French oil major TotalEnergies has sold a 50% stake in 11 battery projects under construction in Germany to Allianz Global Investors, the companies said on Tuesday, as interest grows in Germany’s fast-growing...
International News
Criteria lifts Naturgy stake to 28.5% after buying 2.5% from BlackRock
Spain’s Criteria has bought a 2.5% stake in energy firm Naturgy for 611 million euros, lifting its holding to 28.5%, the Spanish holding company said on Tuesday. The Spanish company, which remains the largest...
Hudbay Minerals to buy remaining Arizona Sonoran stake for $1.48 billion
Hudbay Minerals, said on Monday it will buy the remaining shares in Arizona Sonoran Copper Company for $1.48 billion, as the Canadian miner expands its footprint to capitalize on the growing demand for the red metal...
Zurich Insurance to acquire UK’s Beazley for $11 billion
The British insurer Beazley has agreed to the terms of an 8.1 billion pound ($10.8 billion) takeover bid from Zurich Insurance Group, the companies said on Monday, as the Swiss firm looks to expand its foothold in...
Paramount’s $110 billion Warner Bros deal likely to secure FCC backing, FT reports
U.S. Federal Communications Commission Chair Brendan Carr has signaled that the watchdog will not seek to block Paramount’s $110 billion deal to buy Warner Bros and played down competition concerns over a...
Thoma Bravo nears deal for WWEX to create $12 billion shipping tech firm, Bloomberg News reports
U.S. private equity firm Thoma Bravo is in advanced talks to buy third-party logistics provider WWEX Group to create a shipping technology business worth as much as $12 billion, Bloomberg News reported on Monday...
BlackRock to sell its 11.4% stake in Spanish energy firm Naturgy
BlackRock has appointed J.P. Morgan and Goldman Sachs to sell its remaining 11.4% stake in Spanish energy firm Naturgy through an accelerated bookbuild offering, a market filing showed on Monday. BlackRock in...
Australia’s Magellan to buy Barrenjoey at implied value of $1.1 billion
Australia’s Magellan Financial Group said on Monday that it will acquire all the issued shares of Barrenjoey Capital Partners that it does not currently own at an implied value of A$1.62 billion ($1.14 billion)...
FCC approves Charter Communications’ $34.5 billion deal to buy Cox
The Federal Communications Commission said on Friday it approved Charter Communications’ $34.5 billion acquisition of Cox Communications. The deal announced in March 2025 combines two of the largest U.S. cable and...
BlackRock’s GIP, EQT close to acquiring AES Corp, Bloomberg News reports
BlackRock-owned Global Infrastructure Partners and equity firm EQT AB are in advanced talks to acquire U.S.-based utility AES Corp, Bloomberg News reported on Friday, citing people familiar with the matter. AES shares...
VW receives preliminary bids for diesel engine business Everllence at around $9.4 billion, sources say
Volkswagen has received bids valuing its diesel engine division Everllence at around 8 billion euros ($9.4 billion) including debt, according to three people familiar with the discussions. Such a price tag would be...
CPP, Equinix to buy Nordic data center operator at North in $4 billion deal
Canada Pension Plan Investment Board and Equinix have agreed to acquire Nordic data center operator atNorth from private equity firm Partners Group in a deal valued at about $4 billion, the companies said in a joint...
