Canada’s Tenaz Energy on Thursday 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...
Meta in talks to buy 5% stake in Ray-Ban maker EssilorLuxottica, WSJ reports
Meta Platforms is in talks to acquire a stake of about 5% in EssilorLuxottica, its production partner for Ray-Ban smart glasses, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The...
UK clears Nationwide Building’s $3.75 bln Virgin Money deal
Britain’s competition regulator said on Friday it has cleared Nationwide Building Society’s proposed 2.9-billion-pound ($3.75 billion) all-cash deal to buy Virgin Money UK. The deal, which was announced in...
South Korea’s SK Innovation agrees merger with SK E&S as part of overhaul
SK Innovation, parent of South Korea’s largest oil refiner and battery maker SK On, said on Wednesday it will merge with energy affiliate SK E&S as the nation’s No. 2 conglomerate undertakes a major...
Olive Garden parent Darden to buy Chuy’s in $605 mln deal
Darden Restaurants, owner of the Olive Garden chain, has agreed to buy full-service restaurant operator Chuy’s Holdings in an all-cash deal which has an enterprise value of $605 million, the companies said on...
Allianz to buy majority stake in Singapore’s Income Insurance
German insurer Allianz said on Wednesday that it was planning to buy a majority stake in Singapore’s Income Insurance for about $1.6 billion to strengthen its foothold in Asia. The offer by Allianz, one of...
Temenos weighs sale of fund management unit Multifonds, sources say
Swiss financial software group Temenos is studying options, including a sale, for its fund management unit Multifonds, three people familiar with the matter said. Temenos, listed on the SIX Swiss Exchange, has been...
Apax, Bain and CVC exploring potential bids for SoftwareOne, sources say
Apax Partners, Bain Capital and CVC are each exploring potential bids for SoftwareOne, two people with knowledge of the situation said, three months after the ouster of the Swiss software company’s board. Talks...
Asterion to buy stake in Italy airports business from Ardian-Credit Agricole Assurance, sources say
Spanish fund Asterion has agreed to buy 49% of a holding company that owns several Italian airports from France’s Ardian and Credit Agricole Assurance, including a stake in the Milan airports’ operator, two...
TotalEnergies sells Nigerian onshore oil assets to Chappal Energies for $860 mln
TotalEnergies has sold its minority share in a major Nigerian onshore oil joint venture to Mauritius-based Chappal Energies for $860 million, the French energy group said on Wednesday. CEO Patrick Pouyanne said in...
Samsung agrees to acquire British startup Oxford Semantic for AI
Samsung Electronics said on Thursday it agreed to acquire Oxford Semantic Technologies, a British startup specialising in technology that can be used for more sophisticated artificial intelligence (AI) applications...
Fnac Darty offers to buy Italy’s Unieuro for around $270 mln
French retailer Fnac Darty on Tuesday offered to buy Italy’s Unieuro for around 249 million euros ($271 million) to create a market leader in consumer electronics and domestic appliances in southern and western...
