A majority of shareholders have approved Japanese company Electric Power Development’s (J-Power) A$381 million ($257.56 million) buyout of Genex Power, the Australian company said on Tuesday. J-Power offered 27.5...
Google-backed software developer GitLab explores sale, sources say
GitLab, a U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet, is exploring a sale after attracting acquisition interest, according to people familiar with the matter...
Italy delays approval of Poste stake sale, sources say
Italy has held off approval of a decree to sell a stake in Poste Italiane, people familiar with the matter told Reuters, following resistance from ruling and opposition parties to loosen the state’s grip on key...
Bunge offers to sell Viterra’s oilseeds facilities in Poland, Hungary, source says
U.S. grains merchant Bunge has offered to sell Glencore-backed Viterra’s crush and refining plants for oilseeds in Hungary and Poland in order to secure EU antitrust approval for the $34 billion merger, a person...
Allianz plans to buy majority stake in Singapore’s Income Insurance
Germany’s Allianz said on Wednesday that it was planning to buy a majority stake in Singapore’s Income Insurance for around $1.6 billion. Allianz said it would offer 40.58 Singapore dollars per share for a...
UK’s Spectris to buy Georgia-based Micromeritics for $630 mln
Scientific instruments maker Spectris Plc said on Tuesday, that it has agreed to buy Georgia, U.S.-based Micromeritics Instrument Corp for $630 million, expanding the British company’s laboratory analytical...
Spanish train maker Talgo receives merger offer from Czech rival Skoda
Spanish train maker Talgo said on Tuesday it received a merger offer from Czech rival Skoda four months after Hungarian consortium Ganz-Mavag launched a public tender offer for all Talgo shares. Skoda, which is...
Cleveland-Cliffs to buy Canadian steelmaker Stelco for $2.8 billion
Cleveland-Cliffs will buy Canadian steelmaker Stelco Holdings for C$3.85 billion ($2.8 billion), it said on Monday, marking its first acquisition since a failed bid for rival U.S. Steel last year. North American steel...
Yandex split finalised as Russian assets sold in $5.4 bln deal
A deal to split the assets of Russian technology company Yandex was finalised on Monday, with a Russian consortium of investors buying the bulk of Yandex’s businesses in a cash and shares deal worth around $5.4...
Airbus and Thales explore tie-up of space activities, sources say
European aerospace groups Airbus and Thales are exploring a tie-up of some space activities as new competition disrupts the sector, two industry sources said. The sources said preliminary talks were focusing on their...
Macy’s ends buyout talks with investor group, shares slump
Macy’s scrapped talks with an investor group comprising Arkhouse Management and Brigade Capital that had offered to acquire the department store chain for $6.9 billion, sending its shares down 15% on Monday. In a...
Google parent in talks to buy cybersecurity startup Wiz for $23 billion
Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter said on Sunday, in a deal that would represent the technology giant’s...
