Swiss private equity firm Partners Group has sold Greenlink, a 504 megawatt subsea electricity interconnector linking Great Britain and Ireland, to Baltic Cable and Equitix, it said in a statement on Monday. The...
KKR-Warburg Pincus group submit non-binding bid for Gerresheimer, sources say
A consortium including KKR and Warburg Pincus has submitted a non-binding bid for Gerresheimer AG, which makes pens used to inject weight loss drugs like Wegovy, two people with knowledge of the matter said. The group...
Toyota Tsusho America to acquire Radius Recycling in $1.34 billion deal
Recycled metal products maker Radius Recycling said on Thursday it had entered into a definitive merger agreement with Toyota Tsusho America, a U.S. subsidiary of Japanese trading house Toyota Tsusho Corp (TTC). Toyota...
Fast-fashion retailer Forever 21 files for bankruptcy
Fast-fashion retailer Forever 21’s U.S. operating company on Sunday filed for Chapter 11 bankruptcy for the second time in six years, hamstrung by dwindling mall traffic and mounting competition from online...
Porsche SE says it is not considering sale of Volkswagen shares
Porsche SE, Volkswagen’s biggest shareholder, is not considering selling voting shares in Europe’s largest carmaker, the holding firm said on Sunday following a newspaper report that it was weighing such a...
Toyota Tsusho America to acquire Radius Recycling in $1.34 billion deal
Recycled metal products maker Radius Recycling said on Thursday it had entered into a definitive merger agreement with Toyota Tsusho America, a U.S. subsidiary of Japanese trading house Toyota Tsusho Corp (TTC). Toyota...
Compass is in talks to buy Buffett’s real-estate brokerage unit, WSJ reports
Home brokerage Compass is in advanced talks to acquire Warren Buffett’s real-estate brokerage business, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The acquisition price...
Dutch investment fund Reggeborgh takes a 3% stake in ABN Amro
Dutch investment fund Reggeborgh said on Thursday it had taken a 3.04% stake in Dutch bank ABN Amro, one of the three dominant lenders in the Netherlands, which just published better than expected quarterly results. The...
Drugmakers Mallinckrodt, Endo in talks to merge, source says
Mallinckrodt and Endo are exploring a potential merger that could be valued at about $7 billion, person familiar with the matter told Reuters on Wednesday. A deal could likely be announced as soon as Thursday, the...
Europe’s would-be battery champion Northvolt files for bankruptcy
Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country’s largest corporate failures and effectively ending Europe’s best hope of developing...
Piraeus bank agrees to buy 90% of Ethniki Insurance from CVC
Piraeus Financial Holdings said on Wednesday it has clinched a deal to buy 90% of Greek insurer Ethniki Insurance from CVC Capital Partners for 600 million euros. Piraeus, one of Greece’s four largest banks said...
EU regulators set July 1 deadline for Liberty Media, Dorna deal
EU antitrust regulators have set a July 1 deadline for their decision on Liberty Media’s 3.5-billion-euro ($3.8 billion) bid for Dorna Sports as they resumed their investigation, according to an update on the...