Talks on the sale of Shell Deutschland’s 32.5% stake in Mineraloelraffinerie Oberrhein GmbH (MiRO) in the southern German city of Karlsruhe to Czech state-owned pipeline operator MERO have ended without an...
Saudi Telecom considers possible offer for United Group, sources say
Saudi Arabia’s STC Group is in the early stages of considering an offer for European telecom and pay-TV operator United Group, according to three people with knowledge of the potential deal. UK buyout group BC...
Ackman’s Pershing Square raises $1.05 bln in stake sale ahead of potential IPO
Billionaire Bill Ackman’s Pershing Square Capital Management has raised $1.05 billion by selling 10% stake in the hedge fund to a consortium of institutional investors and family offices, it said on Monday. The...
Waste Management nears deal to buy Stericycle for $7 billion, WSJ reports
Waste Management is nearing a deal to buy medical waste disposal company Stericycle for roughly $7 billion, including debt, the Wall Street Journal reported on Sunday. The acquisition of Bannockburn, Illinois-based...
Credit Suisse ceases to exist as UBS wraps up takeover
UBS Group AG completed the historic acquisition of its former rival Credit Suisse, marking a new chapter for the Swiss financial sector as the defunct bank’s legal existence has formally ended. “Today...
Tether acquires $100 million stake in US-Listed bitcoin miner Bitdeer
Stablecoin issuer Tether Holdings Ltd. has acquired a $100 million stake in Bitdeer Technologies Group, the US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu, with an option to purchase an additional $50...
Endurance Technologies announces acquisition of 100% stake in Ingenia, Italy
Endurance Technologies announced that Endurance Overseas Srl, Italy, subsidiary of the Company, has acquired 100% stake in Ingenia Automation Srl (Ingenia), Italy, with an effective date of 31 May, 2024. Ingenia, based...
OneWater in Talks to Buy Rival Boat Dealer MarineMax
OneWater Marine Inc. is in talks to acquire its larger rival MarineMax Inc., people with knowledge of the matter said Sunday. OneWater has made a $40-a-share offer for MarineMax following months of private discussions...
Paramount’s special committee agrees to recommend Skydance deal, WSJ reports
A special committee of Paramount Global’s board agreed to recommend a deal with Skydance Media, the Wall Street Journal reported on Friday, citing people familiar with the matter. A potential deal could end months...
Waste Management nears deal to buy Stericycle for $7 billion, WSJ reports
Waste Management is nearing a deal to buy medical waste disposal company Stericycle for roughly $7 billion, including debt, the Wall Street Journal reported on Sunday. The acquisition of Bannockburn, Illinois-based...
Everton takeover by US private equity firm falls through
Everton’s takeover agreement with prospective owner 777 Partners has expired, the Premier League club said on Saturday, after the U.S. private equity firm failed to complete the acquisition of Farhad...
Blackstone set to sweeten Hipgnosis offer as part of revised bid, FT reports
Blackstone will sweeten its offer for Hipgnosis Songs Fund by a cent to $1.31 from $1.30 as part of a revised bid that would value the firm at nearly at $1.6 billion, the Financial Times reported on Monday. The deal...
