Chemicals group dsm-firmenich announced the long-awaited sale of its animal nutrition and health business on Monday, but the agreed enterprise value of around 2.2 billion euros ($2.6 billion) disappointed some investors...
Williams weighs buying gas-producing assets to enhance AI energy supply to hyperscalers, sources say
Williams Companies is exploring buying natural gas production in the United States, a rare foray for an energy infrastructure operator, as it aims to secure natural gas supplies to support its one-stop-shop offering to...
TPG buys majority stake in $3.5 billion power infrastructure firm Sabre Industries
Private markets firm TPG has agreed to buy a majority stake in Sabre Industries from Blackstone, the companies said on Friday, in a deal two people familiar with the matter said valued the power infrastructure company...
Morrisons explores $1.4 billion property financing deal, Sky News reports
British supermarket group Morrisons is exploring options to raise up to 1 billion pounds ($1.36 billion) secured against part of its large freehold store portfolio, Sky News reported on Friday, citing sources. The...
Japan’s Kirin to sell Four Roses bourbon brand to Gallo for $775 million
Japanese brewer Kirin Holdings said on Friday it will sell its Kentucky bourbon brand Four Roses to E&J Gallo Winery of the U.S. for up to $775 million. Kirin, which bought Four Roses in 2002, said it was looking to...
Blackstone gets India’s central bank nod to buy Federal Bank stake
The Indian central bank has approved private equity firm Blackstone’s acquisition of up to a 9.99% stake in Federal Bank, the private lender said on Thursday. The deal, which would make Blackstone the largest...
Biotech firm PrimeGen to go public in $1.5 billion SPAC deal
Biotech firm PrimeGen US will go public in the United States through a $1.5 billion deal with blank-check company DT Cloud Star Acquisition, the companies said on Wednesday. The transaction is expected to close in the...
Canadian pension funds to exit UK’s Associated British Ports in over $13 billion deal, FT reports
Two Canadian pension funds plan to sell their stakes in Associated British Ports (ABP) in a deal that they hope will value the UK’s biggest ports operator at more than 10 billion pounds ($13.63 billion), the...
Texas Instruments strikes $7.5 billion deal for Silicon Labs to boost wireless footprint
Texas Instruments on Wednesday agreed to buy chip designer Silicon Laboratories for about $7.5 billion, aiming to expand its presence in wireless connectivity chips used in industrial and consumer applications. For TI...
Henkel to buy speciality coatings company Stahl for 2.1 billion euros
Persil-owner Henkel said on Wednesday it had agreed to buy speciality coatings company Stahl for 2.1 billion euros ($2.5 billion) from Stahl Group, which is majority owned by French private equity firm Wendel. The move...
KKR, Singtel pay $5.2 billion for full control of data centre operator STT GDC
A KKR and Singapore Telecommunications consortium will pay S$6.6 billion ($5.2 billion) in cash to take full control of ST Telemedia Global Data Centres (STT GDC), the companies said on Tuesday, in an intensifying race...
Germany buys minority stake in grid operator TenneT for $3.9 billion
Germany has agreed to buy 25.1% of Dutch grid operator TenneT’s German division for 3.3 billion euros ($3.9 billion), it said on Tuesday, in a long-planned move to tighten Berlin’s control over critical...
