Global private equity firms Warburg Pincus and Permira are in talks to buy investment and accounting software maker Clearwater Analytics, a source familiar with the matter told Reuters on Friday. Boise, Idaho-based...
Purdue Pharma Gets Court Nod for Bankruptcy Exit, Sackler Deal
Purdue Pharma LP won court approval to exit bankruptcy, capping six years of legal wrangling over a multibillion-dollar settlement and liability releases for the opioid manufacturer’s Sackler family owners. Judge Sean H...
RedBird’s bid for UK’s Telegraph collapses after newsroom opposition
U.S.-based private investment firm RedBird Capital Partners on Friday pulled out of a 500-million-pound ($671-million) bid for Britain’s Telegraph Media Group, the latest twist in a two-and-a-half-year saga at one...
Teamshares to list in US via $746 million T. Rowe Price-backed SPAC deal
Teamshares, a buyer of small- to medium-sized enterprises, said on Friday it would go public in the U.S. through a $746 million blank-check deal with Live Oak Acquisition Corp backed by accounts advised by investment...
ADNOC’s Covestro deal gets conditional European Commission greenlight
Abu Dhabi state oil firm ADNOC has received the EU’s conditional greenlight for its 14.7 billion euro ($17 billion) bid for German chemicals company Covestro, the European Commission said on Friday. It said the...
Topgolf Callaway in talks to sell Topgolf unit for about $1 billion, source says
Golf-equipment maker Topgolf Callaway Brands is in talks to sell its Topgolf unit to private equity firm Leonard Green in a deal that could value the business at about $1 billion, a source familiar with the matter told...
Paramount Skydance to sell Chilevision to investor group
Paramount Skydance on Friday said it has agreed to sell its shares in the entities that control Chilean free-to-air TV channel Chilevision to Vytal Group. The sale is part of Paramount Skydance’s strategy to...
Union Pacific, Norfolk shareholders approve $85 billion merger
Union Pacific and Norfolk Southern shareholders approved a deal to merge both railroad operators, the companies said on Friday. Over 99% of shareholders at both Union Pacific and Norfolk voted in favor of the $85...
Guatemala’s Castillo Hermanos buys US maker of SunnyD for $1.4 bln, top US official says
Guatemalan firm Castillo Hermanos acquired U.S.-based Harvest Hill, maker of beverages such as SunnyD, for $1.4 billion, the U.S. Deputy Secretary of State Christopher Landau announced on Friday on social media. Landau...
LKQ taps Bank of America to sell specialty parts business, sources say
Auto parts supplier LKQ is planning to sell Keystone Automotive Industries, its specialty parts division, three people familiar with the matter told Reuters, as the company faces pressure from investors to sell some...
Repsol weighs merger of upstream unit with APA, Bloomberg News reports
Spain’s biggest refinery operator Repsol SA is considering a reverse merger of its upstream unit with potential partners, including U.S. energy producer APA, Bloomberg News reported on Thursday, citing people with...
Pfizer completes up to $10 billion acquisition of Metsera
Pfizer on Thursday closed its up to $10 billion acquisition of Metsera after winning shareholder approval, gaining a foothold in the fast-growing obesity market following a fierce bidding war with Novo Nordisk. The...
