North American packaged water companies Primo Water Corp and BlueTriton Brands said on Monday they would merge in an all-stock deal. The companies said Primo Water’s shareholders would likely own 43% of the...
Finland’s Sampo makes $4.7 bln bid for Topdanmark
Finnish insurer Sampo has agreed to buy Topdanmark in an all-share deal that values the Danish rival at 33 billion crowns ($4.73 billion), the two companies said on Monday. Sampo already owns 48.5% of the Danish...
EV startup Fisker files for bankruptcy
U.S. electric vehicle (EV) maker Fisker filed for bankruptcy protection late on Monday as deal talks with a big automaker collapsed, exposing the startup to the fallout of a rapid cash burn to deliver its Ocean SUV in...
Japan e-comics platform Infocom says yet to decide on Blackstone takeover offer
Japanese digital comic distributor Infocom will announce its board’s decision on a takeover bid from Blackstone once all its disclosure documents are ready, the company said on Tuesday. Infocom was responding to a...
Seche Environnement to buy Singaporean hazardous waste firm ECO for $447 million
French industrial group Seche Environnement has agreed to buy Singapore’s ECO Industrial Environmental Engineering for around S$605 million ($447.4 million), according to a statement by the company dated Monday...
EU regulators to decide on Bunge and Viterra’s $34 bln deal by July 18
U.S. grains merchant Bunge and Glencore-backed Viterra’s plan to create a $34 billion agricultural trading giant will be decided by EU antitrust regulators by July 18, a European Commission filing showed on Monday...
Phillips 66 to sell 25% stake in Rockies Pipeline for $1.28 bln
U.S. oil refiner Phillips 66 said it would sell its 25% stake in the Rockies Express Pipeline (REX) for about $1.28 billion, including debt, to a subsidiary of Tallgrass Energy. “This sale is an important step in...
Fisher Sells Stake of Up to $3 Billion to Advent, Abu Dhabi Fund
Private equity firm Advent International and a unit of the Abu Dhabi Investment Authority are buying a minority stake in billionaire Ken Fisher’s Fisher Investments worth as much as $3 billion. The transaction, in which...
Ardian, Saudi’s PIF to buy 37.6% stake in Heathrow, Ferrovial keeps 5%
Infrastructure giant Ferrovial said on Friday it had reached a new agreement with French private equity fund Ardian and Saudi Arabia’s Public Investment Fund (PIF) to sell the bulk of its 25% stake in Heathrow...
Carlyle explores sale of electric power producer Cogentrix, FT reports
PE firm Carlyle has hired advisers to explore a sale of Cogentrix that could value the North Carolina-based power producer at as much as $3 billion to $4 billion, the Financial Times reported, citing three people...
UK competition watchdog starts formal probe into Barratt-Redrow deal
Britain’s competition regulator launched a formal investigation on Friday into homebuilder Barratt’s 2.52 billion pound ($3.21 billion) all-stock deal to buy smaller rival Redrow to examine whether it has...
Carlyle, KfW join forces in effort to buy Thyssenkrupp warship division, sources say
Private equity firm Carlyle and German development bank KfW are in talks to jointly buy most of Thyssenkrupp’s submarine unit, three people familiar with the matter said, in the latest sign of how the Ukraine war...
