Lukoil said on Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it...
New Zealand’s Fonterra gets farmers’ approval for $2.42 billion consumer business sale
New Zealand dairy producer Fonterra Co-operative Group said on Thursday its farmer shareholders have agreed to the NZ$4.22 billion ($2.42 billion) divestment of its global consumer and associated businesses to French...
Australia’s Pepper Money in talks to buy Westpac’s mortgage broking portfolio
Australian non-bank lender Pepper Money said on Thursday it is part of a consortium that is negotiating with major financial institution Westpac over acquiring the latter’s mortgage broking portfolio. Westpac shut...
Mastercard poised to buy crypto firm Zerohash for nearly $2 billion, Fortune reports
Mastercard is in late-stage talks to acquire crypto startup Zerohash for between $1.5 billion and $2 billion, Fortune reported on Wednesday, citing five sources familiar with the matter. If the deal goes through, it...
Thermo Fisher to buy clinical services provider Clario for up to $9.4 billion
Thermo Fisher said on Wednesday it would buy privately held data management company Clario for up to $9.4 billion, strengthening its clinical trial research business amid a strong rebound in demand in the U.S. The deal...
Italy’s Bending Spoons to acquire AOL, secures $2.8 bln in debt financing
Italian tech company Bending Spoons said on Wednesday it will acquire AOL from Yahoo, which is backed by Apollo Global Management, adding a storied internet brand to its growing portfolio of digital businesses. Bending...
Morgan Stanley to buy private shares platform EquityZen
Investment banking giant Morgan Stanley said on Wednesday it will buy private shares platform EquityZen, as Wall Street races to meet growing investor demand for stakes in fast-growing startups. Major financial...
Boyd Group to acquire Joe Hudson’s Collision Center for $1.3 billion
Canada’s Boyd Group said on Wednesday it has agreed to acquire autobody repair solutions provider Joe Hudson’s Collision Center, or JHCC, from TSG Consumer Partners for $1.3 billion. Boyd, which runs...
AGL signs renewable energy offtake deal for Western Australian unit
Australian energy firm AGL said on Thursday it has signed a power purchase agreement with wind farm operator Tilt Renewables, marking the first long-term wind-energy offtake deal for its Western Australian division...
Jash Engineering’s subsidiary to acquire Penstocks (UK)
Waterfront fluid controls Limited UK, a subsidiary of Jash Engineering has entered into an agreement / LOI to acquire Penstocks (UK), Leicestershire, UK. This is subject to due diligence which is expected to be...
Thermo Fisher nears $10 billion takeover of Clario, FT reports
Medical equipment maker Thermo Fisher is nearing an all-cash takeover of U.S.-based Clario in a deal that could value the clinical trial data management company at about $10 billion, the Financial Times reported on...
Cygnet Energy to acquire Kiwetinohk in $1 billion deal
Privately held Cygnet Energy will acquire Kiwetinohk Energy in an all-cash deal valued at C$1.4 billion ($998.29 million), including debt, the companies said on Tuesday, creating a larger Montney and Duvernay operator...
