Rocket Companies said on Monday it would acquire real estate listing platform Redfin in an all-stock deal valued at $1.75 billion, seeking to boost its lending business. Rocket’s $12.50 per share offer equates to...
TXNM Energy explores sale after takeover interest, Bloomberg News reports
TXNM Energy is exploring a sale after receiving takeover interest from a potential suitor, Bloomberg News reported on Monday, citing people familiar with the matter. The energy holding company is working with an adviser...
Kantar owners eye break-up of group, $6.5 billion Worldpanel sale, reports say
Market research group Kantar’s owners are exploring the sale of its Worldpanel division for 5 billion pounds ($6.5 billion) or more, Sky News reported on Sunday, while in a separate report the Financial Times said...
Star Entertainment gets lifeline offer of up to $592 million amid cash crunch
Star Entertainment said it has received a refinancing proposal with potential to provide debt funding of up A$940 million ($592 million) and an A$250 million bridging facility in a last-ditch effort to shore up the cash...
Safra Sarasin Group agrees to buy majority stake in Saxo Bank
Finland’s Mandatum said on Monday it and Geely had agreed to sell their respective 19.8% and 49.9% stakes in Denmark’s Saxo Bank to Switzerland’s Safra Sarasin Group.
Fraud prevention software firm Riskified explores sale, sources say
Riskified, a provider of software that helps prevent e-commerce fraud, is exploring options including a potential sale after receiving takeover interest, according to people familiar with the matter. New York-based...
Canada’s Parkland launches strategic review to consider sale of company
Canadian fuel refiner and retailer Parkland Corp said on Wednesday it had launched a strategic review that could result in the sale of the company. Calgary-based Parkland said the review was necessary to “maximize...
Seven & i likely to sell non-core business shares to Bain for $4.7 bln, Bloomberg says
Seven & i Holdings is likely to sell most of its non-core business holding company shares to Bain Capital for more than 700 billion yen ($4.69 billion), Bloomberg News reported on Wednesday citing people familiar...
UK competition regulator clears $35 billion Synopsys-Ansys deal
Britain’s competition regulator on Wednesday cleared chip-design-software maker Synopsys’ $35 billion deal to buy Ansys after accepting certain remedies from the companies. The regulator said it would not...
Swedish food retailer ICA Gruppen sells Baltic business in $1.4 billion deal
Swedish grocery retailer ICA Gruppen said on Wednesday it would sell its Baltic subsidiary to Denmark’s biggest supermarket operator Salling Group in a deal worth 1.3 billion euros ($1.38 billion), excluding debt...
Indian IT firm Coforge soars on $1.56 billion deal with Sabre
Shares of India’s Coforge jumped as much as 10% on Wednesday, a day after the IT services provider signed a 13-year partnership with U.S.-based travel bookings provider Sabre Corp. The stock was up 9.1% as of...
ADNOC and OMV to merge petrochemical firms to create $60 billion giant
Abu Dhabi National Oil Company and Austria’s OMV will merge their polyolefin businesses to create a chemicals powerhouse with a $60 billion enterprise value, as the Gulf state oil company advances an aggressive...
