Hospitality real estate firm PPHE Hotel Group said on Wednesday it has received a £920.9 million ($1.24 billion) takeover proposal from Israel’s Fattal Hotel Group, deeming the offer to fairly value the business...
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Nuclear power startup Newcleo to go public through SPAC deal
Newcleo said on Wednesday it will go public in the U.S. through a blank-check deal that values the nuclear power startup at about $2.4 billion on a pre-money basis. Here are some details of the deal: Newcleo’s...
Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal
Taiwanese battery maker ProLogium Technology will go public in New York through a merger with blank-check vehicle Translational Development Acquisition Corp in a $3.8 billion deal, the companies announced on Wednesday...
Russia fails again to sell stake in gold miner UGC
Russia has failed for a second time to auction the stake in gold producer Uzhuralzoloto (UGC) that it seized last year, the federal property management agency said on Tuesday, dealing a blow to the government as it...
US antitrust regulators poised to approve Paramount’s takeover of Warner Bros, Semafor reports
U.S. antitrust regulators appear ready to approve Paramount’s $110 billion takeover of Warner Bros. Discovery, after a two-hour meeting at the Justice Department, Semafor reported on Tuesday, citing people...
Occidental takes 10% stake in Exxon deepwater block offshore Trinidad, sources say
Occidental Petroleum is acquiring a 10% stake in Exxon Mobil’s deepwater exploration block offshore Trinidad and Tobago, according to two people familiar with the matter. Exxon was previously the sole owner of the...
Italy’s CDP Equity to raise stake in payments group Nexi to 29.9% in strategic move
Italy’s state investor CDP Equity said on Monday it plans to raise its stake in Europe’s biggest payments group Nexi to as much as 29.9%, shoring it up against takeover interest and volatile shareholder...
Jardine Matheson to buy Australia’s I-MED at $2.4 billion enterprise value in healthcare push
Jardine Matheson said on Monday it has agreed to buy Australian medical imaging provider I-MED Radiology Network for a total enterprise value of A$3.4 billion ($2.4 billion), adding a major healthcare diagnostics...
Uber weighs higher bid for Delivery Hero, FT reports
Uber’s board met on Saturday to discuss raising its offer for Delivery Hero after a major shareholder rebuffed Uber’s bid that would value the German food delivery group at over 11.5 billion euros ($13.39...
Russia launches tender to organise sale of 23.76% stake in Aeroflot, RBC reports
Russia launched a tender to select an organiser for the sale of a 23.76% stake in flagship carrier Aeroflot, RBC news outlet reported on Friday, citing the country’s state property agency. The agency...
Shein to buy apparel retailer Everlane
U.S. apparel brand Everlane said on Friday it had reached an agreement to be acquired by online retailer Shein, giving the fast-fashion company ownership of a brand known for sustainability and supply-chain...
Lantheus weighs potential $7 billion sale after Curium’s offer, Bloomberg News reports
Radiopharmaceutical-focused company Lantheus Holdings is weighing a potential sale after getting a takeover offer from private-equity backed Curium Pharma that values it at about $7 billion, Bloomberg News reported on...
