OpenAI would be interested in buying Google’s Chrome if antitrust enforcers are successful in forcing the Alphabet unit to sell the popular web browser as part of a bid to restore competition in search, an OpenAI...
Boeing to sell Jeppesen unit to Thoma Bravo for $10.6 billion
Boeing said on Tuesday it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion. The U.S. planemaker will retain the...
Barrick Gold sells Alaska mine stake to John Paulson, NovaGold for up to $1.1 billion
Canada’s Barrick Gold said on Tuesday it will exit the Donlin Gold Project in Alaska by selling its 50% stake to billionaire John Paulson and NovaGold Resources for up to $1.1 billion. The Donlin Gold project is a...
UK’s DCC to sell its healthcare division for $1.41 billion
British sales and marketing services provider DCC on Tuesday said it will sell its healthcare division to private equity firm Investindustrial Advisors’ investment unit for a total enterprise value of 1.05 billion...
Veraxa Biotech to merge with SPAC Voyager in $1.64 billion deal
Switzerland’s Xlife Sciences AG said on Wednesday its portfolio company, VERAXA Biotech AG, will merge with Voyager Acquisition in a deal that will value the combined company at $1.64 billion. The merger would...
KKR makes $1.2 billion offer for Sweden’s Biotage
Sweden’s Biotage said on Tuesday that KKR had made a cash offer for the Swedish biotechnology firm, valuing it at around 11.6 billion Swedish crowns ($1.22 billion). The offer price of 145 crowns per share...
Asian Energy acquires 100% stake in Kuiper Group for $9.25 million
Asian Energy Services said that it has acquired 100% stake in UAE-based Kuiper Group from Gulf Capital (a marquee private equity fund), for a consideration of $9.25 million in an all-cash deal. The acquisition is...
US investor Cameron offers $5 billion for Kazakh mining giant, ERG says no sale talks
U.S. businessman James Cameron has offered to buy mining giant Eurasian Resources Group for $5 billion, a letter he sent to its board showed, as the company prepares to participate in a major expansion of...
Buyout firm Thoma Bravo nears deal for Boeing’s Jeppesen unit, Bloomberg News reports
Technology-focused buyout firm Thoma Bravo is in advanced talks to acquire Boeing’s Jeppesen navigation unit, with an announcement anticipated later this week, Bloomberg News reported on Monday, citing people...
Nomura to buy Macquarie’s US, European asset management units for $1.8 billion
Nomura is acquiring Macquarie Group’s U.S. and European public asset management businesses for $1.8 billion, marking the Japanese investment bank’s most ambitious expansion abroad since its failed purchase...
Advisory firms Baker Tilly and Moss Adams set to merge in $7 billion deal
Baker Tilly said on Monday that it will merge with Seattle’s Moss Adams in a $7 billion deal that will create the sixth-largest advisory CPA firm in the United States. The merger is expected to be finalized in...
Bertelsmann chief seeks to revive $4.15 billion French TV merger, FT reports
German media group Bertelsmann’s CEO Thomas Rabe wants to revive an aborted merger between French broadcasters M6 and TF1, amid the European Union’s softening regulations, the Financial Times reported on...
