British private hospital group Spire Healthcare said on Thursday it received a buyout proposal worth 1 billion pounds ($1.35 billion) from its second-largest shareholder, Toscafund Asset Management, sending its shares...
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Chinese EV startup Xpeng in talks with Volkswagen to buy European factory, FT reports
Chinese electric vehicle startup Xpeng is in talks with Volkswagen and other automakers about buying a factory in Europe, the Financial Times reported on Wednesday. The development comes days after Volkswagen CEO...
CSG bids for stake in tank maker KNDS, source says
Czech defence group CSG has offered to buy a stake in Franco-German tank maker KNDS from its German owner families, a source familiar with the situation told Reuters on Wednesday. The families, however, are...
Mercedes to sell seven Berlin dealerships to Canadian buyer
Mercedes-Benz has agreed to sell its seven Berlin dealerships to a Canadian investor, as part of efforts to sell off businesses in its dealership network, the German carmaker said late on Tuesday. Global Auto...
Equinox Gold to acquire Orla Mining, creating $18.5 billion Canada-focused gold producer
Equinox Gold said on Wednesday it would acquire Orla Mining in an all-stock deal to create a North American gold producer worth about $18.5 billion. U.S.-listed shares of Orla Mining rose 3.4% in premarket trading. A...
Eneos to buy Chevron’s stake in Singapore Refining and other assets for $2.2 billion
Eneos Holdings said on Thursday it will buy Chevron’s 50% stake in Singapore Refining Company (SRC) and other assets in Southeast Asia and Australia for $2.2 billion. The deal – which includes...
Jack Daniel’s maker rejects $15 billion buyout offer from rival Sazerac, source says
Brown-Forman has rejected a $32-per-share cash takeover offer from U.S. spirits maker Sazerac, according to a source familiar with the matter, weeks after talks between the Jack Daniel’s maker and France’s...
Sweden’s EQT launches $3.76 billion tender offer to take Japan’s Kakaku.com private
Swedish investment firm EQT said on Tuesday it would launch a tender offer to take Japanese classifieds and marketplace platform Kakaku.com private, valuing the company at 593.51 billion yen ($3.76 billion). The...
FCC approves $40 billion sale of EchoStar spectrum to SpaceX, AT&T
The U.S. Federal Communications Commission said Tuesday it approved EchoStar’s $40 billion sale of wireless spectrum to SpaceX and AT&T because the move would boost connectivity across the country. EchoStar...
Siemens to buy Italy’s Mer Mec in 1 bln euro deal, source says
Siemens has agreed to buy Italian rail technology Company Mer Mec in a deal worth around 1 billion euros ($1.17 billion), a person familiar with the matter told Reuters on Tuesday. Mer Mec, based in Monopoli near...
Lufthansa to exercise option to buy majority stake in ITA in June
Lufthansa Group will exercise an option to lift its stake in Italy’s ITA Airways to 90%, tightening its grip on the Rome-based carrier as industry consolidation accelerates in Europe. The German group’s...
Blackstone, Halliburton to invest $1 billion in energy startup VoltaGrid
Energy startup VoltaGrid said on Monday it has signed agreements for $1 billion in equity investment from funds managed by Blackstone Tactical Opportunities and oilfield services provider Halliburton. VoltaGrid said...
