AT&T has clinched a deal to acquire Lumen Technologies’ consumer fiber operations for $5.75 billion in cash, the companies said on Wednesday, as the wireless provider adds further scale to its national fiber...
UK’s Johnson Matthey in talks to sell Catalyst Technologies unit
Britain’s Johnson Matthey confirmed on Wednesday that it is in advanced discussions over a potential sale of its Catalyst Technologies division, in a deal that could be worth more than $2 billion. The London-based...
Canal+ set to gain conditional approval for MultiChoice takeover
South Africa’s Competition Commission recommended France’s Canal+ takeover of pay TV broadcaster MultiChoice Group be approved with conditions, clearing a major hurdle on Wednesday. If final approval is...
UK’s Revolution Beauty explores sale after takeover approach
British makeup and skin care retailer Revolution Beauty said on Wednesday it was exploring a sale after it received a preliminary takeover approach. The move comes days after the company said it was reviewing its...
Intel explores sale of networking and edge unit: Sources
Intel has considered divesting its network and edge businesses as the chipmaker looks to shave off parts of the company its new chief executive does not see as crucial, three sources familiar with the matter said. Talks...
Blackstone leads the race to acquire AGS in a $1.3 bn deal
Global private equity firm Blackstone has outbid two others in its bid to acquire medical revenue cycle management (RCM) firm AGS Health, two people with knowledge of the deal said. The acquisition is likely to value...
Kraft Heinz looking at M&A opportunities; Berkshire Hathaway leaves board
Kraft Heinz said it was looking at strategic transactions as demand for its pricey snacks and ready-to-eat meals weakens in an uncertain economic environment. The company also said Timothy Kenesey and Alicia Knapp...
US oil M&A deals slide from 2023 highs as buyers focus on value over volume
Dealmaking in the U.S. oil patch has slowed to a crawl in 2025, with the activity expected to stay muted for the rest of the year, as some prolific buyers focus on squeezing out value from their past acquisitions, while...
US court approves Brazilian airline Gol’s restructuring plan
Brazilian airline Gol said on Tuesday its restructuring plan under Chapter 11 proceedings was approved by a U.S. court, paving the way for it to exit bankruptcy protection on June 6. The carrier, one of Brazil’s...
Thoma Bravo’s Nearmap to buy insurance tech firm itel for over $1.3 billion
Thoma Bravo-backed Nearmap has agreed to buy insurance technology provider itel from private equity firm GTCR, the companies said on Tuesday, as it looks to expand its offerings across property portfolios. The deal...
Levi Strauss to sell Dockers to Authentic Brands for $311 million to focus on core labels
Levi Strauss on Tuesday said it will sell its Dockers apparel brand to Reebok and Van Heusen owner Authentic Brands Group for $311 million to focus on its flagship Levi’s brand and the Beyond Yoga activewear line...
Brazil’s antitrust body to approve Petz, Cobasi merger, local media reports
Brazil’s antitrust body Cade is set to approve this week, without restrictions, the merger of two retailers of products for pets, Cobasi and Petz, local news outlet Brazil Journal reported on Monday, citing...
