Italy’s Banco BPM on Friday secured more than the two-third majority threshold set for its buyout offer for asset manager Anima Holding required to reap the maximum benefits from the deal. Bourse data and Reuters...
BHP considered spinning off iron ore, coal divisions
The world’s biggest listed miner BHP Group considered spinning off its Australian iron ore and coal divisions as part of a medium-term growth strategy, three sources with knowledge of the matter told Reuters. As...
Brookfield to buy Colonial Pipeline for about $9 billion, including debt
Brookfield Infrastructure Partners is buying Colonial Pipeline, the largest U.S. fuel transportation system, in a deal valued at about $9 billion, including debt, the company said on Thursday. The deal to acquire all...
Hailey Bieber explores sale of her makeup brand Rhode, sources say
Model Hailey Bieber is exploring a sale of her makeup brand Rhode that could be worth more than $1 billion, according to three people familiar with the matter. Bieber has tapped investment bankers at JPMorgan Chase and...
Capital One’s $35 billion deal for Discover clears US DOJ hurdle, NYT reports
Capital One Financial Corp got the greenlight from the Justice Department for its proposed $35 billion acquisition of Discover Financial Services, the New York Times reported on Thursday. The approval came after the DOJ...
Castillo Hermanos strikes $1.5 billion deal to buy U.S. maker of SunnyD, sources say
Guatemalan conglomerate Castillo Hermanos is buying U.S.-based Harvest Hill, maker of beverages such as SunnyD, for around $1.5 billion, including debt, according to people familiar with the matter. The deal is expected...
Billionaire Kretinsky secures regulatory approval for Royal Mail takeover bid
Czech billionaire Daniel Kretinsky’s takeover of Royal Mail-owner International Distribution Services has cleared all regulatory conditions, his company EP Group said on Thursday. The offer may become or be...
Amazon submits last-minute bid to purchase TikTok ahead of US ban deadline
Amazon has bid to purchase TikTok in an eleventh-hour pitch as a US ban on the platform is set to go into effect Saturday. The Amazon offer was made in a letter to Vice President JD Vance and Commerce Secretary Howard...
Clearlake Gambles on Risky Debt in Rush to Buy Dun & Bradstreet
Clearlake Capital Group was in a tight spot. It needed to move fast as it closed in on a deal to buy Dun & Bradstreet Holdings Inc., one of Wall Street’s oldest providers of data and analytics, but lining up a...
ConocoPhillips eyes sale of Oklahoma assets worth over $1 billion, sources say
ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion takeover of Marathon Oil last year, people familiar with the matter said. The energy producer has hired...
UK food group Greencore to buy rival Bakkavor in $1.6 billion deal
Convenience food manufacturer Greencore on Wednesday agreed to buy rival Bakkavor in a deal valued at 1.2 billion pounds ($1.55 billion), to create a convenience foods giant in Britain. Greencore has offered to buy...
Safran to win EU approval for $1.8 billion Collins deal, sources say
French engine and aircraft equipment maker Safran is set to secure conditional EU antitrust approval for its $1.8 billion bid for Collins Aerospace’s flight controls business, people with direct knowledge of the...
