The Competition Commission of India (CCI) on Wednesday said it has approved the acquisition of NCR Atleos Corporation by global cash management and logistics service provider Brink’s Company. “Post completion, the...
International News
EU approves Paramount’s $81 billion Warner Bros. mega merger deal with conditions
The European Union approved Paramount’s $81 billion takeover of Warner Bros. Discovery this week, effectively clearing another regulatory hurdle for a mega merger that could vastly reshape the entertainment and...
Musk leaves door open to Tesla-SpaceX merger
Tesla CEO Elon Musk on Wednesday left the door open to the EV maker merging with his other trillion-dollar-plus-valued firm SpaceX, declining to dismiss the possibility and citing growing overlap between the companies...
Samos rivals Genel Energy with $359 million bid for UK’s Capricorn
Britain’s Capricorn Energy said on Wednesday it has received a £268.8 million ($359.33 million) all-cash bid from private investment firm Samos Energy, weeks after agreeing to a near-identical proposal from...
Nestle nears sale of water business stake at close to €5 billion valuation, FT reports
Private equity firm Platinum Equity is nearing a deal to acquire about a 50% stake in Nestle’s European water business in a transaction that would value the joint venture at almost €5 billion ($5.71 billion)...
Portugal to use $875 million from Novo Banco sale to pay down debt
Portugal will use the net proceeds of 766.9 million euros ($875.11 million) from the sale of its stake in Novo Banco to France’s Groupe BPCE to pay down public debt, according to an order signed by the finance...
Paramount secures EU nod for $110 billion Warner Bros deal, US hurdles ahead
Paramount Skydance Corp on Wednesday gained European Union antitrust approval for its $110 billion acquisition of Warner Bros Discovery after agreeing to ditch a film distribution joint venture with Universal Pictures...
Critical mineral refiner Nth Cycle to go public in $585 million SPAC deal
Critical mineral refining company Nth Cycle said on Wednesday it would go public through a merger with special purpose acquisition company (SPAC) Kensington Capital Acquisition. The merger will value Nth Cycle at an...
Federal judge halts Paramount and Warner merger for at least two weeks
A federal judge on Monday ordered Paramount and Warner Bros Discovery to halt their $81 billion merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court...
Attestor to take full control of Condor by Sept. 30, source says
Investment firm Attestor plans to acquire the remaining 49% of German leisure airline Condor from the German government by September 30, exercising an option it has held since 2021 after the carrier repaid a state...
Vaar Energi to buy BlueNord for $1.3 billion to create leading European oil and gas producer
Norway’s Vaar Energi said on Tuesday it will buy smaller Oslo-listed rival BlueNord to form Europe’s largest independent oil and gas producer by output, in a deal indicated at around $1.33 billion. News of...
UK contractor Mitie agrees to $4.2 billion takeover by PE-backed rival, shares jump
British outsourcer OCS Group International will buy listed rival Mitie for £3.1 billion ($4.17 billion), the companies said on Tuesday, forming a facilities management firm positioned to tap booming demand for AI...
