Deutsche Telekom is considering a full combination with T-Mobile US that could result in the largest public M&A deal on record, Bloomberg News reported on Tuesday, citing people familiar with the matter. The...
Reuters.com
Belgium’s Kpler launches minority stake sale valuing firm at up to $5 billion, sources say
Commodities data and analytics firm Kpler has launched a sale process for a large minority stake that could value the company at nearly $5 billion, according to two people with knowledge of the matter. Private equity...
AB Foods to spin off Primark in bid to unlock group’s value
Associated British Foods plans to spin off Primark from its food businesses, telling investors on Tuesday that the fashion retailer will be better positioned to grow on its own. AB Foods said financial markets will...
Enagas buys 31.5% stake in French grid operator Terega for 573 million euros
Spanish gas grid operator Enagas said on Tuesday it had reached an agreement with Singapore sovereign wealth fund GIC to buy its 31.5% stake in French gas grid operator Terega for 573 million euros ($674.65 million)...
Trump opposes United–American merger, signals support for Spirit
U.S. President Donald Trump said on Tuesday he opposes a potential merger between United Airlines and American Airlines, signaling resistance to a deal that would reshape the U.S. airline industry. “I don’t...
Power startup Fermi rejects former CEO’s call for sale of company
Fermi on Tuesday rejected former CEO Toby Neugebauer’s call for an immediate sale of the U.S. power startup, saying such a move was “not in the best interest” of the company. Neugebauer, who co...
Horse racing-Churchill Downs to buy Preakness intellectual property for $85 mln
Churchill Downs Incorporated announced on Tuesday that it had entered into a definitive agreement to acquire the intellectual property of the Preakness Stakes and Black-Eyed Susan Stakes from 1/ST Racing for $85...
Jack Daniel’s maker Brown-Forman favors Pernod Ricard bid over Sazerac, source says
The family that controls Jack Daniel’s maker Brown-Forman favors a potential sale to French distiller Pernod Ricard over a rival proposal from American spirits group Sazerac, a person familiar with the matter...
Private equity firms submit offers for Schroders’ Benchmark unit, Sky News reports
A group of private equity firms submitted initial bids for Benchmark Capital, the financial planning business of Schroders, Sky News reported Monday, as the British asset manager moves ahead with a 9.9 billion pound...
Blue Owl agrees to buy healthcare REIT Sila Realty Trust for $2.4 billion
Blue Owl Capital’s real assets division has agreed to acquire Sila Realty Trust, a healthcare-focused real estate investment trust, in an all-cash deal valued at about $2.4 billion, the companies said on Monday...
US private equity firm TA Associates in talks to buy UK’s Advanced Medical Solutions
Advanced Medical Solutions said on Monday that it is in negotiations with U.S. private equity firm TA Associates over a potential takeover of the British medical supplier. TA Associates’ approach is the latest...
William Hill UK owner Evoke weighs $304 million takeover bid from Bally’s Intralot
Betting group Evoke, owner of William Hill UK and 888, is evaluating a takeover proposal from Greek lottery and gaming firm Bally’s Intralot, it said on Monday, valuing the debt-laden UK company at 225.3 million...
