U.S. law firm Michael Best & Friedrich said on Tuesday that it has absorbed a small Los Angeles firm, adding to an uptick in law firm mergers this year. Milwaukee-founded Michael Best, which has more than 300...
StanChart’s crypto unit in talks to buy Alan Howard-backed firm, Bloomberg reports
Standard Chartered Plc’s, crypto unit, Zodia Markets, is in talks to acquire billionaire hedge fund manager Alan Howard-backed Elwood Capital Management’s OTC business, Bloomberg News reported on Tuesday...
Carlsberg to buy Britvic for $4.23 billion
Danish brewer Carlsberg agreed to buy London-listed soft drinks maker Britvic for 3.3 billion pounds ($4.23 billion) as part of a plan to expand in the non-alcoholic beverage market and reduce reliance on beer sales...
Paramount, Skydance merger deal ends Redstone era
Streaming-era upstart Skydance Media began scripting a new chapter on Monday for Paramount Global, the day after reaching a deal to acquire one of Hollywood’s oldest studios, home of “SpongeBob...
Devon Energy to buy PE-backed Grayson Mill’s Williston assets for $5 bln
Devon Energy said on Monday it had entered into a deal to acquire certain assets of Bakken-focused energy producer Grayson Mill Energy, which is owned by private equity firm EnCap, in a cash-and-stock deal worth $5...
Australia auto parts retailer Bapcor rejects Bain Capital’s $1.2 bln bid
Australian auto parts retailer Bapcor rejected on Tuesday the A$1.83 billion ($1.23 billion) buyout offer from private equity firm Bain Capital, saying it did not fully reflect the company’s value. The...
Metro Bank says it is in talks on potential mortgage portfolio sale
British lender Metro Bank said on Monday it was in talks about a potential disposal of residential mortgage loans worth billions of pounds. The size of the portfolio, which is yet to be finalised, could be closer to 4...
Paramount’s directors approve merger with Skydance ending Redstone era
Paramount Global’s board of directors Sunday approved a deal to merge with Skydance Media, opening a new chapter for one of Hollywood’s oldest studios. The agreement could be finalised as soon as Sunday...
Carlyle in talks to buy Baxter’s kidney care unit, source says
Private equity firm Carlyle Group is in exclusive talks to acquire Baxter International’s kidney care spinoff Vantive for more than $4 billion, including debt, a person familiar with the matter told Reuters on...
Liberty Global weighs stake sale in Swiss telecom unit Sunrise, sources say
Liberty Global has explored selling a stake in its Swiss telecoms operator Sunrise ahead of a planned spin-off later this year, three people familiar with the matter told Reuters. Talks have taken place with several...
Crest Nicholson won’t enter talks on merger proposal from Avant Homes
British homebuilder Crest Nicholson said on Friday it had received a merger proposal from Elliott-backed Avant Homes but added it wouldn’t enter talks while it is in an offer period following Bellway’s...
China’s BYD acquires 20% stake in Thai dealer Rever Automotive
China’s BYD, will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is an electric vehicle market leader, the companies said Saturday. The...
