Lionsgate Studios, the entertainment company behind the Hunger Games and John Wick franchises, is exploring a sale and has attracted takeover interest from France’s Bollore Group, as consolidation accelerates across the...
International News
Italy’s Recordati says board finds CVC, GBL offer ‘fair’ as independent directors dissent
Recordati said on Wednesday that a majority of its board has deemed as “fair” an offer by private equity firm CVC Capital Partners and Belgian investment group Groupe Bruxelles Lambert to take the Italian...
Uber nears €12.5bn deal to acquire Delivery Hero, FT reports
Uber is set to take over Delivery Hero in a deal valuing the German food delivery company at about €12.5 billion ($14.34 billion), the Financial Times reported on Wednesday. Delivery Hero confirmed it was in advanced...
German government not stopping UniCredit’s takeover of Commerzbank, Merz says
The German government is not stopping the merger or takeover of Commerzbank by UniCredit, but it does not approve of the way it is being done, Chancellor Friedrich Merz said on Wednesday. “We are not preventing...
Thomson Reuters to sell 51% stake in global print business to KKR for $500 million
Thomson Reuters said it would sell a 51% stake in its Global Print business to KKR for about $500 million and form a venture with the private equity firm that would hold an exclusive license to distribute its content in...
Lionsgate Studios attracts takeover interest from Bollore, Banijay, sources say
Lionsgate Studios, the entertainment company behind the “Hunger Games” and “John Wick” franchises, is exploring a sale and has attracted takeover interest from France’s Bollore Group, as...
Delivery Hero confirms advanced negotiations with Uber over potential takeover offer
Delivery Hero said on Tuesday it was in advanced negotiations with Uber Technologies regarding a potential takeover offer, confirming earlier media reports that the U.S. ride-hailing and food-delivery company is...
Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53...
Ireland’s DCC set to accept $7.6 billion bid from KKR and Energy Capital, Bloomberg News reports
Irish energy distributor DCC is close to accepting a £5.7 billion ($7.64 billion) takeover proposal from a consortium of KKR and Energy Capital Partners despite shareholder pushback, Bloomberg News reported on...
Brazil’s Oncoclinicas files for debt restructuring, boosting shares
Brazilian oncology treatment provider Oncoclinicas has filed for an out-of-court restructuring to renegotiate and reprofile about 5.1 billion reais ($993.8 million) in unsecured financial debt along with other...
ARC shareholders approve $16.4 billion Shell takeover deal
ARC Resources said on Tuesday its shareholders have voted in favor of being acquired by Shell, clearing another step for one of this year’s biggest energy sector deals. Shell agreed earlier this year to acquire...
Vault and Genesis agree to merge and create $8.71 billion Australian gold producer
Genesis Minerals has agreed to acquire smaller peer Vault Minerals in a deal that would create Australia’s third-largest gold producer with a market capitalisation of around A$12.6 billion ($8.71 billion). The...
