SK Bioscience will acquire a 60% stake in German pharmaceutical contract manufacturing firm IDT Biologika GmbH from Klocke Gruppe in a deal worth 339 billion won ($243.75 million), the South Korean vaccine maker said on...
Qatar Airways looking to buy up to 20% stake in Virgin Australia, AFR reports
Qatar Airways is in talks to buy up to a 20% stake in Bain Capital-owned Virgin Australia, the Australian Financial Review (AFR) reported on Wednesday, as carriers fight for more market share in the country against...
MNC Capital raises bid to acquire Vista Outdoor to $3.2 bln
MNC Capital has raised its bid for Vista Outdoor to $3.2 billion, the investment firm said on Wednesday, just days after the U.S. company agreed to sell its sporting goods and ammunition business to Prague-based...
Activist investor Jana pushes Rapid7 to consider a sale
Jana Partners, the activist investor that has successfully pushed for the sale of multiple companies, has built a stake in Rapid7 and is urging the cybersecurity company to sell itself, a person familiar with the matter...
UK’s Alliance Trust and Witan to merge to create $6 billion fund firm
British investment trusts Alliance Trust and Witan have agreed to merge to create a company managing 5 billion pounds ($6.33 billion) of assets, in the latest example of consolidation in the fund management sector. The...
Vista Outdoor receives US government committee approval for sporting unit sale to CSG
Vista Outdoor and Czechoslovak Group (CSG) said on Tuesday that they had received regulatory approval from an interagency committee of the United States government for the proposed sale of Vista’s sporting...
Boeing offers to buy Spirit Aero for $35/shr, Bloomberg News reports
Boeing has offered to acquire Spirit AeroSystems in a deal funded mostly by stock that values its 737 fuselage supplier at about $35 per share, Bloomberg News reported on Monday, citing people familiar with the matter...
Packaging firm Sonoco Products to buy Eviosys in $3.9 bln deal
Sonoco Products said on Monday it would buy European food cans maker Eviosys from private equity group KPS Capital Partners in a $3.9 billion deal, to expand its metal and aerosol packaging business. The U.S. packaging...
Everstone to merge two healthcare companies, list combined firm
Everstone Capital, the Pan Asia private equity fund, is merging two of its healthcare portfolios as part of an eventual big-ticket IPO plan, said multiple people aware of the development. Translumina Therapeutics, one...
South Korea’s SK Group considers asset sales, mergers as part of overhaul
South Korea’s SK Group plans to hold a two-day strategy meeting starting Friday to discuss streamlining its business to focus on key areas including artificial intelligence, chips and batteries. The group, best...
UBS to sell partial stake of a joint venture to Beijing state asset manager
UBS is selling a partial stake in one of its securities joint ventures to Beijing State-owned Asset Management (BSAM), a key step for the Swiss bank as it consolidates operations in China after its merger with Credit...
EV supply chain data provider Benchmark Mineral buys smaller peer Rho Motion
Benchmark Mineral Intelligence, a UK-based provider of critical minerals pricing and data, said it had bought smaller peer Rho Motion in a deal that will make it one of the world’s largest sources of market...
