Italian fashion house Giorgio Armani is considering selling a 15% stake in three equal parts following the designer’s death, potentially bringing in three buyers he had selected as shareholders, a newspaper...
Reuters.com
OnlyFans sells minority stake to Architect Capital at $3.15 billion valuation, WSJ reports
OnlyFans has agreed to sell a minority stake to investment firm Architect Capital in a deal valuing the adult-content platform at $3.15 billion, the Wall Street Journal reported. San Francisco-based Architect will buy...
Rio Tinto considers raising stake in Argentina’s Los Azules copper project, sources say
Rio Tinto, is evaluating the economic potential of McEwen Copper’s giant Los Azules project in Argentina as the mining group considers increasing its 17.2% stake in the development, two industry sources said. Los...
Rheinmetall submits bid for GNYK shipyard as it deepens naval push
German defence group Rheinmetall has entered the race to buy shipyard German Naval Yards Kiel with a non-binding bid, a move that would deepen its push into naval defence and pits it against rival warship maker...
Italy’s Angelini to buy US Catalyst Pharma in $4.1 billion state-backed deal
Angelini Pharma said on Thursday that it would acquire U.S. rare-disease drug maker Catalyst Pharmaceuticals in a $4.1 billion deal, marking the Italian drugmaker’s entry into the U.S. pharmaceutical market. The...
India likely to divest stake worth $1.06 billion in state-run Coal India, CNBC-TV18 reports
The Indian government is likely to divest a 3%-4% stake worth 100 billion rupees ($1.06 billion) in state-run miner Coal India via the offer-for-sale route, broadcaster CNBC-TV18 reported on Thursday, citing...
Blue Owl’s Stack to consider $30 billion sale of Asia operations, Bloomberg News reports
Stack Infrastructure, a data centre firm owned by Blue Owl Capital, is considering its options, including a sale of its Asia operations in a deal valued at more than $30 billion, Bloomberg News reported on Tuesday...
Brazil pulp giant Suzano set to win full EU nod for $3.4 billion Kimberly-Clark deal, sources say
Brazil’s Suzano, the world’s largest pulp maker, is set to win unconditional EU antitrust approval for its $3.4 billion joint venture with U.S. consumer goods giant Kimberly-Clark, two people with knowledge...
Prysmian explores $4.68 billion M&A as hyperscaler deals near, Bloomberg News reports
Italian cable maker Prysmian is exploring the market for a potential acquisition of about 4 billion euros ($4.68 billion) enterprise value, CEO Massimo Battaini told Bloomberg News in an interview published on Tuesday...
Crypto exchange Bullish to buy Equiniti for $4.2 billion in capital markets push
Bullish said on Tuesday it will buy transfer agent Equiniti in a deal valued at $4.2 billion, as the cryptocurrency exchange looks to establish infrastructure to bridge blockchain technology with traditional capital...
Vodafone buys out UK mobile partner CK Hutchison in $5.8 billion deal
Vodafone has agreed to buy its partner CK Hutchison’s stake in VodafoneThree for 4.3 billion pounds ($5.8 billion), taking full ownership of Britain’s biggest mobile operator a year after it was created...
Australia’s DigiCo to sell US data centre for $750 million; shares soar
Australia’s DigiCo Infrastructure said on Wednesday it would sell its Chicago data centre for $750 million to pay down debt and fund the development of its Sydney site, sending its shares soaring more than 25%...
