Australia’s BlueScope Steel said on Monday it received an A$13.15 billion ($8.78 billion) takeover proposal from an investor group comprising billionaire Kerry Stokes-owned SGH and U.S.-based Steel Dynamics. The...
Jacobs to acquire remaining stake in PA Consulting for $1.6 billion
Engineering services provider Jacobs Solutions said on Monday it will acquire the remaining stake it does not already own in UK-based firm PA Consulting for 1.216 billion pounds ($1.64 billion). Amid robust investments...
UK’s Auction Technology rejects buyout bids from top investor FitzWalter
Auction Technology has rejected a series of buyout proposals from top shareholder FitzWalter Capital, saying they significantly undervalue the British online auction operator and its prospects. London-based investment...
Vistra to buy Cogentrix Energy in $4.7 billion deal amid surging power demand
Utility Vistra said on Monday it has agreed to buy Cogentrix Energy, comprising 10 natural gas-fired power plants, from Quantum Capital Group for about $4.7 billion, as it looks to meet growing power demand. Shares of...
UK’s Oakley Capital to acquire GLAS in $1.35 billion deal, Sky News reports
British private equity firm Oakley Capital has agreed to buy a majority stake in debt administration services firm Global Loan Agency Service (GLAS) in a 1 billion pound ($1.35 billion) deal, Sky News reported on Sunday...
L3Harris nears space propulsion asset stake sale to AE Industrial, sources say
L3Harris Technologies is nearing a deal to sell a 60% stake in a portfolio of space and propulsion businesses to private equity firm AE Industrial Partners as the large defense company sheds some NASA business lines to...
Canada’s Robex greenlights $1.45 billion merger with Australia’s Predictive Discovery
Australia’s Predictive Discovery said on Wednesday, shareholders of Canada’s Robex Resources approved a A$2.17 billion ($1.45 billion) merger, paving the way to create a mid-tier gold producer in West Africa...
Bain Capital buying South Korean activewear firm Echo Marketing in $344 million deal
Bain Capital is buying a 43.66% stake in South Korea’s Echo Marketing, which owns local activewear brand Andar, from its founder and another shareholder for 216.6 billion won ($150.14 million), Echo said in a...
Saks Global prepares for bankruptcy after missing debt payment, WSJ reports
Saks Global is preparing to file for bankruptcy in the coming weeks after missing a debt payment tied to its Neiman Marcus acquisition, the Wall Street Journal said on Wednesday, citing people familiar with the matter...
Robex shareholders approve $1.45 billion merger with Australia’s Predictive Discovery
Shareholders of Canada’s Robex Resources approved a A$2.17 billion ($1.45 billion) merger with Australian minerals explorer Predictive Discovery, Predictive said on Wednesday. About 94.54% of votes cast backed the...
SoftBank nears deal for data center investment firm DigitalBridge: Bloomberg News
SoftBank is in advanced talks to acquire DigitalBridge, Bloomberg News reported on Monday, citing people familiar with the matter. SoftBank could announce an agreement as soon as Monday, the report said. Reuters...
Meta to buy Chinese startup Manus to boost advanced AI
Meta said on Monday it would acquire Chinese-founded artificial intelligence startup Manus, as the technology giant accelerates efforts to integrate advanced AI across its platforms. Financial terms of its transaction...
