Videogame developer Electronic Arts has agreed to sell itself to a group of private investors in a deal that values the maker of “Battlefield” and “Madden NFL” at $55 billion, which if completed...
Ares Management to acquire Meade Pipeline for $1.1 billion
Ares Management said on Monday its infrastructure funds have bought Meade Pipeline for about $1.1 billion, adding a key natural gas asset to its U.S. energy business as demand for power and gas surges. The investment...
Elliott explores options for British data centre firm Ark, sources say
Elliott Investment Management is exploring strategic options for its UK-based Ark Data Centres in a possible sale that could fetch more than 3 billion pounds ($4.00 billion), according to two people with knowledge of...
Verizon in talks to buy EchoStar wireless spectrum, Bloomberg News reports
U.S. telecom company Verizon Communications is in discussions with EchoStar about purchasing some of its wireless spectrum, Bloomberg News reported on Monday, citing people familiar with the matter. The discussions...
Trump signs order declaring TikTok sale ready and values it at $14 billion
President Donald Trump signed an executive order on Thursday declaring that his plan to sell Chinese-owned TikTok’s U.S. operations to U.S. and global investors will address the national security requirements in a...
Videogame maker EA in advanced talks to go private at roughly $50 billion valuation
Electronic Arts, the videogame publisher behind titles such as “FC” and “Battlefield”, is in advanced talks to go private at a valuation of roughly $50 billion, according to sources familiar with...
Italian MFE in talks on possible purchase of stake in Portugal’s Impresa
MFE-MediaForEurope, the TV group controlled by Italy’s Berlusconi family, is in exclusive talks on the purchase of a relevant stake in the Portuguese media group Impresa, Impresa said on Saturday. It said in a...
Occidental in talks to sell OxyChem unit for at least $10 billion, FT reports
Occidental Petroleum is negotiating the sale of its OxyChem division, a transaction that could value the unit at a minimum of $10 billion, the Financial Times reported on Sunday. The divestment was likely to be...
ING facing delay in completing the sale of its Russian unit
Dutch bank ING said on Friday it was facing a delay in completing the previously announced sale of its Russian division to Global Development JSC. “At the time, it was expected that the transaction would be...
GlobalLogic to acquire synvert to expand in EU, ME
US-based digital engineering firm GlobalLogic, a Hitachi Group company, will acquire German-based consulting firm synvert from private equity fund Maxburg. The financial details were not disclosed. “This acquisition...
Prosus’ OLX to buy French classified platform La Centrale in $1.3 billion deal
Online marketplace OLX will buy French motors classified platform La Centrale for 1.1 billion euros ($1.3 billion), its owner Prosus said on Friday. Amsterdam-headquartered Prosus, which is majority-owned by South...
Tiptree to sell Fortegra to South Korean insurer DB Insurance for $1.65 billion
U.S. investment manager Tiptree said on Thursday that South Korea’s DB Insurance would acquire its specialty insurance unit, The Fortegra Group, for about $1.65 billion in cash. The sale would also mark an exit...
