...
Allianz, Sun Life weigh bids for HSBC Singapore insurance business, Bloomberg News reports
Allianz SE and Sun Life Financial are considering bids for HSBC’s Singapore insurance unit after the bank launched a strategic review of the business, Bloomberg News reported on Thursday, citing people...
Tilman Fertitta in talks to buy Caesars for $7 billion, WSJ reports
Billionaire Tilman Fertitta has been in exclusive talks to buy Caesars Entertainment for roughly $7 billion after he topped a competing offer from Carl Icahn’s firm, the Wall Street Journal reported on...
London-listed Capricorn Energy gets takeover proposals from unit of Saudi’s Cafani Group
Oil producer Capricorn Energy said on Wednesday it has received multiple non-binding takeover proposals from Alamadiyaf al-Masiyyah, a Cafani Group-affiliated investment vehicle, for a possible all-cash deal...
Meta acquires AI agent network Moltbook: Report
Meta has acquired Moltbook, a recently viral social network where artificial intelligence agents interact with one another and discuss topics such as coding, according to a report by US publication Axios. As part of the...
