U.S. private equity firm KKR is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion, the Financial Times reported on Sunday, citing people...
Axel Springer buys UK’s Telegraph for $766 million, ending ownership limbo
German media group Axel Springer said on Friday it had agreed to buy Britain’s Telegraph Media Group for 575 million pounds ($766.3 million) in cash, bringing to an end a prolonged period of uncertainty over the...
Buyout group CVC eyes stake in Belgian bank Belfius ahead of possible IPO, sources say
European private equity group CVC is weighing buying a stake in state-owned Belgian bank Belfius ahead of its possible listing, two people familiar with the matter told Reuters. The government is planning to sell a...
Lanxess shares plunge after Advent calls off Envalior stake deal
Lanxess shares were set for their worst day ever after the German specialty chemicals maker said the sale of its stake in plastics joint venture Envalior had been called off, one of the first deals dropped since the...
Son of EssilorLuxottica founder nears deal to buy siblings’ Delfin stake, FT says
Leonardo Maria del Vecchio is nearing a deal to buy out two of his siblings from the family holding company Delfin, which controls EssilorLuxottica, the heir told the Financial Times in an interview published on...
Toyota’s Denso bids for chipmaker Rohm in potential $8.3 billion deal
Toyota supplier Denso has made a bid for chipmaker Rohm, a potential $8.3 billion deal that will expand the auto parts giant’s hold on power management chips used in electric vehicles and data centres. Denso, a...
USA Rare Earth to acquire remaining stake in Texas Round Top deposit for $73 million
USA Rare Earth said on Thursday it would acquire the remaining minority interest in a Texas rare earth deposit in an all-stock transaction worth $73 million, as part of its efforts to boost domestic production of...
Whitestone REIT attracts takeover interest, faces proxy fights, sources say
Private equity firms including Blackstone and TPG have expressed interest in buying shopping center operator Whitestone REIT, three people familiar with the matter told Reuters. Houston-headquartered Whitestone, which...
Informa weighs selling stake in Monaco-based events assets, sources say
London-listed exhibitions group Informa is exploring selling a stake in its portfolio of Monaco-based luxury events, which include the Monaco Yacht Show and Top Marques Monaco, two people familiar with the matter said...
Advent says rejected Senior bid valued UK engineer at $1.52 billion
U.S. private equity firm Advent International has disclosed its rejected takeover proposal for British aerospace engineering firm Senior Plc valuing the company at approximately 1.14 billion pounds ($1.52 billion), or...
Denso proposes to buy Rohm in deal that could reach $8.3 bln, Nikkei says
Japanese auto parts giant Denso has proposed to acquire all shares in chipmaker Rohm in a deal that could reach as much as around 1.3 trillion yen ($8.26 billion), the Nikkei business daily said on Friday. The deal...
Owner of Four Loko explores sale of storied alcohol brand, sources say
The parent company of Four Loko, the canned alcoholic beverage that became a college campus sensation in the late 2000s before being reformulated under regulatory pressure, is exploring a sale of the brand that could...
