British consumer healthcare group Haleon on Tuesday said it gained full control of its Chinese joint venture after acquiring Tianjin Pharmaceutical Da Ren Tang’s 12% stake for about 1.62 billion yuan ($221.4...
Warner Bros Discovery decides against sale of Polish broadcaster TVN
Warner Bros Discovery has decided not to sell Polish broadcaster TVN, it said on Monday, drawing a line under speculation surrounding the future of the company, which is considered strategic by the Polish government...
Kodiak Robotics to go public in SPAC deal valuing firm at $2.5 billion
Autonomous truck technology firm Kodiak Robotics said on Monday it plans to go public in the U.S. later this year through a merger with blank-check company Ares Acquisition Corp II, valuing Kodiak at $2.5 billion. The...
Ageas to buy UK insurance platform esure for $1.7 billion
Ageas has agreed to buy British car and home insurer esure from Bain Capital for 1.3 billion pounds ($1.7 billion) in a move that will create the third largest personal lines platform in the UK. The deal, set to be...
Home improvement retailer Lowe’s to buy Artisan Design for $1.33 billion
U.S. home improvement retailer Lowe’s Cos said on Monday it has agreed to buy Artisan Design Group for $1.33 billion from private equity firm Sterling Group. The deal would help expand Lowe’s offering for...
LondonMetric boosts bid for UK’s Urban Logistics REIT to $887.7 million
Britain-based property investment company Urban Logistics REIT said on Monday it had received a higher proposal from British landlord LondonMetric, valuing the company at 674 million pounds ($887.73 million). Under the...
Onsemi shelves $6.9 billion offer to buy Allegro MicroSystems
U.S. chipmaker Onsemi scrapped its $6.9 billion offer for smaller rival Allegro MicroSystems on Monday, ending a months-long pursuit that sought to capitalize on a market downturn to boost its footprint in the...
DSV clears regulatory hurdles for $16.2 billion Schenker deal
Denmark’s DSV said on Tuesday it had fulfilled all closing conditions, including getting the necessary regulatory approvals, for its 14.3 billion euro ($16.2 billion) acquisition of German rival Schenker. DSV...
Olam to focus on food ingredients business, sell the rest
Singapore-based food conglomerate Olam Group said on Monday it would invest $500 million in its food ingredients business and divest all remaining businesses and assets over time. The commodity trader, which counts...
Abu Dhabi’s ADNOC mulls bid for Aethon’s US natgas assets, source says
Abu Dhabi state oil company ADNOC is in the early stages of considering a bid for investment firm Aethon Energy Management’s U.S. natural gas assets, according to a person familiar with the matter. ADNOC has done...
Telefonica sells troubled Peruvian unit for $1 million
Spanish telecom company Telefonica said on Sunday it had agreed to sell its Peruvian unit, which recently filed for bankruptcy protection, to Argentina’s Integra Tec International for about 900,000 euros ($1.02...
KKR nears deal to buy OSTTRA for about $3 billion, Bloomberg News reports
U.S.-based private equity firm KKR is nearing a deal to buy OSTTRA for about $3 billion, Bloomberg News reported on Saturday, citing people familiar with the matter. The deal could be announced as early as next week...
