The U.S. Justice Department’s Antitrust Division said it has cleared Paramount Skydance Corp’s planned $110 billion acquisition of Warner Bros. Discovery, saying it was unlikely to harm competition or...
International News
Woodside exercises pre-emptive right to buy PetroChina’s stake in Browse JV
Woodside Energy exercised its pre-emptive right to acquire PetroChina’s 10.67% stake in the Browse gas fields off the coast of Western Australia, the firm said on Friday, blocking a deal agreed with Japan’s...
Holcim wins conditional EU antitrust nod for €1.85 billion Xella acquisition
World No. 2 cement maker Holcim has secured EU antitrust approval for its €1.85 billion acquisition of German walling systems maker Xella after pledging to sell a Romanian business, the European Commission said on...
Utility group AES fields complaints against its $33.4 billion proposed sale
Shareholders of AES Corp have filed two complaints against the U.S. utility group’s planned $33.4 billion sale to a consortium led by BlackRock’s Global Infrastructure Partners and Swedish private-equity...
OpenAI to acquire Ona to strengthen Codex cloud capabilities
OpenAI has announced plans to acquire Ona, a cloud execution and orchestration company, as it looks to expand the capabilities of its Codex platform and support more advanced, long-running artificial intelligence (AI)...
Rabobank, ING, Credit Agricole eye Belfius stake, media reports say
Rabobank, ING and Credit Agricole are all interested in buying a stake in Belgium’s state-owned bank Belfius, as the government plans a partial sale, Belgian newspapers L’Echo and De Tijd reported on...
BlackRock seeks to buy at least $5 billion in SpaceX IPO shares, WSJ reports
Asset manager BlackRock sought to buy at least $5 billion worth of shares in the initial public offering of Elon Musk’s SpaceX, the Wall Street Journal reported on Thursday, citing people familiar with the...
Honeywell targets $2 billion to $4 billion deals, eyes industrial automation M&A
Honeywell on Thursday said it is targeting deals valued at $2 billion to $4 billion and sees scope for acquisitions in its industrial automation business. “There is a ton of opportunity for M&A,” Peter Lau...
Woodside exercises pre-emptive right to buy PetroChina’s stake in Browse JV
Woodside Energy exercised its pre-emptive right to acquire PetroChina’s 10.67% stake in the Browse gas fields off the coast of Western Australia, the firm said on Friday, blocking a deal agreed with Japan’s...
$10. 6 billion deal: GSK to buy US cancer specialist Nuvalent
British pharmaceutical group GSK announced Tuesday a $10.6-billion deal for Nuvalent, a Boston-based specialist in cancer treatments, furthering its push into both oncology and the United States. The deal includes...
Taiwan-listed Ennoconn offers to buy Austria’s Kontron in $1.7 billion deal
Taiwan-listed technology firm Ennoconn Corp said on Wednesday it has launched a takeover bid for Austria-based Kontron, offering 23.50 euros per share to all its shareholders. Kontron, which the deal values at 1.47...
Ireland’s DCC signals support for sweetened $7.6 billion buyout bid
Ireland’s DCC said on Wednesday it would support a sweetened £5.7 billion ($7.63 billion) takeover bid by a consortium of KKR and Energy Capital Partners if the U.S. private equity firms formalise their offer...
