Technology-focused buyout firm Thoma Bravo is in advanced talks to acquire Boeing’s Jeppesen navigation unit, with an announcement anticipated later this week, Bloomberg News reported on Monday, citing people...
Nomura to buy Macquarie’s US, European asset management units for $1.8 billion
Nomura is acquiring Macquarie Group’s U.S. and European public asset management businesses for $1.8 billion, marking the Japanese investment bank’s most ambitious expansion abroad since its failed purchase...
Advisory firms Baker Tilly and Moss Adams set to merge in $7 billion deal
Baker Tilly said on Monday that it will merge with Seattle’s Moss Adams in a $7 billion deal that will create the sixth-largest advisory CPA firm in the United States. The merger is expected to be finalized in...
Bertelsmann chief seeks to revive $4.15 billion French TV merger, FT reports
German media group Bertelsmann’s CEO Thomas Rabe wants to revive an aborted merger between French broadcasters M6 and TF1, amid the European Union’s softening regulations, the Financial Times reported on...
Thailand’s Charoen Pokphand Foods to buy Itochu’s stake in C.P. Pokphand for $1.1 billion
Thailand’s food giant Charoen Pokphand Foods will buy a 23.8% stake in C.P. Pokphand from Japanese trading house Itochu Corp for $1.1 billion to become its sole owner, the company said on Monday. Bermuda-based C.P...
Toyota, Daimler near merger of truck units, Nikkei Asia reports
Toyota Motor unit Hino Motors and Mitsubishi Fuso Truck and Bus, a subsidiary of Germany’s Daimler Truck, are moving to finalize a merger agreement, Nikkei Asia reported on Tuesday. The two auto groups aim to...
Helvetia, Baloise to merge into Switzerland’s second-biggest insurance group
Helvetia and Baloise plan to merge into what would be Switzerland’s second-largest insurance group with a combined market share of about 20%, the firms said on Tuesday. The merger is expected to generate run-rate...
Italy clears UniCredit’s bid for Banco BPM with prescriptions
Italy has cleared with conditions UniCredit’s takeover bid for rival Banco BPM, with sources saying a speedier exit from Russia is among demands set by Rome for the bank led by CEO Andrea Orcel. UniCredit’s...
Capital One, Discover deal approved by US bank regulators
U.S. banking regulators said on Friday they approved Capital One’s $35.3 billion purchase of Discover Financial Services, paving the way for the combined firms to become the nation’s eighth-largest bank. The...
Switzerland’s Cicor wins approval to buy parts of France’s Eolane
Swiss electronics company Cicor said on Friday its offer to buy parts of France’s Eolane Group has been accepted by the Paris Commercial Court, boosting its presence in France. In a statement, Cicor said the deal...
Capgemini acquires Delta Capita BV to boost financial crime compliance capabilities
Capgemini has completed the full acquisition of Delta Capita BV and its wholly owned subsidiary, Delta Capita Academy BV, which are both based in the Netherlands and part of the wider Delta Capita Group. The deal...
German Tech Rental Firm Grover Nears Restructuring Deal in Court
Electronics-rental company Grover Group is nearing a restructuring deal that will see some creditors take over the majority of the equity of the German startup. Investors led by Fasanara Capital and M&G are poised...
