German media group Axel Springer said on Friday it had agreed to buy Britain’s Telegraph Media Group for 575 million pounds ($766.3 million) in cash, bringing to an end a prolonged period of uncertainty over the...
Buyout group CVC eyes stake in Belgian bank Belfius ahead of possible IPO, sources say
European private equity group CVC is weighing buying a stake in state-owned Belgian bank Belfius ahead of its possible listing, two people familiar with the matter told Reuters. The government is planning to sell a...
Lanxess shares plunge after Advent calls off Envalior stake deal
Lanxess shares were set for their worst day ever after the German specialty chemicals maker said the sale of its stake in plastics joint venture Envalior had been called off, one of the first deals dropped since the...
Son of EssilorLuxottica founder nears deal to buy siblings’ Delfin stake, FT says
Leonardo Maria del Vecchio is nearing a deal to buy out two of his siblings from the family holding company Delfin, which controls EssilorLuxottica, the heir told the Financial Times in an interview published on...
Toyota’s Denso bids for chipmaker Rohm in potential $8.3 billion deal
Toyota supplier Denso has made a bid for chipmaker Rohm, a potential $8.3 billion deal that will expand the auto parts giant’s hold on power management chips used in electric vehicles and data centres. Denso, a...
Netflix acquires Ben Affleck’s AI film-tech firm
Netflix said on Thursday it has acquired InterPositive, a filmmaking technology company founded by Academy Award winner Ben Affleck that produces artificial intelligence-powered tools for movie production. Financial...
MakeMyTrip acquires majority stake in leading regional tour operator Flamingo Transworld
MakeMyTrip said on Thursday that it has entered into an agreement to acquire a majority stake in regional tour operator Flamingo Transworld. The company said over the last 30 years of its operations, Flamingo has...
1Point1 Solutions completes $33.37 million acquisition of Netcom BCC
Business process management firm 1Point1 Solutions on Thursday said it has completed the acquisition of Costa Rica-based peer Netcom Business Contact Center SA for $33.37 million. The acquisition marks a strategic entry...
Belding India rises after subsidiary acquires 55% stake in Metafin Technology
Belding India added 3.21% to Rs 1749 after the company said that DC&T Global has completed the acquisition of 55% shareholding of Metafin Technology by way of subscription to fresh equity shares in Metafin. DC&T...
GE Shipping rallies after inking deal to acquire Japanese-built dry bulk carrier
Great Eastern Shipping Company jumped 4.47% to Rs 1415.30 after the company contracted to buy a secondhand Kamsarmax dry bulk carrier of about 81,094 deadweight tonnage (dwt) to expand its fleet. The 2014 Japanese built...
USA Rare Earth to acquire remaining stake in Texas Round Top deposit for $73 million
USA Rare Earth said on Thursday it would acquire the remaining minority interest in a Texas rare earth deposit in an all-stock transaction worth $73 million, as part of its efforts to boost domestic production of...
Whitestone REIT attracts takeover interest, faces proxy fights, sources say
Private equity firms including Blackstone and TPG have expressed interest in buying shopping center operator Whitestone REIT, three people familiar with the matter told Reuters. Houston-headquartered Whitestone, which...
