Cinema operator IMAX is exploring a sale and has approached entertainment companies as potential buyers, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The process is at an...
Reuters.com
British theatre group ATG Entertainment readied for sale, sources say
British West End theatre operator ATG Entertainment is in the early stages of being prepared for a possible sale by its private equity owner, four people familiar with the matter said. A decision to go ahead with a...
Germany to match France with 40% KNDS stake in Frankfurt IPO
Germany will acquire a 40% stake in Franco-German defence equipment group KNDS when it lists on the stock market, a German official said on Wednesday, matching the size of France’s stake in the maker of the...
GameStop increases stake in eBay to more than 6%
GameStop increased its stake in eBay to about 6.6% from around 5%, according to a regulatory filing, the latest step in the videogame retailer’s push to buy the e-commerce giant. “Together, the 25,000...
James Murdoch to acquire New York Magazine and Vox Media Podcast Network
James Murdoch agreed to acquire New York Magazine and the Vox Media podcast network in a deal that will significantly expand his portfolio and stands to boost his influence over news and entertainment. The deal, valued...
Italy’s Intesa among bidders for Spanish private bank Singular, sources say
Italy’s Intesa Sanpaolo is among suitors for Singular Bank as U.S. fund Warburg Pincus seeks to sell its 93% stake in the Madrid-based private lender, three people close to the matter said. The Financial Times...
London’s GHO, Singapore’s CBC to merge into $21 billion healthcare investor
London-based Global Healthcare Opportunities (GHO) and Singapore’s CBC Group on Wednesday said they would merge, creating what they called the world’s largest healthcare-focused investment manager with more...
ArcelorMittal raises $667 million from Vallourec stake sale
ArcelorMittal has raised about $667 million (573 million euros) from a secondary share sale of a 10% stake in French steel tubes maker Vallourec, the world’s second-largest steelmaker said on Tuesday. The...
Uber adds to stake in Germany’s Delivery Hero, becomes biggest shareholder
Uber has more than doubled its stake in Germany’s Delivery Hero, becoming the largest shareholder, according to a company announcement and LSEG data on Monday. Delivery Hero said its rival had increased its...
Mistral AI buys Austrian physics AI startup in industrial push
Europe’s leading artificial intelligence firm, France’s Mistral AI, said on Tuesday it has acquired Vienna-based Emmi AI for an undisclosed sum, aiming to enhance its offering for industrial clients across...
Germany kicks off sales process of bailed-out energy firm Uniper
Germany kicked off the sales process for bailed-out energy firm Uniper on Tuesday, paving the way for what could become one of Europe’s biggest deals this year. Berlin had to nationalise Uniper during...
Russia fails to sell stake in gold miner UGC as no one bids at auction
The Russian state failed to auction a stake in gold producer Uzhuralzoloto (UGC) it had seized last year, a state auction website showed on Monday, saying that no one had submitted a bid. A Russian court ruled last...
