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...
Reuters.com
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...
UK’s Bodycote gets $2 billion Apollo buyout proposal
Bodycote said it had received a conditional all-cash proposal from Apollo, valuing the British thermal processing services group at about £1.52 billion ($2.04 billion) and sending its shares up as much as 19% on...
Canada’s OMERS sells 25% stake in Spanish energy logistics firm Exolum
Canadian pension fund OMERS has agreed to sell its 25% stake in Spanish energy logistics company Exolum to European real assets investment firm Stoneshield Capital and another investor. The following details are from...
Equity Residential, AvalonBay to merge in mega US real estate deal
Equity Residential and AvalonBay Communities have agreed to an all-stock merger to form a housing rental company with an enterprise value of $69 billion, the firms said on Thursday, strengthening their presence in key...
Kontoor to sell Lee denim brand to Authentic Brands in up to $1 billion deal
Kontoor Brands said on Thursday it had agreed to sell its Lee denim brand for up to $1 billion to Authentic Brands Group, as the apparel maker streamlines its operations and focuses on higher-growth brands such as...
Singtel to sell minority stake in Australian unit, shares S$3 billion spending plan
Singapore Telecommunications said on Thursday it was looking to sell a minority stake in its Australian unit Optus, and shared capital spending plans of S$3 billion ($2.35 billion) in 2027. Singtel said it was looking...
Brunt Workwear explores full sale or stake sale at over $1 billion, sources say
Brunt Workwear, a work boot and apparel brand, is exploring options including a full sale or a strategic investment that could value the private company at over $1 billion, according to sources familiar with the...
Australia’s Tuas scraps $1.1 billion deal to buy Keppel’s M1 stake
Australia’s Tuas said on Friday it has ended a deal worth S$1.43 billion ($1.12 billion) to buy Keppel’s stake in mobile operator M1 via its unit Simba Telecom, days after the Singaporean regulator halted...
