Spanish oil company Repsol and private equity-backed NEO Energy have agreed to merge their UK North Sea oil and gas businesses to create a joint venture with output of around 130,000 barrels of oil equivalent per day...
Morgan Stanley draws on Goldman Sachs to explore sale of PNE stake, sources say
Morgan Stanley is working with Goldman Sachs to explore the sale of its majority stake in German renewable project developer PNE, two people familiar with the matter said, a process that could trigger a bid for the 1.09...
IAG will consider selling 20% stake in Air Europa, CEO says
British Airways-owner IAG will consider selling its 20% stake in Air Europa as the Spanish airline’s owner continues talks with Air France-KLM and Lufthansa to sell a stake in the company, IAG’s CEO told...
Spain’s Criteria says no current talks on stake in Naturgy
Spanish holding company Criteria said on Thursday it was not at present in negotiations with any potential investor regarding its stake in the energy utility Naturgy. The statement comes after Bloomberg News reported on...
Australia’s Woodside Energy to sell some Trinidad and Tobago assets for $206 million
Australia’s Woodside Energy said on Friday it would sell some assets in its offshore oil and gas project in Trinidad and Tobago to London-based Perenco for $206 million. The sale includes the Greater Angostura...
BP weighs stake sales in two Gulf of Mexico projects, sources say
BP is weighing the sale of minority stakes in two Gulf of Mexico projects, with each project estimated to be worth billions of dollars to the company, two sources with knowledge of the matter said on Wednesday. BP is in...
UK food group Greencore increases bid for rival Bakkavor, Bloomberg News reports
British convenience food manufacturer Greencore has increased its bid for rival Bakkavor Group, Bloomberg News reported on Tuesday, citing sources. Bakkavor, which operates in Britain, China and the United States, has...
US real estate firm CoStar sweetens bid for Australia’s Domain to $1.8 billion
U.S. property data group CoStar raised its acquisition bid on Thursday for Domain Holdings, Australia’s second-largest real estate classifieds company, with the revised deal now valued at A$2.80 billion ($1.76...
KKR nears deal to buy Japanese medical gear maker Topcon, sources say
Private equity firm KKR is nearing a deal to acquire Japanese medical gear maker Topcon, according to people familiar with the matter, marking the latest sign of increased leveraged buyout activity in Japan. If the...
AT&T in talks to buy Lumen’s consumer fiber unit, Bloomberg News reports
AT&T is in talks to acquire Lumen Technologies’ consumer fiber operations, in a deal that could value the unit at more than $5.5 billion, Bloomberg News reported on Tuesday, citing people with knowledge of the...
Kroger countersues rival Albertsons after demise of $25 billion merger
U.S. grocery chain Kroger countersued Albertsons on Tuesday, escalating a legal battle between the companies following the collapse of their proposed $25 billion merger in December. Albertsons terminated the merger...
UK’s Warehouse REIT evaluates Blackstone’s $633 million takeover proposal
UK’s Warehouse REIT said on Tuesday it was evaluating asset manager Blackstone Europe LLP’s further sweetened, final all-cash takeover proposal that values the warehousing specialist at about 489 million...
