Gurin Energy said on Wednesday it will acquire EDP Renewables APAC’s wind and solar project portfolio in South Korea to expand its footprint in the country. The acquisition of these projects, with a combined total...
CSL delays spin-off, cuts profit outlook as US vaccination rates slide
Australian biotech CSL has cut its profit outlook and delayed plans to spin off its vaccine division, blaming an unprecedented fall in U.S. flu immunisation rates, which knocked its shares down as much as 16.6% to a...
Sweden’s EQT bids to buy Australia’s AUB Group at a $3.41 billion valuation
Australia’s AUB Group said on Tuesday it had granted Swedish private equity EQT exclusive access to its books after receiving a takeover offer which values the insurance broking company at A$5.25 billion ($3.41...
Germany’s SAP mulls new bid for software firm BlackLine, sources say
SAP, Europe’s largest software provider, offered to buy accounting software firm BlackLine for nearly $4.5 billion in June but was rebuffed and is now considering whether to pursue the company again, according to...
FirstSun to buy First Foundation in $785 million all-stock deal
FirstSun Capital Bancorp will buy First Foundation in an all-stock deal valued at $785 million, the companies said on Monday, as mergers and acquisitions within regional banks accelerate amid credit concerns in the...
Russia’s Lukoil says it plans to sell international assets due to Western sanctions
Russia’s second-largest oil producer, Lukoil, said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States. The planned sale of the assets is the...
Australia’s Domino’s Pizza denies report of Bain Capital takeover bid
Domino’s Pizza Enterprises on Tuesday denied receiving a takeover proposal from Bain Capital after a report said the private equity firm was looking at buying the whole or part of the Australian franchise operator...
Albemarle to divest Ketjen control, Eurecat stake in deals worth $660 million
Albemarle said on Monday it will sell a 51% stake in its refining catalyst solutions business, Ketjen, to private equity firm KPS Capital Partners, and divest its 50% interest in the Eurecat joint venture to...
SoftBank approves remaining $22.5 billion of OpenAI investment, the Information reports
SoftBank has approved a second installment of $22.5 billion to complete its $30 billion investment in OpenAI, tech news website the Information reported on Saturday. The Japanese investment group’s board has...
Brazil’s 2025 M&A deals set to remain below 2021 record, PwC report shows
The volume of merger and acquisition (M&A) deals in Brazil this year is set to remain below the record levels seen during the COVID-19 pandemic, data released by consultancy group PwC showed on Friday. WHY...
EU commissioner laments obstacles to European bank mergers
The EU Commissioner for Financial Services, when asked on Friday about German resistance to UniCredit’s attempts to take over Commerzbank, lamented obstacles to the creation of larger European banks...
Angola bids for majority stake in De Beers, source says
Angola has bid for a majority stake in Anglo American unit De Beers, a source familiar with the matter told Reuters on Friday, setting up a potential standoff with neighbouring Botswana which is also seeking control of...
