Singapore’s Keppel REIT announced on Wednesday that it plans to acquire a 75% stake in Sydney’s Top Ryde City Shopping Centre for a gross purchase price of A$393.8 million ($259 million), marking a major...
IndusInd promoter IIHL Mauritius buys 100% stake in Sterling Bank, Bahamas
IndusInd Bank Limited’s promoter, IIHL Mauritius, on Monday announced that it has acquired 100% stake in Sterling Bank, Bahamas. Previously, the promoter had acquired 51% stake in the Sterling Bank, Bahamas, in...
Fifth Third to buy Comerica in $10.9 billion deal, creating 11th largest U.S. bank
Fifth Third Bancorp said on Monday that it will buy Comerica Inc. for $10.9 billion in stock. It will be the biggest U.S. bank merger in years as banks are trying to grow bigger and stronger. The deal shows that...
US to Take 10% Stake in Trilogy Metals to Unlock Alaska Mining
The US said it will take a 10% stake in Canadian minerals explorer Trilogy Metals Inc. as part of a $35.6 million investment to secure critical energy and mining projects in Alaska. In an announcement Monday, President...
Gold miners Predictive Discovery, Robex to merge in $1.5 billion deal
Australian miner Predictive Discovery and Canada’s Robex Resources said they will merge in a A$2.35 billion ($1.55 billion) all-share deal, creating a mid-tier gold producer in West Africa. Under the deal, Robex...
SAIC to acquire SilverEdge Government Solutions for $205 million
Defense contractor Science Applications International Corp said on Monday it had agreed to buy peer SilverEdge Government Solutions from private equity firm Godspeed Capital for $205 million in cash. The transaction is...
Barrick to sell Tongon mine in up to $305 million deal
Barrick Mining said on Monday it will sell its interests in the Tongon gold mine and certain assets in Ivory Coast to Atlantic Group for up to $305 million as the Candian miner looks to strengthen its balance sheet...
Ares Management buys stake in EDPR assets in about $2.9 billion deal
Ares Management said on Monday that a fund managed by its Infrastructure Opportunities unit has acquired a 49% stake in a diversified U.S. renewable energy platform from EDP Renovaveis (EDPR), valuing the business at...
Chart Industries backs sale to Baker Hughes for $13.6 billion
Chart Industries said on Monday that its shareholders voted to approve the company’s acquisition by Baker Hughes. In July, Baker Hughes said it would buy Chart Industries in a $13.6 billion all-cash deal...
OpenAI acquires AI-led finance app Roi in personalisation push
OpenAI has acquired an artificial intelligence (AI)-powered finance app, Roi, the Verge reported on Friday. The terms of the deal were not disclosed. TechCrunch reported the recent acquisition, announced by chief...
Synechron Acquires Three Firms, Creating Largest Global ServiceNow Practice in Banking and Financial Services Sector
Synechron, a leading global digital transformation consulting firm, today announced the formation of a new global ServiceNow business via the acquisitions of RapDev, Calitii and Waivgen. * With the additions of RapDev...
Chevron puts $2 billion Colorado pipeline assets for sale, sources say
Chevron is selling a collection of pipeline assets in the Denver-Julesburg shale basin that are likely to fetch more than $2 billion, people familiar with the matter said. Investment bankers at Bank of America have been...
