Rocket Companies said on Monday it would buy home loan service provider Mr Cooper Group for $9.4 billion, boosting its mortgages business in its second big deal this month to take advantage of a rebound in U.S. housing...
Hungary should sell its stake in MBH Bank, economy minister says
The Hungarian state should sell its 20% stake in MBH Bank, the country’s second-largest lender, in a potential upcoming share offering, the economy minister Marton Nagy said on Monday. Bloomberg reported last week...
Sempra to sell Mexico energy assets, stake in infrastructure unit
Utility firm Sempra will sell some energy infrastructure assets in Mexico and a minority stake in Sempra Infrastructure to fund its five-year capex plan of $56 billion, it said on Monday. In February, the company had...
Germany’s DHL to acquire US pharma logistics firm Cryopdp
DHL said on Monday it will acquire U.S. pharmaceutical logistics firm Cryopdp as part of the German company’s efforts to grow its operations in the pharma sector, confirming an earlier report by Reuters. DHL did...
Varo buys Swedish refiner Preem in bet on biofuels
Varo Energy, backed by private equity giant Carlyle Group and the world’s biggest trading house Vitol, said on Monday it had agreed to buy Swedish refiner Preem, betting on growing demand for biofuels. Varo...
GlobalFoundries, Taiwanese chipmaker UMC consider merger, sources say
Taiwan’s major chipmaker United Microelectronics and U.S.-based GlobalFoundries are looking into the possibility of a merger, two sources familiar with the matter told Reuters on Monday. A combined company would...
Becton Dickinson in talks with Thermo Fisher, Danaher to divest life sciences unit, FT reports
U.S. medical device maker Becton Dickinson is in talks with Thermo Fisher and Danaher for a potential sale of its life sciences unit, the Financial Times reported on Tuesday. Becton Dickinson had in February announced...
Japan’s Tokyo Gas to buy stake in Texas Shale from Chevron, Nikkei reports
Japan’s biggest city gas provider Tokyo Gas will buy a stake in a shale gas development in Texas from U.S. energy giant Chevron in a deal estimated to be worth tens of billions of yen, the Nikkei reported on...
KKR in talks to acquire US dental labs chain Leixir
Global investment firm KKR is in discussions with US fund Comvest Investment Partners, to acquire Leixir Dental Laboratory Group, a US-based dental solutions provider, at a valuation of $200-$250 million, said multiple...
Australia’s Domain Holdings to recommend CoStar’s $1.8 billion buyout bid
Australia’s Domain Holdings said on Monday it would recommend its shareholders to vote in favour of U.S. property data group CoStar’s takeover approach that values the real estate classifieds firm at A$2.80...
Musk’s social media firm X bought by his AI company, valued at $33 billion
Elon Musk’s xAI has acquired X in a deal that values the social media platform at $33 billion and allows the value of his artificial intelligence firm to be shared with his co-investors in the company formerly...
David Blitzer close to sale of Real Salt Lake, Utah Royals
Billionaire businessman David Blitzer is in advanced talks to sell a large stake in both Real Salt Lake of MLS and the Utah Royals of NWSL after owning both franchises since 2022, Sportico reported. No potential...
