Private-equity firm Advent International has held talks with potential buyers about selling pharmacy company Genoa Healthcare, according to people familiar with the matter. Genoa, which could be worth about $2.5 billion...
Hollywood Talent Firm UTA Sells Stake to Take On Larger Rivals
United Talent Agency, which represents stars such as Angelina Jolie and Kevin Hart, sold a minority stake to private equity firms Investcorp and PSP Investments, raising money it will use to acquire companies and...
Future of Media Deals Is on the Line in AT&T Case, U.S. Says
U.S. antitrust officials sent a stark warning to the federal appeals court considering AT&T Inc.’s acquisition of Time Warner Inc.: No less than the future of media is at stake. The case will help establish whether...
Japan Tobacco to Acquire Bangladesh Company for $1.5 Billion
Japan Tobacco Inc. agreed to buy a Bangladeshi cigarette maker for 124.3 billion taka ($1.5 billion), taking its acquisition strategy to one of the fastest-growing economies in Asia. The Japanese company is acquiring...
HNA Is Said in Talks to Sell $2.2 Billion Avolon Stake to Orix
HNA Group Co., the Chinese conglomerate unwinding a global acquisition spree, is in advanced talks to sell a minority stake in jet lessor Avolon Holdings Ltd. to Japan’s Orix Corp., people with knowledge of the matter...
Kraft Heinz Is Narrowing Bidders in $1 Billion India Sale
Kraft Heinz Co. has narrowed the list of bidders for a portfolio of Indian businesses it’s selling that includes the children’s milk drink Complan, people with knowledge of the matter said. Tata Group, India’s biggest...
Jin Jiang Weighs Bid for $2 Billion Hotelier Radisson
Chinese hospitality provider Jin Jiang International Holdings Co. is weighing a bid for Radisson Hotel Group, the global chain owned by HNA Group Co., people with knowledge of the matter said. Jin Jiang, which is...
Binance to Buy Crypto-Wallet Company in First-Ever Acquisition
Binance, one of the world’s biggest cryptocurrency exchanges, is embarking on its first acquisition as it seeks to give customers more control over their digital coins. The closely held firm bought Trust Wallet, a...
SoftBank-Owned ARM Is Said to Agree to Buy Treasure Data
ARM Holdings Plc, the British computer-chip designer owned by SoftBank Group Corp., has agreed to buy U.S.-based data analytics firm Treasure Data Inc., people familiar with the matter said. Treasure Data may fetch...
JPMorgan Sees `Massive Amounts’ of Cash Feeding M&A in Nordics
There’s a lot of cash swishing about in the Nordic region and that leaves plenty of potential for more mergers and acquisitions, according to JPMorgan Chase & Co. “There’s massive amounts of dry powder both on the...
Fosun Billionaire Backs China’s Foreign M&A Clampdown
Billionaire Guo Guangchang, whose Fosun International Ltd. is under scrutiny by Chinese authorities over its foreign mergers and acquisitions, said the government’s clampdown on outbound investments is necessary to take...
Europe Turns to Europe for Deals as U.S. and Asia M&A Slips
European companies are turning to their backyards for growth via mergers and acquisitions. The volume of deals in Europe in the first half of the year reached about $250 billion, more than 70 percent higher than...
