Justice Department antitrust enforcers are reviewing whether Google’s planned $32 billion acquisition of cybersecurity company Wiz Inc. would illegally limit competition in the marketplace, according to people with...
Trump approves Nippon Steel’s $14.9 billion purchase of US Steel
U.S President Donald Trump approved Nippon Steel’s $14.9 billion bid for U.S. Steel on Friday, capping a tumultuous 18-month effort by the companies that survived union opposition and two national security reviews...
Bunge’s $34 billion Viterra merger clears final China hurdle
Global agribusiness Bunge Global SA said Friday it has received regulatory approval from China for its merger with Glencore-backed grain handler Viterra, the final hurdle for its $34 billion mega-deal announced two...
France’s BPCE agrees deal to buy Portugal’s Novo Banco for $7.4 billion
France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal’s Novo Banco, including a 75% stake held by U.S. private equity firm Lone Star, BPCE and Lone Star said on Friday. The...
MBK plans to sell its troubled Korean supermarket chain Homeplus
MBK Partners is seeking to sell its embattled South Korean supermarket chain Homeplus by issuing new shares, to avert liquidation of the retailer, the Northeast Asia-focused private equity firm said on Friday. The firm...
Canada’s Dundee Precious to buy UK’s Adriatic Metals in $1.25 billion deal
Canada’s Dundee Precious Metals will acquire UK-based Adriatic Metals in a cash-and-stock deal valued at $1.25 billion, the companies said on Friday, marking the latest in a string of foreign takeovers of UK firms...
Spectris rejects second KKR proposal in favour of Advent’s $5 billion bid
Britain’s Spectris said on Friday it had rejected a second takeover proposal from private equity firm KKR, days after the scientific instruments maker backed a possible competing $5 billion bid from Advent...
Minerva to sell Uruguayan plant for $48 million to ease antitrust worries in broad deal
Brazilian meatpacker Minerva said on Friday it signed a contract to sell the Colonia plant in Uruguay to Allana for $48 million, as part of its efforts to get antitrust approval for the purchase of other two plants in...
Kenvue mulls sale of some skin health and beauty brands, sources say
Kenvue is exploring the sale of some of its skin health and beauty brands, four people familiar with the matter said on Thursday, as the consumer health firm prunes an underperforming business segment to focus on core...
BioNTech takes over CureVac in $1.25 billion all-stock deal among COVID rivals
German biotech firm BioNTech has agreed to acquire domestic peer CureVac for about $1.25 billion worth of BioNTech shares, it said on Thursday, to boost its work on new mRNA-based cancer treatments. Under the deal...
China delays approval of $35 billion merger between Synopsys and Ansys, FT reports
China’s market regulator has postponed its approval of a proposed $35 billion merger between software companies Synopsys and Ansys after Donald Trump tightened chip export controls against China, the Financial...
Hungary’s government to privatise majority of its stake in the defence industry
Hungary’s government plans to sell a large slice of its stake in its defence industry, which includes a holding in Rheinmetall’s local factory, to 4iG Group, the Economy Ministry said late on Wednesday. The...
