Macquarie Group’s asset management arm will acquire an additional 50% stake in London City Airport, raising its total ownership to 75%, the Australian investment firm said on Wednesday, as it deepens its presence...
Boeing gains EU antitrust nod for $4.7 billion Spirit AeroSystems deal
Boeing secured EU antitrust approval on Tuesday for its $4.7 billion acquisition of Spirit AeroSystems after agreeing to sell some Spirit businesses to address competition concerns. The deal announced last year aims to...
Rayonier, PotlatchDeltic to form timber products giant in $8.2 billion merger
U.S. land managers Rayonier and PotlatchDeltic said they would merge on Tuesday in an all-stock deal worth about $8.2 billion, including debt, forming the country’s second-largest publicly traded timber and wood...
Cenovus Energy builds bigger stake in MEG Energy ahead of merger vote
Cenovus Energy said on Tuesday it has purchased about 21.7 million common shares of MEG Energy ahead of a merger vote, bolstering its position as it prepares to acquire one of Canada’s last large pure-play oil...
Brazil’s BTG Pactual proposes merger with Banco Pan
Brazilian investment bank BTG Pactual announced late on Monday a binding proposal to incorporate shares of Banco Pan, offering a significant premium to minority shareholders in a move that would make Pan its indirect...
Zara founder buys UK warehouse leased to Amazon for $108 million: report
Zara founder Amancio Ortega’s investment vehicle Pontegadea Inversiones has agreed to acquire PLP’s Knowsley warehouse in Britain, near Liverpool, for £81 million ($107.50 million), Place North West real...
Goldman Sachs buys venture capital firm Industry Ventures
Goldman Sachs has agreed to buy Industry Ventures, a leading venture capital firm that manages $7 billion of assets, in a bid to expand its services to technology entrepreneurs, it said on Monday. Industry Ventures has...
Brookfield acquires remaining Oaktree stake for $3 billion to boost credit business
Brookfield said on Monday it would buy the remaining 26% stake in U.S.-based asset manager Oaktree Capital Management for about $3 billion, as the investment firm looks to strengthen its credit business. Under the terms...
UK self-storage firm Big Yellow confirms strategic talks amid Blackstone’s possible bid
Blackstone said on Monday it was in the early stages of considering a possible cash offer for self-storage company Big Yellow Group, sending shares of the London-listed firm higher by as much as 22%. Big Yellow...
Blackstone sells $1.3 billion UK logistics assets, considers Big Yellow bid
Blackstone said on Monday it would sell about 1 billion pounds ($1.3 billion) of UK logistics assets to Tritax Big Box in exchange for cash and a 9% stake, and was separately weighing a bid for UK self-storage firm Big...
Starboard Value takes stake in Keurig Dr Pepper amid JDE Peet’s buyout
Activist investor Starboard Value has built a stake in Keurig Dr Pepper after the beverage company made an acquisition to strengthen its coffee business that investors disliked, two people familiar with the matter said...
Caterpillar to acquire Australia’s RPMGlobal for $728 million
Australian mining software firm RPMGlobal said on Monday that it has struck a deal to be acquired by heavy machinery giant Caterpillar for a total equity value of A$1.12 billion ($728.22 million). The news comes after...
