Commonwealth Bank of Australia’s Group Super corporate fund has entered into a memorandum of understanding (MoU) with the Australian Retirement Trust (ART) to pursue a merger, the lender said on Tuesday. The...
CCI clears acquisition of commercial real estate assets by Nexus Select Trust
The Competition Commission of India on 13 February approved the acquisition of commercial real estate assets by Nexus Select Trust. As per details, the Nexus Select Trust is a Sebi-registered real estate investment...
Russia’s Trust Bank sells property firm Inteko for $600 mln
Russia’s Trust Bank has sold Moscow-based luxury real estate developer Inteko to another property firm for 38 billion roubles ($600 million), the bank said on Wednesday, the largest deal in Russia’s...
Broadcom faces EU antitrust probe into $61 bln VMware deal – sources
U.S. chipmaker Broadcom is set to face a setback in its $61 billion bid for cloud computing company VMware with EU antitrust regulators poised to open a full-scale investigation into the deal, people familiar with the...
Centrum Housing to acquire National Trust Housing biz in a cash deal
Centrum Housing Finance, an affordable housing finance subsidiary of the Centrum Group, is in an advanced stage of discussions to buy out the business of South India-based National Trust Housing Finance (Natrust). The...
Vivendi-Lagardere deal faces full-scale EU antitrust probe -sources
Media group Vivendi’s proposed acquisition of rival Lagardere is likely to face a full-scale EU antitrust investigation, people close to the matter said on Tuesday. The proposed deal would combine France’s...
Microsoft’s $69 bln Activision bid faces EU antitrust probe
Microsoft may have to offer concessions to address EU antitrust concerns about its $69 billion bid for “Call of Duty” maker Activision Blizzard after regulators opened a full-scale investigation on Tuesday...
Meta accepts UK order to sell Giphy after antitrust battle
Britain’s competition regulator ordered Facebook owner Meta to sell animated-images platform Giphy after a tribunal upheld its view that the acquisition could damage its rivals and remove a potential competitor in...
EQT to take payments firm Billtrust private in $1.7 bln deal
Private equity firm EQT on Wednesday agreed to take the owner of business payments firm Billtrust private through a $1.7 billion all-cash deal. Shareholders of BTRS Holdings Inc will receive $9.50 for each share...
Brazil’s antitrust watchdog gives CSN more time to sell stake in Usiminas
Brazilian antitrust watchdog CADE decided on Wednesday to give steelmaker Companhia Siderurgica Nacional additional time to sell the stake it owns in rival Usiminas. CADE councillors voted to allow CSN indefinite...
Celanese offers remedies in bid to allay EU antitrust concerns on DuPont deal
U.S. chemicals company Celanese Corp has offered remedies in a bid to address EU antitrust concerns about its proposed $11 billion acquisition of DuPont’s mobility and materials business, a European Commission...
Microsoft’s acquisition deal for Activision to face in-depth antitrust probe in UK – FT
Microsoft Corp’s deal to buy videogame publisher Activision Blizzard is expected to face an in-depth UK probe after the software maker did not offer any remedies to assuage competition concerns, the Financial...