Private equity firm Apax Partners withdrew its offer for British automotive service provider Pinewood Technologies on Friday, citing prevailing challenging market conditions. Apax Partners had proposed to buy Pinewood...
ByteDance in talks to sell gaming unit Moonton for more than $6 billion, sources say
ByteDance is in advanced talks to sell Shanghai Moonton Technology, the studio behind the popular mobile game Mobile Legends: Bang Bang, to Saudi Arabia’s Savvy Games Group in a deal valued at between $6 billion...
Universal Music wins conditional EU nod for Downtown acquisition
Universal Music Group secured EU antitrust approval for its acquisition of Downtown Music on Friday after agreeing to sell the latter’s royalty services platform to address competition concerns. The $775 million...
Comcast-owned Sky’s $2.2 billion ITV deal talks have slowed, sources say
Comcast-owned Sky’s talks with ITV about buying its broadcast channels and streaming platform have slowed in recent weeks, three people with knowledge of the matter said, as the battle to buy Warner Bros Discovery...
Schroders agrees $13.5 billion sale to Nuveen as family sells out
Britain’s Schroders is being taken over by U.S. asset manager Nuveen for 9.9 billion pounds ($13.5 billion), in one of Europe’s largest ever fund manager deals that spells the end of independence for the 222...
Platinum Equity to sell waste management firm Urbaser to Blackstone, EQT for $6.6 billion
Privately-held Platinum Equity has agreed to sell Spanish waste management company Urbaser to Blackstone and EQT for $6.6 billion, the company said in a statement on Thursday. Platinum Equity will retain ownership of...
Deutsche Boerse to buy General Atlantic’s stake in ISS STOXX for $1.31 billion
German exchange operator Deutsche Boerse said on Wednesday it will buy General Atlantic’s remaining 20% stake in data, analytics, and index provider ISS STOXX for 1.1 billion euros ($1.31 billion). Deutsche Boerse...
Jacobs’ QXO to buy Kodiak for $2.25 billion, taking aim at Home Depot and Lowe’s, sources say
Building-products distributor QXO, led by billionaire dealmaker Brad Jacobs, has agreed to buy smaller private distributor Kodiak Building Partners for about $2.25 billion, according to two people with direct knowledge...
Zenyum, MakeO Toothsi to merge, creating Asian consumer dental group
Singapore-based consumer dental firm Zenyum and India’s MakeO Toothsi said on Wednesday that they were planning to merge, aiming to create what they called Asia’s leading consumer dental company spanning...
Clear Channel Outdoor to be acquired by Mubadala Capital, TWG in $6.2 bln deal
Clear Channel Outdoor Holdings said on Monday it had agreed to be acquired by Mubadala Capital, in partnership with TWG Global, in a deal valuing the U.S. billboard operator at $6.2 billion. Under the terms of the...
Telefonica sells Chile unit to NJJ, Millicom for $1.2 billion
Spanish telecoms giant Telefonica said on Tuesday it has sold its mobile unit in Chile to French holding company NJJ and Luxembourg-based Millicom, both owned by billionaire Xavier Niel, in line with Telefonica’s...
TotalEnergies takes over 100% of Zeeland refinery from co-owner Lukoil, sources say
French oil major TotalEnergies has taken full ownership of the Zeeland refinery in the Netherlands, re-acquiring the remaining 45% stake owned by Russia’s Lukoil, two sources with knowledge of the matter told...
