Australia’s AGL Energy has agreed to sell nearly all of its 20% stake in clean energy developer Tilt Renewables for A$750 million ($487 million), booking a big profit on the sale to its two existing government...
Botswana taking steps to acquire majority stake in De Beers, president says
Botswana is working on acquiring a majority stake in De Beers, President Duma Boko said on Monday, after Angola announced a rival bid to control the giant diamond company. Botswana, which owns 15% of De Beers and...
British telecom firm SCG mulls sale at $1 billion valuation, Bloomberg News reports
British telecom and cloud services provider SCG is exploring a sale at a valuation of as much as 800 million pounds ($1.07 billion), Bloomberg News reported on Monday, citing people with knowledge of the matter. The...
Financial services firm JTC agrees to $3 billion buyout proposal from Permira
London-listed financial services firm JTC Plc said on Monday that it has accepted a fourth revised buyout proposal from British private equity firm Permira, valuing the company at 2.3 billion pounds ($3.09 billion).
Pfizer to acquire obesity drug startup Metsera in $10 billion deal
Obesity drug developer Metsera said Friday that it had agreed to a deal to be acquired by Pfizer, which had been locked in a bidding war for the company with Novo Nordisk, the Danish maker of weight-loss treatments...
AGL sells Tilt Renewables stake to QIC, Future Fund for $487 million
Australia’s AGL Energy has agreed to sell nearly all of its 20% stake in clean energy developer Tilt Renewables for A$750 million ($487 million), booking a big profit on the sale to its two existing government...
Permira nears $2.68 billion deal for UK fund administrator JTC, FT reports
Private equity group Permira is nearing a deal to buy London-listed financial services firm JTC for more than 2 billion pounds ($2.68 billion), the Financial Times reported on Sunday. The planned purchase of JTC, which...
Germany set to approve $3.5 billion defence package with Airbus and others, Bloomberg News reports
Germany is set to approve defence equipment purchases worth more than $3.47 billion, including 20 light combat helicopters from Airbus SE, Bloomberg News reported on Saturday, citing a government document. The report...
Dubai hookah maker AIR to go public in US via $1.75 billion SPAC deal
Dubai’s AIR, the owner of hookah brand Al Fakher, said on Friday it had agreed to go public in the U.S. through a merger with blank-check firm Cantor Equity Partners III, in a deal valuing the combined company at...
Indonesia discussing plan for merger of Grab and GoTo, official says
Indonesia is discussing a possible merger or acquisition between ride-hailing and food delivery firm Grab and its rival GoTo, the presidential spokesperson said on Friday. The government considers the ride-hailing...
Aquarian Capital to buy insurer Brighthouse in $4.1 billion deal
Abu Dhabi-backed financial investor Aquarian Capital has agreed to take private U.S. life insurance and annuity provider Brighthouse Financial in a $4.1 billion deal, culminating a long running saga over the fate of the...
Singtel offers to sell stake worth $1.18 billion in India’s Airtel, Bloomberg News reports
A unit of Singapore Telecommunications has offered to sell shares in India’s Bharti Airtel in a deal that could net about 103.5 billion rupees ($1.18 billion), Bloomberg News reported on Thursday, citing the terms...
