Canada’s Competition Bureau on Tuesday said it found major competition concerns around U.S. grains merchant Bunge’s proposed acquisition of Glencore-backed Viterra, throwing an obstacle before a global...
Apparel company Express seeks quick bankruptcy sale
Apparel retailer Express said on Tuesday that it needs to move quickly to a bankruptcy sale in order to avoid a complete liquidation of its business. Express filed for bankruptcy protection on Monday with a non-binding...
IBM Is in Advanced Talks to Acquire Software Provider HashiCorp
International Business Machines Corp. is in advanced talks to acquire software company HashiCorp Inc., according to people with knowledge of the matter. IBM and HashiCorp could reach an agreement as soon as Wednesday...
Bunge-Viterra agriculture merger runs into Canada competition concerns
Canada’s Competition Bureau on Tuesday said it found major competition concerns around U.S. grains merchant Bunge’s proposed acquisition of Glencore-backed Viterra, throwing an obstacle before a global...
Allfunds abandons talks about potential sale, Bloomberg reports
Allfunds Group Plc has abandoned discussions over a potential sale of the European fund distribution company, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. Allfunds received several...
CVC explores options for Italy’s Recordati, Bloomberg News reports
CVC Capital Partners is exploring options for its controlling stake in Italian pharmaceutical group Recordati SpA, Bloomberg News reported on Tuesday, citing people familiar with the matter. CVC is working with advisers...
Germany’s RTL acquires Nickelodeon rights for children’s TV network
Super RTL, a children’s television network belonging to Bertelsmann’s RTL Group, has struck a deal to acquire Nickelodeon series in Germany, the group said in a statement on Tuesday. Under the agreement...
JD Sports to buy US rival Hibbett in $1.08 billion sportswear retail deal
JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain’s biggest sportswear retailer looks to expand across the...
US sues to block merger of Coach and Michael Kors handbag makers
The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri, saying it would eliminate “direct head-to-head competition” between...
Vista Outdoor asks MNC Capital to increase $3 bln buyout offer
Vista Outdoor on Monday pushed MNC Capital to raise its offer to acquire the sporting and outdoor products maker, saying the investment firm’s current bid of $3 billion undervalued its performance gear business...
CoStar to buy Matterport in $1.6 bln deal to boost digital real estate services
CoStar Group said on Monday it would buy Matterport in a cash-and-stock deal valued at $1.6 billion, as the real estate information provider looks to win listings and sell more properties by enhancing 3D virtual tours...
US-based Quanex to buy UK’s Tyman in $976 mln cash and share deal
U.S.-based Quanex Building Products will buy doors and windows supplier Tyman in a cash and share deal, valuing the British firm at about 788 million pounds ($976 million), the companies said on Monday. Tyman shares...