Video game services group Keywords Studios said on Friday it was willing to agree to a 1.96 billion pound ($2.48 billion) takeover by EQT if the private equity firm made a formal offer at that price. The latest proposal...
Dealmakers optimistic on global M&A prospects despite sluggish growth
Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024. Stubbornly high...
Repsol in talks to merge UK North Sea operations with NEO, sources say
Spain’s Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources said, the latest consolidation effort by companies that operate in the basin...
Aramco to buy 10% stake in Renault-Geely thermal engines venture
Oil producer Saudi Aramco will buy a 10% stake in a thermal engines joint venture between French carmaker Renault and Chinese automaker Geely, the companies said on Friday, valuing the business at 7.40 billion euros ($7...
TPG Capital acquires 60% stake in digital services firm Altimetrik
TPG Capital has acquired a majority stake in Altimetrik, a US-based pure-play digital business firm for an undisclosed sum, the company announced on Thursday. Altimetrik is owned by Indian American entrepreneur Raj...
SM Energy to buy XCL’s Uinta assets for $2 bln, shares slump
SM Energy said on Thursday it had agreed to buy some shale assets of oil and gas producer XCL Resources for about $2 billion, extending its footprint in the Uinta region in Utah, sending its shares down 10%. XCL, backed...
Australia approves ANZ’s $3.3 bln buyout of Suncorp Bank
Australia on Friday gave the go-ahead for ANZ Group’s A$4.9 billion ($3.26 billion) buyout of Suncorp’s banking business, clearing the deal to proceed after almost two years of scrutiny by financial...
Citadel to buy power firm Energy Grid in first Japanese acquisition
Citadel will buy Japanese power firm Energy Grid in its first acquisition in Japan and the first major U.S. investment in Japan’s wholesale energy market in recent years, billionaire investor Kenneth...
Suzano terminates talks to buy International Paper
Brazilian pulpmaker Suzano said on Wednesday it has terminated talks to buy International Paper, adding the U.S.-based firm did not engage with the highest price it was willing to pay. Suzano, the world’s largest...
Fractal Announces Merger of Eugenie.ai to Bolster AI-Powered Climate Solutions
Fractal (www.fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced the merger of Eugenie AI (Eugenie.ai), an AI company dedicated to...
Doordash held talks with UK’s Deliveroo on takeover, sources say
U.S. meal delivery group Doordash flagged an interest in a takeover of Britain’s Deliveroo last month, two people familiar with the matter told Reuters. San Francisco-based Doordash made the approach to Deliveroo...
Bosch weighs offer for appliance maker Whirlpool, sources say
German engineering group Robert Bosch is weighing a bid for U.S. appliances manufacturer Whirlpool, according to three people familiar with the matter, a move that would boost its position in the household appliances...
