British soft drinks maker Britvic has rejected a 3.11 billion pound ($3.93 billion) takeover proposal from Carlsberg Group, the companies said on Friday, the second approach from the Danish brewer it has turned down...
Gabon completes acquisition of Carlyle’s Assala Energy
Carlyle Group said on Friday that it had completed the sale of its oil and gas company Assala Energy to Gabon’s national oil company. Gabon Oil Company (GOC) agreed to acquire Assala Energy in February after it...
Boyd Gaming makes acquisition approach to Penn Entertainment, sources say
U.S. casino operator Boyd Gaming has approached Penn Entertainment to express interest in acquiring its peer, valued at more than $9 billion, including debt, according to people familiar with the matter. The potential...
Top Bank of Cyprus Investors to Explore Sale of Stake
Two of the top investors at Bank of Cyprus Holdings Plc are exploring a sale of their stakes in the country’s biggest bank, according to people with knowledge of the matter. AB CarVal Investors and Caius Capital are...
Exxon-Hess arbitration panel incomplete, Hess sale to Chevron stalled
A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp to Chevron remains incomplete three months after the case was filed, stalling a decision on whether Exxon Mobil has a right...
LVMH goes fois gras as group buys famous Paris bistrot
French luxury giant LVMH completed its acquisition of Paris’s famous restaurant “Chez L’Ami Louis”, established in 1924, as the group continues its diversification push towards lifestyle and...
BP to buy out Bunge’s stake in Brazilian biofuels JV in $1.4 bln deal
BP has agreed to buy grain trader Bunge’s 50% stake in Brazilian sugar and ethanol joint venture BP Bunge Bioenergia for $1.4 billion in a bet on growing demand for low-carbon biofuels. Following the completion of...
China’s United Hydrogen to list on Nasdaq via $1.6 bln blank-check deal
Green energy company United Hydrogen Group said on Thursday it would be listing its shares on the Nasdaq via a blank-check merger that values the company at $1.6 billion. The deal, with blank-check firm Aimei Health...
Castlelake to buy up to $1.2 bln in consumer loans from Upstart
Private credit lender Castlelake will buy up to $1.2 billion in consumer installment loans from fintech firm Upstart to expand its foothold in the retail lending space, it said on Thursday. The deal underscores how...
UAE renewables company Masdar to buy Greece’s Terna Energy
United Arab Emirates renewable energy company Masdar said on Thursday it has reached an agreement to buy an initial 67% stake in Greece’s Terna Energy and intends to make a mandatory offer to buy the rest. Masdar...
Vanda rejects Future Pak and Cycle Pharma’s takeover offers
Vanda Pharmaceuticals said on Wednesday that it has rejected takeover offers from UK-based Cycle Pharmaceutical and a revised bid from contract manufacturer Future Pak, adding that both offers undervalue the U.S...
South Korea’s SK Innovation and SK E&S to pursue merger, newspaper says
South Korea’s SK Innovation, parent of the country’s largest oil refiner and battery maker SK On, is expected to pursue a merger with energy affiliate SK E&S, resulting in a 106 trillion won ($76.81...
