Vintage Wine Estates, one of the largest U.S. wine producers, filed for Chapter 11 bankruptcy on Wednesday, citing overexpansion, too much debt and a surplus of grapes as wine drinkers emerging from pandemic lockdowns...
Cybersecurity firm Wiz calls off $23 bln deal with Google, memo says
Israeli cybersecurity startup Wiz has ended talks with Google-parent Albhabet on a reported $23 billion deal in which it would have become the U.S. tech giant’s largest-ever acquisition, according to a Wiz memo...
CSG sweetens bid for Vista Outdoor’s ammunition unit to $2.15 bln
Vista Outdoor said Czechoslovak Group had raised the base purchase price for its ammunition business, Kinetic Group, by $50 million to $2.15 billion. Vista had rejected investment firm MNC Capital’s final buyout...
UK’s Hammerson to sell stake in Bicester Village owner to LVMH backed private equity firm
UK shopping mall owner Hammerson said on Monday it is selling its entire 42% stake in luxury shopping centre operator Value Retail to LVMH-backed private equity firm L Catterton for an enterprise value of 1.5 billion...
Vodafone sells further 10% stake in Vantage Towers for 1.3 bln euros
Britain’s Vodafone said it sold a further 10% stake in Vantage Towers for 1.3 billion euros ($1.4 billion), bringing its ownership in a group which controls European mobile phone masts down to its intended level...
Archrock to buy natgas compression firm TOPS for $983 mln
Energy infrastructure company Archrock said 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 Management...
Australia’s Woodside Energy to buy US LNG developer Tellurian for $1.2 bln
Australia’s Woodside Energy on Monday said it has entered a definitive agreement to acquire U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG project, for a total value of...
Colombia’s Ecopetrol in talks to buy $3.6 bln CrownRock stake from Occidental
Colombia’s Ecopetrol is in talks with U.S. oil producer Occidental Petroleum to possibly buy a 30% stake in shale oil producer CrownRock, in a transaction potentially worth $3.6 billion, the North American company...
Friedkin Group pulls out of talks to buy majority stake in Everton
The Friedkin Group has abandoned its plans to buy a majority stake in Everton after being granted a period of exclusivity last month, the Premier League club said on Friday. The Friedkin Group, who are also majority...
US private equity firm Stonepeak to acquire New Zealand’s Arvida Group in $746 million deal
U.S.-based private equity firm Stonepeak said it would buy New Zealand’s Arvida Group for NZ$1.24 billion ($745.74 million) excluding debt, sending the aged care provider’s shares up nearly 60% on Monday to...
Canada’s Tenaz Energy to buy Dutch NAM’s offshore assets for $180 mln
Canada’s Tenaz Energy said it had entered into an agreement with NAM, a joint venture between Shell, ExxonMobil and the Dutch government, to acquire all issued and outstanding shares of NAM Offshore B.V. for 165...
CD&R explores sale of a stake in software maker Epicor, sources say
Private equity firm Clayton, Dubilier & Rice is exploring options including the sale of a stake in Epicor Software, which counts Formula One racing team RB among customers for its business software, according to...
