Japan’s biggest city gas provider Tokyo Gas will buy a stake in a shale gas development in Texas from U.S. energy giant Chevron in a deal estimated to be worth tens of billions of yen, the Nikkei reported on...
Australia’s Domain Holdings to recommend CoStar’s $1.8 billion buyout bid
Australia’s Domain Holdings said on Monday it would recommend its shareholders to vote in favour of U.S. property data group CoStar’s takeover approach that values the real estate classifieds firm at A$2.80...
Musk’s social media firm X bought by his AI company, valued at $33 billion
Elon Musk’s xAI has acquired X in a deal that values the social media platform at $33 billion and allows the value of his artificial intelligence firm to be shared with his co-investors in the company formerly...
David Blitzer close to sale of Real Salt Lake, Utah Royals
Billionaire businessman David Blitzer is in advanced talks to sell a large stake in both Real Salt Lake of MLS and the Utah Royals of NWSL after owning both franchises since 2022, Sportico reported. No potential...
Musk’s social media firm X bought by his AI company, valued at $33 billion
Elon Musk’s xAI has acquired X in a deal that values the social media platform at $33 billion and allows the value of his artificial intelligence firm to be shared with his co-investors in the company formerly...
CK Hutchison will not sign deal to sell strategic Panama ports next week, sources say
Hong Kong’s CK Hutchison will not sign a deal next week to sell its two port operations near the Panama Canal to a BlackRock-led group, two people with direct knowledge of the matter said, as pressure mounted from...
Solar company Emeren gets takeover proposal, says CEO to step down
Renewable energy company Emeren said on Friday it has formed a special committee to evaluate a buyout proposal it received earlier this month. The company did not disclose the name of its potential acquirer or the...
CK Hutchison mulls global telecom assets spin-off, eyes London listing, sources say
Hong Kong conglomerate CK Hutchison Holdings Ltd has started preparations to spin off its global telecommunication assets and list the business in London, two people with knowledge of the matter said. The company has...
WH Smith to sell UK high street business for nearly $100 million
WH Smith is to sell its more than 230-year-old British high street business to Hobbycraft-owner Modella Capital for 76 million pounds ($98 million) to focus on global travel retail. The sale means the WH Smith name will...
Poste Italiane in talks to buy part of Vivendi’s TIM stake, sources say
Poste Italiane is in talks with Vivendi to buy part of its stake in Telecom Italia (TIM), in a move which would make the state-backed conglomerate the leading investor in the former phone monopoly, three sources close...
Global Eggs agrees to buy Hillandale Farms for $1.1 billion
Global Eggs, a company controlled by Brazilian entrepreneur Ricardo Faria, has agreed to buy U.S. egg producer Hillandale Farms for $1.1 billion, Faria told Reuters on Thursday. Global Eggs is based in Luxembourg and...
Excelerate Energy to buy New Fortress’ Jamaica assets for $1.06 billion
Liquefied natural gas infrastructure provider Excelerate Energy has agreed to buy the Jamaica business of rival New Fortress Energy for $1.06 billion in cash, according to statements from the companies on Thursday...
