Bridgepoint agreed to buy Element Materials Technology from 3i Group Plc, Britain’s oldest private-equity firm, and plans to grow the business further with acquisitions over the next five years. Element, which...
UBM Agrees to Sell PR Newswire for $841 Million to Cision
UBM Plc, the U.K. event and marketing services provider, agreed to sell its news-release distribution service PR Newswire for $841 million to GTCR’s Cision to focus on its events business. UBM will get $810 million in...
Payments processor Global Payments to buy rival Heartland for $4.3 billion
Global Payments Inc. agreed to buy smaller rival Heartland Payment Systems Inc. for about $4.3 billion as card-processing companies consolidate and adapt to new technology. Heartland shareholders will receive 0.6687...
Intel Buys Ascending Technologies in Further Drone Push
Intel Corp. has signed a definitive agreement to acquire Krailling, Germany-based drone company Ascending Technologies GmbH, as the semiconductor manufacturer tries to spur the development of new products that use its...
Japan’s Recruit to Acquire Dutch Employment Firm USG People
Recruit Holdings Co. agreed to buy USG People NV of the Netherlands for 1.42 billion euros ($1.55 billion) as Japan’s biggest provider of temporary staff seeks to boost growth in Europe. Recruit will pay 17.50 euros...
Nomura to Buy CIBC’s American Century Stake for $1 Billion
Nomura Holdings Inc., Japan’s biggest brokerage, agreed to pay about $1 billion for a 41 percent stake in U.S. money manager American Century Investments. The purchase from Canadian Imperial Bank of Commerce is...
Qatar’s Al-Thani Family Private Bank Plans European Acquisitions
KBL European Private Bankers SA, the Luxembourg-based wealth manager ultimately owned by Qatar’s Al-Thani family, expects to make two acquisitions in Europe in addition to its purchase of UBS AG’s private bank in...
Messaging Startup Slack Creates $80 Million Fund to Invest in Other Startups
Slack Technologies, a Silicon Valley darling that’s raised more than $300 million, wants to give some of that money back. The startup, which runs a popular corporate chat service, is forming an $80 million venture...
Sanofi Seeks $25 Billion Deal in Asset Talks With Boehringer
Sanofi is in exclusive talks to swap assets with Germany’s Boehringer Ingelheim GmbH in a 22.8 billion-euro ($25 billion) transaction that would be the largest for the French drugmaker in more than a decade...
Newell Rubbermaid to Acquire Jarden for $15.4 Billion
Newell Rubbermaid Inc. agreed to buy Jarden Corp. for about $15.4 billion, creating a consumer-products giant with a sprawling portfolio that will use its increased size to cut costs and bolster investment in its most...
Alibaba Agrees to Purchase Hong Kong’s South China Morning Post
Alibaba Group Holding Ltd., the e-commerce giant headed by billionaire Jack Ma, agreed to buy Hong Kong’s South China Morning Post and other affiliated media assets as the Internet tycoon follows in the footsteps of...
Draghi’s Plan to Buy Regional Bonds Seen as Mere Side Dish
The European Central Bank’s decision to buy regional and municipal debt may do little to enhance its quantitative-easing program. The lion’s share of those bonds come from Germany’s 16 Federal states and Spain’s...
