CK Hutchison is exploring a restructured sale of dozens of ports to a global consortium by breaking the transaction into smaller parcels with differing ownership structures, Bloomberg News reported on Friday, citing...
Thyssenkrupp considers sale of minority stake in bearings unit, sources say
Thyssenkrupp is considering selling a minority stake in its bearings division Rothe Erde, two people familiar with the matter said on Friday. Bloomberg first reported the news, saying that Thyssenkrupp was looking to...
Prysmian to buy Spain’s ACSM for 169 million euros, boosting submarine cable leadership
Italy’s cable maker Prysmian plans to buy Spain-based ACSM, a submarine cable installation company, in a 169-million-euros ($198 million) deal, it said on Friday. The world’s largest cable maker said the...
Reliance Industries merges 16 step-down subsidiaries into Reliance New Energy
Mukesh Ambani-led Reliance Industries has consolidated 16 step-down wholly owned subsidiaries into its clean-energy arm, Reliance New Energy Limited, as it streamlines its expanding portfolio of hydrogen, energy storage...
General Atlantic enters a definitive pact to acquire stake in Balaji Wafers
Investment firm General Atlantic said on Thursday that it has entered a “definitive agreement” to acquire a stake in Balaji Wafers, an Indian snack maker. The deal value was not disclosed but according to a source...
Telenor sells its stake in Thailand’s True Corporation for $3.9 billion
Telenor said on Thursday it would sell its 30.3% stake in Thailand’s True Corporation for 39 billion Norwegian crowns ($3.92 billion), its second divestment from Asia in recent months, lifting the Norwegian...
Shell considers exit from Argentina’s Vaca Muerta shale play, sources say
Oil major Shell is considering a sale of its assets in Argentina’s Vaca Muerta shale play and has approached potential buyers in recent weeks to gauge their interest, three sources familiar with the matter told...
JPMorgan buys UK pensions technology firm WealthOS, memo shows
U.S. banking giant JPMorgan Chase as closed a deal to buy UK-based pensions technology platform WealthOS, according to an internal memo seen by Reuters on Thursday. The acquisition will deepen the bank’s footprint...
General Fusion to go public in US via $1 billion SPAC deal
Nuclear energy startup General Fusion said on Thursday it will go public in the U.S. in a deal of about $1 billion with blank-check company Spring Valley Acquisition Corp. III, as demand grows for cleaner power. The...
Clorox to buy Purell maker GOJO Industries for $2.25 billion
Clorox said on Thursday it would buy privately held skin health and hygiene solutions firm GOJO Industries for $2.25 billion in cash, as the Pine Sol maker looks to expand its position in health and hygiene segments...
Castlelake enters talks to buy bankrupt Spirit as Frontier bid deemed unviable
Spirit Airlines has drawn fresh interest from a potential buyer, with investment firm Castlelake entering talks to acquire the bankrupt carrier, after an offer in November from rival Frontier Group Holdings was deemed...
Energy park developer Hecate to go public in $1.2 billion SPAC deal
Energy infrastructure developer Hecate Energy will go public in the United States in a $1.2 billion deal with blank-check vehicle EGH Acquisition, the companies said on Thursday, as the revival in SPAC transaction...
