Mastercard is exploring the sale of a majority stake in its UK payments subsidiary Vocalink back to British banks as it responds to concerns about a critical asset being under U.S. ownership, the Financial Times...
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Nippon Paint offers $8.6 billion for AkzoNobel decorative paints unit
Nippon Paint has offered to buy AkzoNobel’s decorative paints business for €7.5 billion ($8.55 billion), the company said on Monday. Nippon Paint had previously sought to buy AkzoNobel’s entire business...
Oregon drops motion to delay Paramount-Warner Bros deal
The Oregon attorney general’s office said on Friday it has withdrawn its court motion to delay Paramount’s proposed $110 billion acquisition of Warner Bros. “Paramount made it clear that they...
Bayer gets €3 billion in Apollo deal for contraceptives unit
Bayer said on Friday it had secured €3 billion ($3.4 billion) in equity from Apollo-managed funds in a deal tied to its long-acting reversible contraceptives, or LARC, business, aiming to bolster its capital...
Warburg Pincus nears $7 billion deal for PANTHERx Rare, WSJ reports
Private equity firm Warburg Pincus is nearing a deal to acquire specialty pharmacy company PANTHERx Rare for more than $7 billion, including debt, the Wall Street Journal reported on Friday, citing people familiar...
Activist investor Elliott builds stake in software firm CCC, Bloomberg News reports
Activist investor Elliott Investment Management has built a large stake in CCC Intelligent Solutions, Bloomberg News reported on Friday, as the software firm explores a sale. Chicago-based CCC has hired Morgan Stanley...
India’s defence electronics maker Apollo Micro to buy 41.3% stake in Premier Explosives
India’s Apollo Micro Systems will acquire a 41.33% stake in defence equipment maker Premier Explosives for 15.5 billion rupees ($162.50 million), the companies said on Thursday. Here are the details: Per...
EQT, Advent, KKR explore takeover of diagnostics firm Qiagen, Bloomberg News reports
Diagnostics company Qiagen is drawing early takeover interest from buyout firms, including EQT AB, Advent and KKR, with potential offers from some suitors reaching at least $50 per Qiagen share, Bloomberg News...
Software firm CCC exploring sale, sources say
CCC Intelligent Solutions, a provider of software and AI-powered workflow tools, is exploring a sale of the company, according to three people familiar with the matter. The Chicago-based company has hired Morgan...
Marex to acquire Singapore clearing business firm
Marex Group will acquire Singapore-based clearing business Bright Point International (BPI), the firm said late on Thursday, as it seeks to expand its footprint across Asia-Pacific and gain access to Chinese markets...
Deutz to acquire FFG for 1.6 billion euros, accelerates defence push
German engine manufacturer Deutz said on Thursday it had agreed to acquire military vehicle maker FFG Flensburger Fahrzeugbau Gesellschaft for 1.6 billion euros ($1.83 billion), deepening its push into the defence...
Norfolk Southern, Union Pacific defend proposed $85 billion merger
Union Pacific and Norfolk Southern told a U.S. government agency Tuesday they are willing to divest ownership stakes in some smaller railroads as part of their proposed $85 billion merger. The deal would create the...
