Britain’s Metro Bank is selling its portfolio of prime residential mortgages to NatWest Group for up to 2.4 billion pounds ($3.1 billion) in cash, it said on Friday. The sale is expected to reduce Metro’s...
Brewing giant Asahi set to sell restaurant business, Nikkei reports
Asahi Group plans to sell its struggling restaurant business, Nadaman, to a Japanese peer as the country’s biggest brewer looks to exit the segment to focus on alcoholic and other beverages, Nikkei reported on...
KKR to take edu-tech firm Instructure private for $4.8 billion
KKR & Co will take education software platform Instructure Holdings private for $4.8 billion, the private equity firm said on Thursday. The buyout heralds a potential resurgence in private equity activity, following...
Helmerich & Payne to buy KCA Deutag for $1.97 bln to boost Middle East presence
Oilfield services firm Helmerich & Payne Inc will acquire Britain’s KCA Deutag International for $1.97 billion in cash, making the combined company one of the biggest rig providers in the Middle East, the...
Paramount, Skydance merger faces court challenge by shareholder
A Paramount Global investor has sued to block its merger with Skydance Media, saying the deal would cost its shareholders $1.65 billion, according to a lawsuit filed in Delaware’s Chancery Court on Wednesday...
Stellantis triggers government scrutiny with Comau stake sale
Carmaker Stellantis has agreed to sell a majority stake in its robotic unit Comau to One Equity Partners, in a deal that has drawn scrutiny from Italy’s government. Financial details of the transaction were not...
Advent to sell UK parcel delivery firm Evri to Apollo
Private equity investor Advent International said that it has agreed to sell UK parcel delivery firm Evri to funds managed by affiliates of Apollo. The deal values Evri at 2.70 billion pounds ($3.47 billion), two...
Cyan Renewables buys Australian vessel operator MMA Offshore for A$1.1 bln
Singapore’s Cyan Renewables, which operates vessels for offshore wind farms, said on Thursday it has bought MMA Offshore for A$1.1 billion ($726 million) in the largest takeover deal in this renewables segment in...
Informa to buy Cannes Lions owner Ascential for $1.6 bln
Britain’s Informa said on Wednesday it had reached a deal to buy Cannes Lions Festival owner Ascential for 1.2 billion pounds ($1.6 billion), adding the flagship ad industry conference to its portfolio of events...
Archrock to buy natgas compression firm TOPS for $983 mln
Energy infrastructure company Archrock said on Monday it would buy contract gas compression services provider Total Operations and Production Services (TOPS) for about $983 million in cash and stock from Apollo Global...
Industrial equipment maker IDEX to buy Mott Corp for $1 billion
Industrial equipment maker IDEX Corp said on Tuesday it would buy filtration products maker Mott Corp for $1 billion in cash as it looks to bolster its presence in the medical technologies industry. Founded in 1959...
Bosch to buy Johnson Controls air-conditioning assets in $8 billion deal
Robert Bosch has agreed to acquire Johnson Controls’ and Hitachi’s residential ventilation businesses for $8 billion, it said on Tuesday, in what will be the German engineering group’s largest takeover...
