German packaging and medical equipment maker Gerresheimer has ended discussions on a potential sale of the company after months of talks since the start of 2025, it said on Wednesday evening. In February the Duesseldorf...
EDF weighs stake sales in North American, Brazilian renewables units
France’s EDF is weighing options to bring in capital to both its North American and Brazilian renewables businesses, a company spokesperson said on Wednesday, which could include stake sales of as much as 50%. The...
UK’s Coats Group to buy footwear insole maker OrthoLite for $770 million
British thread manufacturer Coats Group said on Wednesday it would buy U.S.-based footwear insole maker OrthoLite for $770 million, including debt. The deal is expected to deliver $20 million in annual savings by 2028...
KKR mulls acquisition of healthcare technology firm GPI, Bloomberg News reports
KKR is considering a potential buyout of Italian health-care technology firm GPI SpA, as the U.S. investment firm scouts for takeover targets amid the recent market volatility, Bloomberg News reported on Wednesday. KKR...
UK’s NCC Group weighs sale of cybersecurity arm
UK-based global cybersecurity specialist NCC Group said on Wednesday it is in the early stages of reviewing strategic options for its cyber business, if the sale of its Escode unit goes ahead. The review is at a very...
Chinese carmaker Geely to take Zeekr unit private at $6.83 billion valuation
Geely Automobile will take its premium electric vehicle unit Zeekr private at a $6.83 billion valuation, as the Chinese automaker streamlines its business and sharpens its competitive edge. Under the agreement, Geely...
Elliott builds stake in Global Payments after Worldpay deal, source says
Activist hedge fund Elliott Investment Management has built a sizable stake in Global Payments, less than three months after the financial technology company inked one of the year’s biggest acquisitions for...
Ireland’s Dalata Hotel Group agrees to 1.4 billion euro Scandinavian takeover
Scandinavian property companies Pandox AB and Eiendomsspar AS have agreed to buy Ireland’s largest hotel group Dalata for 1.4 billion euros ($1.64 billion), the companies said on Tuesday. Dalata, which operates 56...
Sino Biopharmaceutical to acquire LaNova Medicines for up to $951 million
Hong Kong-listed Sino Biopharmaceutical said on Tuesday it will buy the remaining 95.09% stake it does not hold in Shanghai-based LaNova Medicines for no more than $950.92 million. The acquisition of the cancer...
Societe Generale agrees to sell local unit to State of Cameroon
Societe Generale has agreed to sell its Cameroon subsidiary to the State of Cameroon, the France-based international banking group said on Tuesday. The sale of Societe Generale Cameroun, the value of which was not...
SLB’s ChampionX deal clears final hurdle with UK approval
Britain’s antitrust watchdog has cleared oilfield services firm SLB’s $8 billion acquisition of ChampionX after accepting commitments to address competition concerns, with the deal set to close on Wednesday...
Huntington Bancshares to buy Veritex in $1.9B all-stock deal, making bold Texas banking push amid U.S. reg
Huntington Bancshares to acquire Veritex Holdings in $1.9B all-stock deal, expands Texas presence- In a strategic move to expand its footprint in Texas, Huntington Bancshares (NASDAQ: HBAN) has announced its plan to...
