Dye & Durham will review strategic alternatives to stabilize its finances and may even consider selling itself, it said on Tuesday, reaching a settlement that avoids a proxy fight with its second-largest investor...
Evercore to acquire British boutique investment bank Robey Warshaw for $196 million
Evercore will acquire British boutique investment bank Robey Warshaw for $196 million, the U.S. investment bank said on Wednesday. The payment will be made in two tranches, half in Evercore shares when the deal closes...
Harley-Davidson in talks to sell stake in financing unit: Report
Harley-Davidson is in talks with Pacific Investment Management Co and KKR & Co. to sell a stake in its financing unit and existing motorcycle loan portfolio in a deal worth $5 billion, Bloomberg News reported on...
Baker Hughes nears $13.6 billion deal to buy Chart, edging out Flowserve, FT reports
Oil and gas equipment supplier Baker Hughes is nearing a $13.6 billion cash deal to buy Chart Industries, edging out rival suitor Flowserve, with a buyout likely to be announced in the coming days, the Financial Times...
Buffett’s Berkshire sells one-third of VeriSign stake for $1.23 billion
Berkshire Hathaway sold about one-third of its stake in VeriSign, an internet infrastructure and domain name registry company that Warren Buffett’s conglomerate has invested in since 2012, VeriSign said on Monday...
Buyout groups explore sale of British wealth manager Evelyn, sources say
Private equity firms Permira and Warburg Pincus are exploring the possible sale of Evelyn Partners, one of the UK’s largest wealth managers, three sources with knowledge of the matter said. The owners are working with...
Nordic Capital, Permira make $3 billion offer for vaccine maker Bavarian Nordic
A consortium led by Nordic Capital and Permira has made an offer of around $3 billion to buy all the shares of Bavarian Nordic, the vaccine maker said on Monday. Innosera, a newly formed company controlled by the...
EQT to acquire software provider Neogov for more than $3 billion, sources say
Investment firm EQT has agreed to acquire Neogov from its private equity owners, valuing the human resources software provider at more than $3 billion including debt, three people familiar with the matter said on Monday...
CK Hutchison wants Chinese firm to join bidding for its $22.8 billion ports business
CK Hutchison said on Monday it wants a major Chinese strategic investor to join the BlackRock-led consortium bidding for its $22.8 billion ports business, after media reported that state-owned China COSCO Shipping Corp...
Union Pacific nearing agreement to buy Norfolk Southern Bloomberg reports
Union Pacific, the largest U.S. railroad operator, could reach an agreement to acquire rival Norfolk Southern as soon as early next week, Bloomberg News reported on Friday, citing people familiar with the matter. Union...
Thailand’s PTTEP buys full control in offshore gas block from Chevron for $450 million
Thai oil and gas giant PTT Exploration and Production (PTTEP) has acquired full ownership of Block A-18 in Malaysia–Thailand Joint Development Area (MTJDA) in a $450 million transaction with Chevron units. PTTEP said in...
McDonald’s to sell 8 Hong Kong retail spaces valued at $153 million, JLL says
McDonald’s Corp is planning to sell eight prime retail properties in Hong Kong with a total market value of around HK$1.2 billion ($152.89 million), JLL, which has been appointed as the sole agent of the sale...
