The pension trust of German automaker Mercedes-Benz has sold its entire stake in Japan’s Nissan Motor for 47.83 billion yen ($324.65 million), a source with direct knowledge of the matter said on Tuesday. Shares...
Berlusconi-backed MFE set to clinch Germany’s ProSieben after PPF sells stake
MediaForEurope (MFE) is set to take control of ProSiebenSat.1 after Czech investment group PPF on Wednesday said it would sell its stake in the German broadcaster to the TV group controlled by Italy’s Berlusconi...
PE firm Thoma Bravo plans to buy Verint Systems in $2 billion deal: Report
US private equity firm Thoma Bravo is planning to acquire call center software maker Verint Systems for about $2 billion, including debt, Bloomberg News reported on Sunday, citing people familiar with the matter. The...
Buffett shoots down talk of Berkshire railroad merger, CSX shares slide
Billionaire investor Warren Buffett on Monday shut down speculation of a blockbuster railroad merger, saying his company Berkshire Hathaway is not looking to buy another train company. Shares of CSX fell 5% on Monday...
EPIC Crude pipeline owners explore $3 billion sale, sources say
The owners of the EPIC Crude pipeline are exploring a sale, with any deal likely to value the energy infrastructure at around $3 billion including debt, people familiar with the matter said. EPIC Crude is one of the...
Thoma Bravo to buy Verint in $2 billion deal as software acquisitions ramp up
Thoma Bravo will acquire Verint Systems in a $2 billion deal, including debt, the customer engagement platform said on Monday, marking the latest software buyout as private equity firms increasingly bet on AI to...
Mercedes-Benz Pension Trust to sell its 3.8% stake in Nissan Motor
The pension trust of Mercedes-Benz will sell off its roughly $346 million shareholding, a 3.8% stake, in Nissan Motor, a spokesperson for the German carmaker said on Monday, adding to pressure on the Japanese...
Mizuho, MUFG join race by Japan’s banks for money manager deals overseas
Japanese banks Mizuho and MUFG are targeting buying or partnering with overseas money managers, they told Reuters, joining other Japanese financial companies aiming for a larger share of the global investing market...
Keurig Dr Pepper nears $18-billion deal for Dutch coffee company JDE Peet’s, WSJ reports
Keurig Dr Pepper is close to a roughly $18-billion deal to buy Dutch coffee company JDE Peet’s, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The merged company plans to later...
Coca-Cola explores sale of Costa Coffee, source says
U.S. soft drinks company Coca-Cola is working with investment bank Lazard to review options, including a potential sale, of British coffee chain Costa, a source familiar with the matter told Reuters on Sunday. Coca-Cola...
US acquires 10% stake in Intel under Trump’s new approach to chip strategy
US President Donald Trump signed a deal with Intel Corporation to acquire a 10 per cent stake, part of an effort to revive the struggling chipmaker and strengthen domestic semiconductor production. The deal, finalised...
Databricks to buy Sequoia-backed Tecton in AI agent push
Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed at offering full-scale AI building tools for enterprise customers, its chief executive told...
