Chinese private equity firm Boyu Capital has emerged as the frontrunner to buy a controlling stake in Starbucks China business in a deal that could value the unit at more than $4 billion, Bloomberg News said on Tuesday...
Italy’s Leonardo to sell 9.4% Avio stake to participate in capital hike
Italy’s aerospace and defence group Leonardo said on Tuesday it was selling a 9.4% stake in rocket maker Avio through an accelerated bookbuilding to institutional investors. Leonardo, which will maintain a 19%...
Gurin Energy buys EDPR’s wind, solar projects in South Korea
Gurin Energy said on Wednesday it will acquire EDP Renewables APAC’s wind and solar project portfolio in South Korea to expand its footprint in the country. The acquisition of these projects, with a combined total...
Huntington Bank to acquire Cadence Bank for $7.4 billion; stock falls
Huntington Bancshares (HBAN) stock fell 5% early Monday, going below its 200-day line and 10-day moving average, as per the report by Investor’s Business Daily. HBAN shares are down 1.2% so far in 2025 through last...
ChipSync Acquires U.S.-Based Mobimark Labs to Strengthen Leadership in Automotive Audio Quality Certifications
ChipSync, a leading innovator in Connected Car Technology and advanced automotive solutions, has announced the acquisition of Meridian America LLC (a.k.a Mobimark Labs), a specialized automotive audio quality testing...
CSL delays spin-off, cuts profit outlook as US vaccination rates slide
Australian biotech CSL has cut its profit outlook and delayed plans to spin off its vaccine division, blaming an unprecedented fall in U.S. flu immunisation rates, which knocked its shares down as much as 16.6% to a...
Sweden’s EQT bids to buy Australia’s AUB Group at a $3.41 billion valuation
Australia’s AUB Group said on Tuesday it had granted Swedish private equity EQT exclusive access to its books after receiving a takeover offer which values the insurance broking company at A$5.25 billion ($3.41...
Germany’s SAP mulls new bid for software firm BlackLine, sources say
SAP, Europe’s largest software provider, offered to buy accounting software firm BlackLine for nearly $4.5 billion in June but was rebuffed and is now considering whether to pursue the company again, according to...
FirstSun to buy First Foundation in $785 million all-stock deal
FirstSun Capital Bancorp will buy First Foundation in an all-stock deal valued at $785 million, the companies said on Monday, as mergers and acquisitions within regional banks accelerate amid credit concerns in the...
Russia’s Lukoil says it plans to sell international assets due to Western sanctions
Russia’s second-largest oil producer, Lukoil, said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States. The planned sale of the assets is the...
Australia’s Domino’s Pizza denies report of Bain Capital takeover bid
Domino’s Pizza Enterprises on Tuesday denied receiving a takeover proposal from Bain Capital after a report said the private equity firm was looking at buying the whole or part of the Australian franchise operator...
Albemarle to divest Ketjen control, Eurecat stake in deals worth $660 million
Albemarle said on Monday it will sell a 51% stake in its refining catalyst solutions business, Ketjen, to private equity firm KPS Capital Partners, and divest its 50% interest in the Eurecat joint venture to...
