Brazilian state-run bank BRB has nearly completed its due diligence to acquire local lender Banco Master, with the final deal price expected to be confirmed at around 2 billion reais ($360 million), BRB CEO Paulo...
UK takeover panel gives Qualcomm more time to make bid for Alphawave
British semiconductor company Alphawave IP Group on Tuesday said the UK takeover panel has extended the deadline for a takeover offer by U.S. chipmaker Qualcomm to May 12. Alphawave said it is in discussions with...
French shipping giant CMA CGM offers to buy Air Belgium
French shipping giant CMA CGM announced on Wednesday an offer to buy Air Belgium, which would strengthen CMA CGM’s presence in the aviation sector. CMA CGM, which also owns an 8.8% stake in Air France KLM, said it...
Airbus finalizes long-awaited Spirit Aero deal
Europe’s Airbus has finalized an agreement to take some assets from Spirit AeroSystems, both companies said late on Sunday, completing a critical part of a transatlantic carve-up of the struggling supplier with U...
Banijay in early talks on ITV’s Studios as RedBird deal stalls, sources say
Banijay, the French TV production group behind “Big Brother” and backed by the Arnault family, has held discussions about a possible offer for British broadcaster ITV’s studio business, two people...
Erste in talks with Santander to buy 49% of its Polish unit
Austria’s Erste Group Bank is in discussions with Santander about buying a 49% stake in the Spanish bank’s Polish unit in a deal that could be worth more than $8 billion, the lenders said on Monday...
Woodside in talks to sell Louisiana LNG stake to Kuwait Petroleum unit, Bloomberg News reports
Woodside Energy is in talks with an overseas unit of Kuwait Petroleum to sell a stake in its Louisiana liquefied natural gas plant in the U.S., Bloomberg News reported on Monday, citing people with knowledge of the...
UK’s NCC Group explores strategic options for Escode business, including sale
NCC Group, a UK-based global cybersecurity specialist, said on Monday it is exploring various strategic options for its Escode business, including a possible sale. The group comprises two distinct businesses — cyber...
Sony considering chip unit spinoff, Bloomberg reports
Sony is considering a spinoff and listing of its semiconductor business as soon as this year, Bloomberg News reported, citing anonymous sources. The Japanese conglomerate may retain a minority stake in Sony...
China’s Ant Group forays into brokerage business with $362 mln Bright Smart buy
China’s Ant Group is buying a controlling stake in Hong Kong-based brokerage Bright Smart Securities & Commodities Group for about $362 million, marking the fintech firm’s first acquisition of a...
Australia’s Alkane to merge with Canada’s Mandalay in $358 million acquisition
Australia’s Alkane Resources will acquire Canada’s Mandalay Resources in an all-share deal valued at A$559.1 million ($357.8 million), the companies said on Monday, creating a combined diversified gold and...
France’s Banijay explores takeover bid for UK’s ITV, FT reports
French entertainment company Banijay is in early-stage talks for a takeover offer for British broadcaster ITV that would merge their respective production businesses, the Financial Times reported on Sunday, citing...
