New York City live music venue operator Avant Gardner has filed for bankruptcy protection after difficulties re-opening its flagship outdoor stage, the Brooklyn Mirage, following a major renovation. The Brooklyn Mirage...
Singapore’s CapitaLand Integrated to acquire remaining stake in CapitaSpring
Singapore’s CapitaLand Integrated Commercial Trust said on Tuesday that it would buy the remaining 55% stake in CapitaSpring from CapitaLand Development and Mitsubishi Estate on an agreed property value of S$1.05...
Amphenol to buy CommScope unit in $10.5 billion broadband connectivity deal
Amphenol on Monday entered a $10.5 billion deal to buy CommScope’s connectivity and cable solutions unit, the largest purchase by the fibre-optic cable maker that would make it a key player in the market for U.S...
Eric and Trump Jr-backed manufacturing SPAC files for $300 million US IPO
New America Acquisition I Corp, a blank-check firm backed by Eric Trump and Donald Trump Jr., filed on Monday for an initial public offering of up to $300 million in the United States. The move is the latest in a series...
Owner of Price Chopper and Tops Friendly Markets explores sale, sources say
Northeast Grocery, Inc., the parent company of Price Chopper and Tops Friendly Markets, is exploring a sale, according to three people familiar with the matter. The company is working with investment bank UBS on the...
Genstar explores $5 billion sale of automotive software maker OEConnection, sources say
Genstar Capital is exploring a sale of OEConnection, which it aims to value the automotive software provider also backed by Ford and General Motors at as much as $5 billion, including debt, people familiar with the...
Singapore’s GIC to take 25% stake in Spanish broadband venture, FT reports
Singapore’s sovereign wealth fund GIC will acquire a 25% stake in a fibre optic broadband venture between MasOrange, partly owned by France’s Orange, and Vodafone Spain, which is owned by Britain’s...
Prosus set to win EU nod for $4.74 billion Just Eat deal, sources say
Dutch technology investor Prosus is set to win EU antitrust approval for its 4.1 billion euro ($4.7 billion) bid for Just Eat Takeaway, after agreeing to sell down its stake in Delivery Hero, people with direct...
Goldman Sachs poised to buy into ice cream maker Froneri at $17 billion valuation, FT says
Goldman Sachs is poised to buy into ice cream maker Froneri at a 15-billion-euro ($17.13 billion) valuation including debt, the Financial Times reported on Friday. Reuters could not immediately verify the report. The...
McDermott and Schulte complete latest US law firm merger
U.S. law firms McDermott, Will & Emery and Schulte Roth & Zabel have completed their planned merger, as firms’ appetite for greater legal market share and a strong New York presence continues to drive...
French insurer Axa to buy 51% stake in Italy’s Prima
French life and health insurer AXA has agreed to buy a 51% stake in Italian direct insurance group Prima for 500 million euros ($571 million) as it seeks to strengthen its position in Italy’s motor business, it...
China Mobile buys over 14% stake in HKBN for $138 million
China Mobile, the world’s biggest wireless carrier by users, said on Monday it had bought a 14.4% stake in Hong Kong-based broadband service provider HKBN for HK$1.08 billion ($137.58 million). The deal gives...
