Samsung Electronics announced on Tuesday a $1.8 billion deal to acquire Germany’s ZF Friedrichshafen’s autonomous driving technology unit to combine it with its audio business and offer next-generation in...
South Korean court rejects request to block Korea Zinc share sale linked to US smelter
A South Korean court on Wednesday rejected a request by two major shareholders of Korea Zinc – MBK Partners and YoungPoong – to block the zinc refiner’s plan to issue new shares to help fund a $7.4...
Nestle sells remaining 40% Herta stake to Casa Tarradellas, ending joint venture
Nestle said on Tuesday it had completed the sale of its remaining 40% stake in packaged meat business Herta Foods to Spanish company Casa Tarradellas. No other terms were disclosed. Nestle said the joint venture that...
Orsted sells 55% of Taiwan wind farm to Cathay
Danish offshore wind developer Orsted has agreed to sell a 55% stake in its Greater Changhua 2 offshore wind farm in Taiwan to life insurance company Cathay in a deal worth around 5 billion Danish crowns ($788.74...
CACI expands space, defense footprint with $2.6 billion ARKA buy
U.S. defense contractor CACI International will acquire space technology provider ARKA Group from funds managed by Blackstone Tactical Opportunities for $2.6 billion, expanding its footprint in national security and...
Howmet to buy Stanley Black & Decker’s aerospace unit for $1.8 billion
Howmet Aerospace will buy aircraft fastener maker Consolidated Aerospace Manufacturing from Stanley Black & Decker for an all-cash price of about $1.8 billion, the companies said on Monday. The transaction comes a...
Trian, General Catalyst to buy Janus Henderson for $7.4 billion
Nelson Peltz’s Trian and VC firm General Catalyst have agreed to buy asset manager Janus Henderson for $7.4 billion, the companies said on Monday, bringing to close a more than five-year activist campaign by the...
Australian retirement fund to buy $576 million stake in Westfield Sydney mall
The Australian Retirement Trust (ART) will acquire a near 20% stake in Scentre Group’s iconic Westfield Sydney shopping mall for A$864 million ($575.68 million), the shopping centre owner said on Tuesday. The sale...
BioMarin to buy Amicus Therapeutics for $4.8 billion in rare disease bet
BioMarin Pharmaceutical said on Friday it would acquire Amicus Therapeutics for about $4.8 billion, in the drugmaker’s second deal this year to expand its presence in rare diseases. The acquisition gives BioMarin...
Nvidia-Intel deal cleared by US antitrust agencies
U.S. antitrust agencies have cleared Nvidia’s investment in Intel, according to a notice posted by the U.S. Federal Trade Commission. While the notice did not specify the details of the transaction, Nvidia said in...
Elliott takes over $1 billion stake in Lululemon, source says
Activist investor Elliott Management has amassed a stake of more than $1 billion in Lululemon Athletica and is lining up a potential CEO candidate as it pushes to revive the struggling athletic apparel retailer, a...
Ackman-backed Howard Hughes to buy insurer Vantage for $2.1 billion
Bill Ackman-backed Howard Hughes Holdings said on Thursday it will buy specialty insurance firm Vantage Group Holdings for about $2.1 billion, as the real estate firm diversifies beyond property development. Howard...
