The London Stock Exchange Group and S&P Global are among potential bidders for data provider Preqin, four people with knowledge of the situation said. The owners of the UK data firm that focuses on the private...
FTC loses bid to block $320 million hospital merger in North Carolina
A U.S. judge in North Carolina has denied the U.S. Federal Trade Commission’s request to block Novant Health’s $320 million acquisition of two hospitals in the state, a deal the agency said would lead to higher prices...
HanesBrands to sell sportswear business Champion to Authentic Brands in $1.2 bln deal
HanesBrands said on Wednesday it would sell its sportswear brand Champion to Authentic Brands Group in a deal valued at $1.2 billion, as the company looks to streamline business and focus on its innerwear categories...
Dollar Tree explores sale of struggling Family Dollar banner
Dollar Tree said on Wednesday it was exploring options, including a potential sale or spinoff of its Family Dollar banner, as it looks to restructure business amid still-high inflation that continues to strain consumer...
Hungary to buy 5% stake in Azerbaijan’s Shah Deniz gas field
Hungarian state-owned energy conglomerate MVM will buy a 5% stake in Azerbaijan’s Shah Deniz gas field, it said in a statement on Wednesday. Hungary, a landlocked country, has been importing natural gas mainly...
Parkland to sell Canadian propane business for $84 mln amid investor pressure
Canadian fuel distributor Parkland said on Wednesday it would sell its Canadian commercial propane business to Avenir Energy for about C$115 million ($84.00 million) in cash amid a push by investors for a strategic...
UK’s Wood Group to discuss with Sidara on possible takeover proposal
UK’s John Wood Group said on Wednesday its board would discuss with Sidara on a sweetened takeover proposal and grant the Dubai-based engineering and consulting firm access to due diligence materials. Shares in...
Riot Platforms acquires 12% stake in rival Bitfarms
Bitcoin miner Riot Platforms said on Wednesday it has acquired ownership of 12% stake in rival Bitfarms Ltd. The company bought around 1.5 million shares in Bitfarms on Wednesday at the price of about $2.45 per...
Cannabis producer Green Thumb explores merger with Boston Beer, letter shows
Cannabis producer Green Thumb Industries is prepared to make an offer for a potential merger deal with U.S.-based brewer Boston Beer, according to a letter seen by Reuters. Green Thumb CEO Ben Kovler in a letter to...
Apollo to pay $11 bln for 49% of Intel Ireland factory joint venture
Buyout firm Apollo Global Management will acquire a 49% equity interest in a joint venture related to Intel’s new manufacturing facility in Ireland for $11 billion, the companies said on Tuesday. Apollo will...
Spain’s BBVA seeks ECB go-ahead for Sabadell hostile bid, source says
Spain’s BBVA asked the European Central Bank on Tuesday to authorize its more than 12 billion euro ($13 billion) hostile bid for Sabadell, a source close to BBVA said. BBVA’s all-share offer was rejected by...
Blackstone bets on UK rental homes in $740 million deal
U.S. private equity giant Blackstone has agreed to buy 1,750 new homes to rent from British housebuilder Vistry, as institutional investors bet on a shortage of rental properties. Large investors are increasingly...
