Brazil’s antitrust watchdog CADE unanimously approved on Wednesday the acquisition of local bakery group Wickbold by Mexico’s Bimbo, but imposed restrictions that include some asset divestitures. CADE...
Commodity trader ResInvest in talks to buy Uniper’s Datteln 4 power plant
Commodity trader and investment company ResInvest Group said it is in talks to buy Datteln 4, the 1 gigawatt coal-fired power plant Uniper must sell as part of the German utility’s government rescue in 2022...
Amazon ropes in Fay to offer dietitian services on telehealth platform
Amazon has teamed up with Fay to provide personalized, insurance-covered dietitian services through the e-commerce giant’s digital health platform, the nutrition care startup said on Tuesday. WHY IT’S...
California Resources to buy Berry Corp in $717 million deal amid regulatory shift
California Resources said on Monday it would buy rival Berry Corp, hoping to create a bigger, more cost-efficient oil and gas producer in the most populous U.S. state as it eases its stringent environmental regulations...
What hurdles lie ahead for any US-China TikTok deal?
Questions and potential hurdles surround a framework agreement announced on Monday between the U.S. and China that would switch short-video app TikTok to U.S.-controlled ownership, including whether any deal will comply...
Company Deals Are About Simplification Now
Some senior dealmakers would say that there are almost no new ideas in M&A. The same combinations get explored, discussed and inked before they’re broken up again. That’s the cycle of deals. The bulk-up then breakup...
Paramount Skydance preparing bid for Warner Bros Discovery, source says
Paramount Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday, potentially bringing together two storied Hollywood studios and reshaping the entertainment...
Sabadell’s board tells shareholders to reject BBVA’s hostile takeover bid
Spanish bank Sabadell’s board unanimously recommended its shareholders reject BBVA’s hostile takeover bid on Friday, a move that may add pressure on the rival to increase its offer. BBVA formally launched...
Barrick exits Canadian gold mining with over $1 bln Hemlo sale
Barrick Mining said on Wednesday it will sell its last producing Canadian gold mine, Hemlo, to Carcetti Capital for up to $1.09 billion. Hemlo has produced more than 21 million ounces of gold and was once one of...
Union Pacific CEO held talks with Trump on $85 billion plan to buy Norfolk
Union Pacific Corp CEO Jim Vena met with U.S. President Donald Trump in the Oval Office to discuss the railroad’s proposed $85 billion buyout of Norfolk Southern Corp, the company said on Friday, as it seeks...
Financial services firm JTC in takeover talks with rival bidders Warburg and Permira
London-listed financial services firm JTC Plc said on Friday it was in separate talks with private equity firms Warburg and Permira after rejecting earlier buyout proposals from the two rival suitors. Shares in JTC...
Paramount Skydance preparing bid for Warner Bros Discovery, source says
Paramount Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday, potentially bringing together two storied Hollywood studios and reshaping the entertainment...
