Japan Investment Corp (JIC), a state-backed fund, is considering selling JSR, two people familiar with the matter said, two years after it took the maker of chipmaking materials private in a $6 billion deal. Fujifilm...
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Bollore urges UMG to reject Ackman’s $64 billion bid
Bollore CEO Cyrille Bollore on Wednesday urged Universal Music Group to reject Bill Ackman’s takeover proposal, saying the offer undervalued the label, relied on the company’s own cash and did not fit its...
CoStar nears $800 million deal to buy Zonda in housing data push, sources say
CoStar Group, a commercial real estate data and listings company, is nearing a deal to acquire housing‑market data provider Zonda for nearly $800 million from private equity firm MidOcean Partners, according to two...
Apex Service Partners nears minority stake sale at $10 billion valuation, source says
Home services company Apex Service Partners is nearing a minority stake sale that could value it at around $10 billion, including debt, according to a source familiar with the situation. The company, backed by private...
EDF delays Edison stake sale to 2027 as Hormuz crisis drags on, sources say
French utility EDF has postponed a plan to sell a stake in its Italian subsidiary Edison to next year as the disruption to liquefied natural gas supplies due to the Iran conflict drags on, two sources with direct...
PPHE positive on $1.24 billion takeover bid from Israel’s Fattal Hotel Group
Hospitality real estate firm PPHE Hotel Group said on Wednesday it has received a £920.9 million ($1.24 billion) takeover proposal from Israel’s Fattal Hotel Group, deeming the offer to fairly value the business...
Nuclear power startup Newcleo to go public through SPAC deal
Newcleo said on Wednesday it will go public in the U.S. through a blank-check deal that values the nuclear power startup at about $2.4 billion on a pre-money basis. Here are some details of the deal: Newcleo’s...
Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal
Taiwanese battery maker ProLogium Technology will go public in New York through a merger with blank-check vehicle Translational Development Acquisition Corp in a $3.8 billion deal, the companies announced on Wednesday...
Russia fails again to sell stake in gold miner UGC
Russia has failed for a second time to auction the stake in gold producer Uzhuralzoloto (UGC) that it seized last year, the federal property management agency said on Tuesday, dealing a blow to the government as it...
US antitrust regulators poised to approve Paramount’s takeover of Warner Bros, Semafor reports
U.S. antitrust regulators appear ready to approve Paramount’s $110 billion takeover of Warner Bros. Discovery, after a two-hour meeting at the Justice Department, Semafor reported on Tuesday, citing people...
Occidental takes 10% stake in Exxon deepwater block offshore Trinidad, sources say
Occidental Petroleum is acquiring a 10% stake in Exxon Mobil’s deepwater exploration block offshore Trinidad and Tobago, according to two people familiar with the matter. Exxon was previously the sole owner of the...
Italy’s CDP Equity to raise stake in payments group Nexi to 29.9% in strategic move
Italy’s state investor CDP Equity said on Monday it plans to raise its stake in Europe’s biggest payments group Nexi to as much as 29.9%, shoring it up against takeover interest and volatile shareholder...
