South African retailer Pepkor has acquired several fashion brands from privately-owned Retailability, it said on Tuesday, as part of its push into the adult clothing market. The Cape Town-based Pepkor has been growing...
Ovintiv expands in Montney shale with $2.7 billion deal for NuVista
Ovintiv said on Tuesday it would buy the rest of NuVista Energy in a cash-and-stock deal valued at $2.7 billion, including debt, strengthening the shale producer’s presence in Canada’s Montney basin. Last...
Intel in talks to acquire AI chip startup SambaNova, Bloomberg News reports
Intel is in talks to acquire artificial intelligence processor maker SambaNova, which has been working with bankers to gauge interest from potential suitors, Bloomberg News reported on Thursday, citing people familiar...
Orange to buy remaining 50% of Spanish unit MasOrange for $5 billion
French telecoms group Orange said on Friday it had reached a non-binding agreement to buy the 50% stake it does not already own in its Spanish unit MasOrange for 4.25 billion euros ($4.96 billion) in cash. With the...
US Gulf producer LLOG Exploration explores sale at $3 billion valuation, sources say
LLOG Exploration Offshore is exploring a potential sale, which may value one of the largest privately held oil and gas producers in the U.S. Gulf at more than $3 billion including debt, people familiar with the matter...
Activist fund Ananym steps up calls for LKQ to sell European business
Ananym Capital has intensified its call for auto-parts supplier LKQ to sell its European business, stressing that there are interested buyers and that the proceeds could be used to buy back shares, according to a letter...
Core Scientific terminates $9 billion merger deal with CoreWeave
Crypto miner Core Scientific on Thursday ended its agreement to be sold to Nvidia-backed CoreWeave, after shareholders voted against the proposal. CoreWeave had struck an all-stock deal worth $9 billion to buy Core...
Netflix taps bank to explore bid for Warner Bros Discovery
Netflix is actively exploring a bid for Warner Bros Discovery’s studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with...
Vodafone to buy German cloud specialist Skaylink for $204 million
Britain’s Vodafone on Thursday said it will acquire German cloud and digital transformation firm Skaylink for 175 million euros ($204.09 million) from private equity firm Waterland, in a push to expand its service...
Intel in talks to acquire AI chip startup SambaNova, Bloomberg News reports
Intel is in talks to acquire artificial intelligence processor maker SambaNova, which has been working with bankers to gauge interest from potential suitors, Bloomberg News reported on Thursday, citing people familiar...
US Treasury’s Bessent says China has approved TikTok transfer deal
China has approved the transfer agreement for the short video app TikTok, U.S. Treasury Secretary Scott Bessent said on Thursday, adding that he expects it to move forward in coming weeks and months but giving no other...
AIG, Onex partner to buy specialty insurer Convex in $7 billion deal
Canadian asset manager Onex said on Thursday it has teamed up with U.S.-based insurer AIG to buy privately held specialty insurer Convex Group in a $7 billion deal. Dealmaking has made a sharp comeback as corporate...
