Swiss electronics company Cicor said on Friday its offer to buy parts of France’s Eolane Group has been accepted by the Paris Commercial Court, boosting its presence in France. In a statement, Cicor said the deal...
Monte dei Paschi investors back hostile bid for Mediobanca
Monte dei Paschi di Siena expects to launch its 12.5 billion euro ($14 billion) takeover offer for Mediobanca in the summer, after securing shareholder approval on Thursday for the hostile bid. Normally rare in finance...
Global Payments agrees $24.25 billion Worldpay deal as industry heavyweights shift focus
Global Payments has agreed to buy rival Worldpay from FIS and private equity firm GTCR for $24.25 billion in a three-way deal, sharpening its focus on merchant services in its race for big-business clients in a crowded...
Poland’s InPost acquires UK parcel firm Yodel
Parcel locker company InPost has acquired Yodel, one of Britain’s biggest parcel delivery firms, it said on Thursday, a move that will make the Polish group the third-largest independent logistics player in the UK...
Commodity traders to submit bids for Italy’s IP by May, sources say
Global commodity traders including Glencore and Gunvor are looking at the possibility to buy oil refiner Italiana Petroli (IP) API group, two sources said on Thursday, adding that binding bids for the company are due by...
Abu Dhabi’s Mubadala to buy $600 million stake in UK school operator Nord Anglia
Abu Dhabi sovereign wealth fund Mubadala Investment Company said on Thursday it would acquire a minority stake in UK private school operator Nord Anglia Education for $600 million, joining a global consortium led by...
OpenAI in talks to buy Windsurf for about $3 billion, Bloomberg News reports
OpenAI is in discussions to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Wednesday, citing a person familiar with the matter. The deal would be...
Lyft to enter European market with $200 million FreeNow acquisition
Lyft is buying mobility platform FreeNow from German automotive giants BMW and Mercedes-Benz for 175 million euros ($198.40 million) to expand into the European ride-hailing market, the U.S. company said on Wednesday...
Poland’s InPost acquires UK parcel firm Yodel
Parcel locker company InPost said on Thursday that it had acquired Yodel, one of Britain’s biggest parcel delivery firms, in a move that will make the Polish group the third-largest independent logistics player in...
Insignia extends exclusivity window for Bain and CC Capital bids
Australia’s Insignia Financial said on Thursday that it has extended the exclusivity period by four weeks for both its bidders, Bain Capital and CC Capital Partners, to consider their proposals to acquire the...
Stellantis-backed Comau buys logistic automation firm Automha
Italy-based robotic company Comau signed a binding agreement to acquire full control of Automha, an Italian firm operating in the logistic automation sector, from current owner Trasma, the three companies said on...
Two funds managed by UK’s Foresight Group LLP to buy Harmony Energy in $278 million deal
Two funds managed by British investment manager Foresight Group LLP said on Wednesday they would buy battery storage investment firm Harmony Energy Income Trust in a deal that values the company at about 209.9 million...
