Plumbing supplies distributor Ferguson Enterprises said on Monday it will buy FloWorks from private equity firm Wynnchurch Capital for about $1.6 billion in cash, strengthening its portfolio of industrial flow-control...
International News
Canada’s Greenfire Resources to buy Connacher for about $900 million
Greenfire Resources said on Monday that it has agreed to acquire privately held Connacher Oil and Gas Limited for around C$1.27 billion ($900 million) in cash. On a combined basis, Greenfire’s 2026 production is...
New bids from Fairfax and Emirates revive stalled IDBI Bank sale, say sources
India has received revised bids from Canada’s Fairfax Financial and Dubai’s Emirates NBD for the sale of its majority stake in IDBI Bank, two sources said, reviving a transaction stalled earlier this year...
Mastercard examines sale of UK payments subsidiary Vocalink, FT reports
Mastercard is exploring the sale of a majority stake in its UK payments subsidiary Vocalink back to British banks as it responds to concerns about a critical asset being under U.S. ownership, the Financial Times...
Nippon Paint offers $8.6 billion for AkzoNobel decorative paints unit
Nippon Paint has offered to buy AkzoNobel’s decorative paints business for €7.5 billion ($8.55 billion), the company said on Monday. Nippon Paint had previously sought to buy AkzoNobel’s entire business...
Oregon drops motion to delay Paramount-Warner Bros deal
The Oregon attorney general’s office said on Friday it has withdrawn its court motion to delay Paramount’s proposed $110 billion acquisition of Warner Bros. “Paramount made it clear that they...
Bayer gets €3 billion in Apollo deal for contraceptives unit
Bayer said on Friday it had secured €3 billion ($3.4 billion) in equity from Apollo-managed funds in a deal tied to its long-acting reversible contraceptives, or LARC, business, aiming to bolster its capital...
Warburg Pincus nears $7 billion deal for PANTHERx Rare, WSJ reports
Private equity firm Warburg Pincus is nearing a deal to acquire specialty pharmacy company PANTHERx Rare for more than $7 billion, including debt, the Wall Street Journal reported on Friday, citing people familiar...
Activist investor Elliott builds stake in software firm CCC, Bloomberg News reports
Activist investor Elliott Investment Management has built a large stake in CCC Intelligent Solutions, Bloomberg News reported on Friday, as the software firm explores a sale. Chicago-based CCC has hired Morgan Stanley...
EQT, Advent, KKR explore takeover of diagnostics firm Qiagen, Bloomberg News reports
Diagnostics company Qiagen is drawing early takeover interest from buyout firms, including EQT AB, Advent and KKR, with potential offers from some suitors reaching at least $50 per Qiagen share, Bloomberg News...
Software firm CCC exploring sale, sources say
CCC Intelligent Solutions, a provider of software and AI-powered workflow tools, is exploring a sale of the company, according to three people familiar with the matter. The Chicago-based company has hired Morgan...
Marex to acquire Singapore clearing business firm
Marex Group will acquire Singapore-based clearing business Bright Point International (BPI), the firm said late on Thursday, as it seeks to expand its footprint across Asia-Pacific and gain access to Chinese markets...
