BHP on Monday pulled back from a last-ditch effort to buy Anglo American and bolster its dominance in copper, just two weeks before shareholders at Anglo and Canada’s Teck Resources were set to vote on a $60...
Australia’s Macquarie bids $7.5 billion for logistics group Qube
Shares of Australian industrial logistics group Qube Holdings hit an all-time high on Monday after it said it received an A$11.6 billion ($7.5 billion) buyout bid from Macquarie Asset Management (MAM). Shares in Qube...
Blue Owl considers reviving merger of private credit funds, contingent on fund’s share price, sources say
Blue Owl Capital is considering reviving a plan to merge two of its private credit funds if the share price of the larger fund improves, as the alternative asset manager evaluates its options after facing investor...
Portugal says only Europe’s three largest airlines showed interest in TAP privatisation
Portugal’s state holding company Parpublica said on Saturday it had received only three expressions of interest in a minority stake in flag carrier TAP, all from Europe’s largest airlines and none from...
Daily Mail owner strikes $650 million deal to buy the Telegraph
Daily Mail owner DMGT said on Saturday it had struck a 500 million pound ($650 million) deal to buy rival newspaper The Telegraph in a tie-up that would create one of the most powerful right-leaning media groups in...
Australia’s Webjet Group draws sweetened buyout bid from BGH Capital as bidding war brews
Australia’s Webjet Group became the centre of a potential takeover tussle on Friday after private equity firm BGH Capital lifted its bid to A$0.91 a share, edging past a rival approach from Helloworld Travel...
Atkore’s board to consider options for sale of electric component maker
Electric component maker Atkore said on Thursday its board and management team are considering its options, including a sale or merger of the company, sending its shares down 15%. Bloomberg News had reported, in...
France’s Veolia to buy hazardous waste group Clean Earth for $3 billion
French water management, waste management and energy services group Veolia said on Friday it had agreed to buy U.S.-based hazardous waste company Clean Earth from Enviri for $3 billion. “Following this...
Callaway selling majority stake in Topgolf at $1.1B valuation
Callaway has sold 60 percent of Topgolf to Los Angeles private-equity firm Leonard Green & Partners in a deal that values the business at approximately $1.1 billion. It brings an end to a promising combination of...
Adani gets creditors’ nod to buy bankrupt Jaiprakash Associates
Gautam Adani-led Adani Group has received approval from the Committee of Creditors of Jaiprakash Associates after lenders voted in favour of its resolution offer for the bankrupt infrastructure and industrial group. The...
Kotak, Federal Bank in talks to acquire Deutsche Bank’s India retail & wealth portfolios
Kotak Mahindra Bank and Federal Bank are in the race to purchase the retail and wealth management businesses of Deutsche Bank in India, multiple people familiar with the matter told ET. This is the second attempt in...
Bajaj Auto completes majority acquisition of KTM after regulatory nod
Bajaj Auto Ltd has completed its acquisition of a majority stake in Austrian motorcycle maker KTM AG, after receiving the final approval from European regulators for its €800-million deal. The company confirmed the...
