Canada’s Keyera Corp said on Wednesday it has acquired the remaining 50% stake in the KAPS natural gas liquids pipeline from Stonepeak for C$1.215 billion ($860.97 million), taking full ownership of the...
Reuters.com
Saudis seek EU approval for $55 billion EA deal, decision by July 22
A group of investors, including Saudi Arabia’s Public Investment Fund, has sought EU antitrust approval for its $55 billion acquisition of videogame developer Electronic Arts, according to a European Commission...
Bertelsmann says US authorities have approved BMG/Concord merger
German media group Bertelsmann on Wednesday said U.S. competition authorities have approved the planned merger of its music division BMG with rival Concord in a deal that would create the world’s fourth‑largest...
MSC denies media report it looking to buy stake in Hapag-Lloyd
MSC, the world’s largest container shipping company, denied a report by Manager Magazin published on Wednesday that its founder and executive chairman Gianluigi Aponte, is looking to acquire a stake in...
Chinese regulators clear Paramount Skydance-Warner Bros Discovery merger, source says
Chinese regulators have cleared the $110 billion merger between Paramount Skydance and Warner Bros Discovery, according to a source familiar with the decision. The antitrust ruling comes on the heels of similar...
Australia’s ASX proposes 25% cap on share issuance in public M&A without shareholder vote
The Australian Securities Exchange will introduce major new changes that cap companies from issuing more than 25% of their existing share capital to fund public takeovers without a shareholder vote, bowing to pressure...
Olin to buy Huntsman in a $2.43 billion deal amid challenging chemicals market
Olin said on Tuesday it will acquire Huntsman in an all-stock deal valued at about $2.43 billion, combining two U.S. chemical producers as the industry seeks scale and cost savings amid a challenging environment. Under...
UK’s competition watchdog clears ABF’s Hovis takeover
Britain’s competition watchdog cleared Associated British Foods’ acquisition of rival Hovis on Tuesday, after finding that ABF’s bakery division would likely exit the market entirely if the deal did...
American Express to buy Tripadvisor’s restaurant booking unit in $700 million deal
American Express will buy restaurant booking platform TheFork from Tripadvisor in an all-cash deal worth $700 million, the companies said on Monday, sending shares of the online travel platform up 7% in morning trading...
Canada’s Nuvei to buy Payoneer for $2.75 billion in cross-border payments push
Nuvei will buy cross-border payments firm Payoneer for about $2.75 billion in cash, the companies said on Monday, as the Canadian fintech aims to expand its global business. Nuvei will buy all shares of Payoneer for...
Intesa reassured Rome over Generali in talks on Monte Paschi bid, sources say
Intesa Sanpaolo has committed to consulting with Italy’s government over future decisions affecting insurer Generali, sources said on Monday, as part of assurances the bank offered Rome regarding its plan to...
Qualcomm in talks to buy Tenstorrent, The Information reports
Qualcomm is in talks to acquire AI chip startup Tenstorrent for $8 billion to $10 billion, The Information reported on Monday citing a person with knowledge of the deal. Shares of Qualcomm fell about 1% in extended...
