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...
Israeli tech M&A at near-decade high, stock market listings fall
Mergers and acquisitions involving Israeli high-tech companies rose 44 percent to $7.2 billion in 2015, the highest level since 2006, but stock market listings were down as fewer companies chose to go public...
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...
apan’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...
China’s Record M&A Boom in Korea Furthers Xi’s New Economy Dream
Companies in China are buying their South Korean counterparts at a record pace, tapping into one of the world’s most innovative countries to accelerate President Xi Jinping’s push for an economy led by technology...