U.S. antitrust enforcers greenlit T-Mobile’s $4.4 billion acquisition of UScellular on Thursday, the latest deal blessed by the Trump administration as it takes a softer approach to corporate consolidation than...
Flutter to buy Boyd Gaming’s 5% FanDuel stake in $1.76 billion deal
Flutter Entertainment will buy Boyd Gaming’s 5% stake in FanDuel in a deal worth about $1.76 billion, giving it complete ownership of the online betting operator, the companies said on Thursday. The deal gives...
Ulta Beauty enters UK with retail chain Space NK’s acquisition
U.S. cosmetics retailer Ulta Beauty on Thursday announced its entry into the British market with its purchase of high street chain Space NK. Founded by beauty industry veteran Nicky Kinnaird, Space NK offers premium...
Portugal relaunches TAP airline privatisation, aims to sell 49.9%
Portugal’s government relaunched the long-delayed privatisation of flag carrier TAP on Thursday, saying it aimed to sell a 49.9% stake within a year’s time, and could then consider offloading more of the...
Ferrero close to acquiring cereal producer WK Kellogg for about $3 bn
Ferrero International SA, a closely held Italian candy maker, is close to acquiring cereal producer WK Kellogg Co. for about $3 billion, according to people with knowledge of the matter. Talks are advanced and a deal...
Australia’s competition watchdog to not fight Lactalis’ bid for Fonterra assets
Australia’s competition watchdog said on Thursday that it would not oppose Lactalis’ proposed acquisition of New Zealand-based Fonterra Co-Operative Group’s consumer, dairy ingredients and food service...
Sunnova to sell part of solar panel business to Omnidian for $7 million
Sunnova Energy said on Wednesday that it has agreed to sell a portion of its residential solar installation business to Omnidian for $7 million in cash, along with the assumption of certain liabilities, as part of a...
US Midwest coffee chain Scooter’s Coffee explores sale, sources say
Drive-through coffee chain Scooter’s Coffee is exploring a sale that could value the privately owned company at close to $1 billion, according to four sources familiar with the matter. Omaha, Nebraska-based...
Merck to acquire Verona Pharma for $10 billion
Merck will buy UK-based Verona Pharma for about $10 billion, the companies said on Wednesday, strengthening the U.S. firm’s presence in respiratory treatments as it readies for the patent expiry of its blockbuster...
Merck nears $10 billion deal for respiratory drugmaker Verona, FT reports
Merck is nearing a roughly $10 billion deal to buy lung disease-focused biotech Verona Pharma, the Financial Times reported on Wednesday. Merck would pay $107 per American depository share for Verona, the report said...
Royal Gold to acquire Canada’s Sandstorm Gold for $3.5 billion
Royal Gold said on Monday it will acquire Canadian peer Sandstorm Gold for about $3.5 billion, helping the royalty firm strengthen its position in North America at a time when bullion has soared to record highs...
CoreWeave to acquire crypto miner Core Scientific
CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, it said on Monday, as AI infrastructure firms race to secure the energy and data centre capacity needed to power surging...
