Warburg Pincus has agreed to acquire a majority stake in Raptor Technologies from fellow investment firm Thoma Bravo, in a deal that values the school safety software provider at around $1.8 billion, according to people...
NatWest in exclusive talks to sell Cushon to Willis Towers Watson, sources said
NatWest Group is in exclusive talks to sell its 85% stake in workplace pension provider Cushon to U.S. insurance broker Willis Towers Watson just two years after the British bank acquired the business, two people with...
Italy conditionally approves Chinese JD.com’s takeover of Ceconomy
Italy’s government has given its conditional approval to Chinese e-commerce giant JD.com’s takeover of German electronics retailer Ceconomy, a parliamentary document showed on Thursday. Using its so-called...
Forvia to sell part of car interiors business as part of debt-cutting push
Forvia is looking to sell part of its car interiors unit as part of an ongoing push to trim its portfolio and reduce debt, it said on Friday. The car parts supplier has so far completed a quarter of the 1-billion-euro...
Naver’s payment arm to acquire South Korean crypto exchange operator in $10 bln deal
Naver Financial, a unit of South Korean internet giant Naver, has agreed to acquire Dunamu, an operator of the country’s largest cryptocurrency exchange Upbit, in an all-stock deal valued at 15.13 trillion won...
After blocked Mayne deal, Australia M&As set for higher reverse break fees
Foreign bidders for Australian companies could be liable for higher reverse break fees if regulatory approval is not received, in the wake of the failed $434 million takeover of Mayne Pharma, lawyers said. Treasurer Jim...
Proposed Teck-Anglo merger is subject to national security review, Canada says
Canada will submit the proposed merger of Anglo American and Teck Resources to a national security review, Industry Minister Melanie Joly said on Wednesday. Joly also said Ottawa would come to a final decision in the...
Poland’s Orlen offers to buy out Energa minorities to take full control
Polish state-controlled refiner Orlen said on Wednesday it plans to buy out the remaining shares in its utility unit Energa to take full ownership, with a price tag of about 709 million zlotys ($189 million). The move...
Angermayer’s Enhanced to list on Nasdaq in $1.2 billion SPAC deal
Sports technology firm Enhanced said on Wednesday it will go public in the U.S. through a merger with special purpose acquisition company A Paradise Acquisition Corp, in a deal valued at $1.2 billion. Blank-check firms...
Brookfield, GIC offer record $2.6 billion for Australia’s National Storage
Australia’s National Storage REIT said on Wednesday it had received a A$4.02 billion ($2.61 billion) buyout offer from a consortium of Brookfield and Singapore’s GIC in what would be the country’s biggest...
US judge approves bid from Elliott affiliate for Citgo Petroleum parent
A U.S. judge on Tuesday approved a $5.9 billion bid from an affiliate of Elliott Investment Management in the court-organized auction of Citgo Petroleum’s parent, clearing the way to order the sale of Venezuela...
South Korea’s HD Hyundai, Lotte Chemical submit plan to restructure petrochemical businesses
South Korea’s HD Hyundai and Lotte Chemical have submitted a plan to the industry ministry on restructuring their petrochemical businesses, the companies said in separate regulatory filings on Wednesday. Under the...
