Cineworld is in talks over a possible sale as part of a strategic review that could lead to a wholesale restructuring of its business, Sky News reported on Saturday, citing unidentified sources. The operator and owner...
EU to probe UAE-based e&’s acquisition of Czech PPF Group’s telecoms assets, FT reports
The European Commission will open a formal in-depth probe soon into Abu Dhabi-based Emirates Telecommunications’ (e&) proposed acquisition of Czech PPF group’s telecoms assets in Bulgaria, Hungary...
Italy’s bad loan manager doValue to buy rival Gardant, shares surge
Italy’s doValue has agreed to buy rival Gardant in a cash-and-stock deal, the country’s biggest bad loan company said early on Friday, bulking up in the face of ebbing flow of impaired debt due to...
Bain Capital to take PowerSchool private in $5.6 bln deal
Buyout firm Bain Capital will take PowerSchool Holdings private in a deal valuing the education-software provider at $5.6 billion, PowerSchool said on Friday. Bain Capital will pay $22.80 per share in cash to...
National bank mergers can pave way for cross-border deals, ECB’s De Guindos says
National bank mergers must come before cross-border deals, the vice-president of the European Central Bank Luis de Guindos said on Friday, without elaborating if the ECB would approve BBVA’s takeover bid for...
New Era Cap to acquire ’47 in lifestyle brand tie-up, sources say
New Era Cap, a supplier of major U.S. sports league headware, has agreed to acquire sports lifestyle brand ’47, people familiar with the matter said on Thursday. The deal between two family-founded brands will...
MNC Capital raises offer to acquire Vista Outdoor to over $3 billion
Investment firm MNC Capital has raised its offer to acquire sporting and outdoor goods company Vista Outdoor to $39.50 per share, or over $3 billion, the investment firm said on Thursday. Shares of Vista Outdoor rose 7...
Japan banks to begin divesting their strategic Toyota shareholdings, Bloomberg reports
Japan’s two biggest banks will start divesting their strategic shareholdings in Toyota Motor – worth a combined $8.5 billion – and will seek to sell into the automaker’s planned share buybacks...
Botswana may raise De Beers stake as Anglo weighs spin-off
The Botswana government may raise its shareholding in global diamond miner De Beers, President Mokgweetsi Masisi told JCK News, after parent company Anglo American said it plans to spin off or sell the business. The...
French jet engine maker Safran gets Italy’s clearance to buy Microtecnica
French jet engine maker and defence company Safran said on Thursday it had received clearance from Italy to buy Microtecnica, the company which holds Collins Aerospace’s flight control assets in the country. Italy...
SAP to acquire Israel-based WalkMe
Germany’s software firm SAP said it will acquire WalkMe, a Saas company headquartered in Tel Aviv. Both companies’ boards have approved the transaction for $14 per share, a premium of 45% on WalkMe’s...
Clearlake explores $3 billion-plus sale of software provider Confluence, sources say
Private equity firm Clearlake Capital is exploring a sale of Confluence Technologies, hoping a deal will value the financial software and data management provider at more than $3 billion, including debt, according to...
