Standard Life has agreed to buy Dutch rival Aegon’s UK business for 2 billion pounds ($2.7 billion), the companies said on Wednesday, expanding the British pension savings group’s reach to 16 million...
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Sazerac bids $15 billion for Jack Daniel’s maker Brown-Forman, source says
U.S. spirits group Sazerac has offered to buy Brown-Forman for about $15 billion, a source familiar with the matter said on Wednesday, complicating Pernod Ricard’s attempt to merge with the Jack Daniel’s...
Quadra Capital nears deal to buy $3 billion of assets from Banco de Brasília, sources say
Brazilian independent asset manager Quadra Capital is nearing the acquisition of 15 billion reais ($2.99 billion) of assets from state-owned Banco de Brasília (BRB) that were previously held by liquidated lender Banco...
Brazil’s CSN to kick off binding phase of cement unit sale in a month, CFO says
Brazilian steelmaker CSN is set to start receiving binding offers for its cement unit in just a few weeks, the company’s chief financial officer told Reuters on Tuesday. “The binding phase should begin in...
Ireland to sell final crisis-era bank shares as BAWAG agrees $1.9 billion PTSB deal
BAWAG Group will buy Irish retail lender Permanent TSB for 1.62 billion euros ($1.92 billion) in a deal that will widen the Austrian bank’s European footprint and allow the Irish government to exit its last bank...
Yancoal Australia to buy 80% stake in Kestrel coal mine for up to $2.4 billion
Yancoal Australia said on Tuesday it has agreed to acquire an 80% stake in the Kestrel coking coal mine in Queensland for up to $2.4 billion, a move that strengthens its position as one of the country’s largest...
CATL explores potential $5 billion Hong Kong share sale after stock rally, sources say
China’s Contemporary Amperex Technology is considering a potential Hong Kong share sale that could raise around $5 billion, two sources with knowledge of the matter said, as the world’s biggest electric...
Deutsche Boerse buys $200 mln stake in crypto giant Kraken
German exchange operator Deutsche Boerse said on Tuesday that it had acquired a 200 million dollar stake in US-based cryptocurrency exchange Kraken. The investment is being made through the acquisition of existing...
Evergrande liquidators enter exclusive talks to sell majority stake in property services arm
Chinese property developer Evergrande Group’s liquidators have entered an exclusivity agreement with a selected bidder to sell its majority stake in its property management unit, an exchange filing showed on...
Aegon to sell UK business for 2 billion pounds to Standard Life
Aegon said on Wednesday it had reached an agreement with Standard Life to divest its UK business for a total consideration of 2 billion pounds ($2.7 billion). The deal would consist of a cash amount of 750...
Petrobras in initial talks to buy back Brazil refinery from Mubadala, sources say
Brazilian state-run oil firm Petrobras is in initial direct negotiations with Abu Dhabi’s Mubadala sovereign wealth fund to repurchase the Mataripe refinery in Brazil, two sources with knowledge of the matter...
Manulife Investment Management eyes Cellnex Swiss business, sources say
Spain’s Cellnex is in talks to sell its stake in its Swiss unit to Toronto-listed Manulife Financial Corporation’s investment management unit, according to two sources with knowledge of the situation...
