Private equity group Permira is nearing a deal to buy London-listed financial services firm JTC for more than 2 billion pounds ($2.68 billion), the Financial Times reported on Sunday. The planned purchase of JTC, which...
Germany set to approve $3.5 billion defence package with Airbus and others, Bloomberg News reports
Germany is set to approve defence equipment purchases worth more than $3.47 billion, including 20 light combat helicopters from Airbus SE, Bloomberg News reported on Saturday, citing a government document. The report...
Comcast’s Sky in talks to buy ITV’s media unit for $2.15 billion
British broadcaster ITV said on Friday it was in talks with pay-TV company Sky, owned by Comcast, over a potential sale of its media and entertainment (M&E) unit for 1.6 billion pounds ($2.15 billion) including debt...
Metsera accepts Pfizer’s $10 billion bid in ongoing M&A battle
Obesity drug developer Metsera said on Friday that it accepted Pfizer’s $10 billion acquisition offer, in what could be the end of a bidding war between the New York-based pharma giant and rival Novo Nordisk that...
Dubai hookah maker AIR to go public in US via $1.75 billion SPAC deal
Dubai’s AIR, the owner of hookah brand Al Fakher, said on Friday it had agreed to go public in the U.S. through a merger with blank-check firm Cantor Equity Partners III, in a deal valuing the combined company at...
Indonesia discussing plan for merger of Grab and GoTo, official says
Indonesia is discussing a possible merger or acquisition between ride-hailing and food delivery firm Grab and its rival GoTo, the presidential spokesperson said on Friday. The government considers the ride-hailing...
SoftBank is said to have explored potential takeover of Marvell: Bloomberg
SoftBank Group Corp explored a potential takeover of U.S. chipmaker Marvell Technology earlier this year, Bloomberg News reported on Wednesday citing people familiar with the matter. SoftBank made overtures to Marvell...
Aquarian Capital to buy insurer Brighthouse in $4.1 billion deal
Abu Dhabi-backed financial investor Aquarian Capital has agreed to take private U.S. life insurance and annuity provider Brighthouse Financial in a $4.1 billion deal, culminating a long running saga over the fate of the...
Sky-owner Comcast in talks to buy ITV’s broadcasting arm, Bloomberg News reports
Sky News-owner Comcast is in talks to buy British broadcaster ITV’s media and entertainment unit, Bloomberg News reported on Thursday, citing people with knowledge of the matter. A person familiar with the matter...
Gunvor withdraws bid to buy Russian Lukoil assets after US calls it ‘Kremlin’s puppet’
Swiss commodity trader Gunvor said on Thursday it has withdrawn its proposal to buy foreign assets of Russian energy company Lukoil after the U.S. Treasury called it Russia’s “puppet” and signaled...
Lincoln International completes MarshBerry acquisition to expand insurance and wealth management advisory
Lincoln International, a global investment banking advisory firm specializing in private capital markets, has completed its acquisition of MarshBerry. MarshBerry provides investment banking and consulting services to...
Pfizer, Novo Nordisk escalate bidding war for obesity drug developer Metsera
Pfizer and Novo Nordisk’s fight for obesity drug developer Metsera ratcheted up on Tuesday, as both companies submitted sweetened bids, with Metsera saying Novo’s $10 billion offer is superior. The dramatic...
