New World China Land Ltd. has signed an agreement to sell property projects in the Chinese cities of Guiyang and Chengdu to Evergrande Real Estate Group Ltd. for a total 7.3 billion yuan ($1.1 billion), New World China...
China Vanke Finds Investor Amid ‘Hostile Takeover’
China Vanke Co. said it has found a potential investor and is in talks with others as the managers of China’s biggest listed homebuilder wage a struggle for control against its largest shareholder. The company signed...
Julius Baer Seeks Deal With U.S. Next Week, Sonntagszeitung Says
Julius Baer Group Ltd., Switzerland’s third-largest wealth manager, may have to pay more than it anticipated to settle a case with the U.S. Justice Department over American offshore accounts, the Swiss newspaper...
Dell’s SecureWorks Files For IPO Amid Parent’s Takeover of EMC
SecureWorks Corp., the cybersecurity company owned by Dell Inc., filed for an initial public offering. The company filed with an initial size of $100 million, which is a placeholder amount used to calculate fees that...
Goldman Sachs Is Thinking Small to Target M&A Comeback in Japan
Goldman Sachs Group Inc. cemented its position as the world’s premier mergers adviser this year by working on some of the biggest deals. In Japan, it wants to go small. In addition to advising on larger transactions...
Orkla Puts Acquisitions Ahead of Extra Payouts Amid Growth
Orkla ASA is putting its expansion over extra payouts to shareholders as it sells off assets to focus on branded consumer goods. The Norwegian maker of frozen pizza, confectionery and washing detergent is seeking to...
Bridgepoint Agrees to Buy 3i’s Element Materials Technology
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...
Delta to Buy Up to 40 Jets in Plan Once Tied to Union Vote
Delta Air Lines Inc. plans to add as many as 40 jetliners to refresh its fleet, reviving a plan that was scuttled earlier this year when pilots spurned a new contract agreement. “The opportunity was still on the...
PulteGroup to Buy John Wieland Assets in U.S. Southeast
PulteGroup Inc. agreed to buy assets of John Wieland Homes and Neighborhoods, a builder of move-up and luxury houses in the U.S. Southeast. The deal includes about 7,400 controlled lots and 280 homes in backlog, Atlanta...
Julius Baer Agrees to Buy Commerzbank’s Luxembourg Unit
The number of agricultural deals has accelerated to a record this year as companies including Noble Group Ltd. and Glencore Plc seek to divest stakes in assets and buyers look beyond plunging prices to secure long-term...
At La Chine, a Chinese Real Estate Investment Pays Delicious Dividends
A waiter appears at the table with a saucepan of hot oil that’s made from the crushed seeds of peony blossoms. Once he has your full attention, he pours it over raw fluke, and you’re hit with a scent...
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...
