Australia’s Orora Ltd shares spiked more than 15% after it said on Tuesday it had rejected a A$3.42 billion ($2.25 billion) takeover offer from U.S. private equity firm Lone Star Fund, claiming the offer...
Gold Fields to buy Canadian miner Osisko in $1.57 billion cash deal
Gold Fields Ltd has agreed to acquire Osisko Mining for C$2.16 billion ($1.57 billion), it said on Monday, barely two years after an attempt to buy another Canadian miner was scuppered by a rival offer. The Johannesburg...
Botox rival Revance to go private in $924 million deal
Anti-wrinkle injection maker Revance Therapeutics has agreed to be bought by privately held Crown Laboratories in a deal valued at $924 million, including debt, seeking scale to compete better with rivals in the...
Tourmaline Oil to acquire Crew Energy for $947 million
Canada’s Tourmaline Oil said on Monday it will acquire Crew Energy in a C$1.3 billion ($947.52 million) all-stock deal, which includes debt, to boost its presence in the Montney shale play in Alberta. The shale...
Thyssenkrupp to Sell Site Stake in Tussle Over Steel Future
Thyssenkrupp AG’s steel unit plans to sell a stake in an industrial site in Germany after a supervisory board meeting ended without agreement on a broader restructuring of the ailing division. As part of a push to lower...
Abu Dhabi’s ADQ to acquire minority stake in Sotheby’s in $1 bln deal
Abu Dhabi wealth fund ADQ is to acquire a minority stake in Sotheby’s in a $1 billion deal with the auction house’s majority owner Patrick Drahi, the fund said on Friday. Under the agreement, ADQ, Abu...
Algonquin to sell majority of renewables unit for up to $2.5 bln to ease debt
Canada’s Algonquin Power & Utilities said on Friday it would sell its renewable energy business, excluding the hydropower operations, to a unit of U.S.-based LS Power for up to $2.5 billion. Last August, the...
Thoma Bravo prepares $3 billion sale of software maker ABC Fitness, sources say
Thoma Bravo is preparing to explore options including a potential sale of ABC Fitness Solutions that could value the software provider for health clubs and gyms at about $3 billion including debt, according to people...
AB InBev sale of Russian JV stake to Anadolu Efes rejected by authorities
Russian authorities have rejected Anheuser-Busch InBev and Anadolu Efes’ deal whereby the world’s top beer maker would sell its stake in their Russian joint venture to the Turkish brewer, the companies said...
Les Schwab Tire’s owner explores sale valuing it at over $7 billion, sources say
The investment firm that owns Les Schwab Tire Centers is exploring options including a sale of the tire retail chain that could value it at more than $7 billion, including debt, people familiar with the matter said on...
News Corp considers selling Australia pay TV and streaming unit
Rupert Murdoch’s News Corp said it may sell Australian cable TV and streaming unit Foxtel after receiving an approach, a deal that would end its involvement in a high-overhead asset that has struggled to adapt to...
UK regulator provisionally clears T&L Sugars’ Tereos deal
Britain’s competition watchdog said on Tuesday it has provisionally approved the deal for T&L Sugars to buy Tereos UK & Ireland’s retail sugar business. T&L Sugars, which refines and distributes...
