UK’s Adriatic Metals said on Tuesday it was in talks with Canadian peer Dundee Precious Metals regarding a possible takeover. Sky News, which first reported about the potential talks earlier in the day, said a...
UK food group Greencore seals $1.6 billion Bakkavor deal
Convenience food manufacturer Greencore said on Thursday it had agreed to the terms of a recommended acquisition of UK fresh food provider Bakkavor Group, in a deal valued at 1.2 billion pounds ($1.59 billion). In...
Rite Aid to sell 1,000 pharmacy assets to CVS, Walgreens and others
Bankrupt U.S. pharmacy chain Rite Aid on Thursday said it agreed to sell pharmacy assets from more than 1,000 store locations in separate transactions to CVS Pharmacy, Walgreens, Albertsons, Kroger and Giant Eagle...
Jordan’s Bank al Etihad to buy smaller Investbank, bank officials say
Jordan’s Bank al Etihad has acquired smaller peer Investbank in a deal that will create one of the kingdom’s biggest lenders, bank officials said on Thursday. The two banks’ boards agreed to a stock...
Thoma Bravo divests all its stake in exchange operator Nasdaq, source says
Private equity firm Thoma Bravo has sold its remaining stake in Nasdaq for approximately $3.4 billion in two separate transactions, a source familiar with the matter told Reuters on Thursday. A block of approximately 25...
Canadian Indigenous group to buy $511-million stake in Enbridge’s Westcoast pipeline
Canadian pipeline operator Enbridge is selling a stake in its Westcoast natural gas system to a consortium of 36 First Nations, the first deal to include financing from a new federal loan program aimed at helping...
KBC to buy Slovakia’s 365.bank in deal valuing it at 761 million euros
Belgian bank KBC Groep said on Thursday it has reached a cash agreement to acquire 98.45% of 365.bank, in a deal valuing the Slovakia-based lender at 761 million euros ($852 million). KBC said the acquisition will help...
Stellantis chairman denies merger talks with Renault
Stellantis Chairman John Elkann on Thursday denied there was any truth to rumours that the company is in merger talks with fellow European automaker Renault. “We are not discussing any merger,” Elkann said...
Canadian oil producer Strathcona initiates $4.25 billion takeover bid for MEG Energy
Canadian oil and gas producer Strathcona said late Thursday it plans to launch a C$5.93 billion ($4.25 billion) takeover bid for peer MEG Energy, aiming to create the country’s fifth-largest oil producer. Strathcona...
Canadian oil and gas producer Strathcona sells Montney assets for $2.84 billion; acquires Hardisty terminal
Strathcona Resources has sold all of its Montney assets for about $2.84 billion and acquired Hardisty Rail Terminal as part of its “core area consolidation” strategy, the Canadian oil and gas producer said...
Databricks continues M&A spree, will buy Neon for $1 billion in AI-agent push
Databricks said on Wednesday it would buy database startup Neon in its latest deal valued at about $1 billion, aiming to strengthen its analytics platform with technology that can help businesses develop and use...
TenneT in talks with funds to sell up to $13 billion stake in German unit, sources say
State-owned Dutch power grid operator TenneT has kicked off talks with investors about the sale of a minority stake in its German division, four people familiar with the matter said, in what could become one of...
