Lanxess shares were set for their worst day ever after the German specialty chemicals maker said the sale of its stake in plastics joint venture Envalior had been called off, one of the first deals dropped since the...
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Son of EssilorLuxottica founder nears deal to buy siblings’ Delfin stake, FT says
Leonardo Maria del Vecchio is nearing a deal to buy out two of his siblings from the family holding company Delfin, which controls EssilorLuxottica, the heir told the Financial Times in an interview published on...
Toyota’s Denso bids for chipmaker Rohm in potential $8.3 billion deal
Toyota supplier Denso has made a bid for chipmaker Rohm, a potential $8.3 billion deal that will expand the auto parts giant’s hold on power management chips used in electric vehicles and data centres. Denso, a...
USA Rare Earth to acquire remaining stake in Texas Round Top deposit for $73 million
USA Rare Earth said on Thursday it would acquire the remaining minority interest in a Texas rare earth deposit in an all-stock transaction worth $73 million, as part of its efforts to boost domestic production of...
Whitestone REIT attracts takeover interest, faces proxy fights, sources say
Private equity firms including Blackstone and TPG have expressed interest in buying shopping center operator Whitestone REIT, three people familiar with the matter told Reuters. Houston-headquartered Whitestone, which...
Informa weighs selling stake in Monaco-based events assets, sources say
London-listed exhibitions group Informa is exploring selling a stake in its portfolio of Monaco-based luxury events, which include the Monaco Yacht Show and Top Marques Monaco, two people familiar with the matter said...
Advent says rejected Senior bid valued UK engineer at $1.52 billion
U.S. private equity firm Advent International has disclosed its rejected takeover proposal for British aerospace engineering firm Senior Plc valuing the company at approximately 1.14 billion pounds ($1.52 billion), or...
Denso proposes to buy Rohm in deal that could reach $8.3 bln, Nikkei says
Japanese auto parts giant Denso has proposed to acquire all shares in chipmaker Rohm in a deal that could reach as much as around 1.3 trillion yen ($8.26 billion), the Nikkei business daily said on Friday. The deal...
Owner of Four Loko explores sale of storied alcohol brand, sources say
The parent company of Four Loko, the canned alcoholic beverage that became a college campus sensation in the late 2000s before being reformulated under regulatory pressure, is exploring a sale of the brand that could...
Italy’s Agnelli family sells La Stampa daily after 100 years of ownership
Italian media group GEDI has signed a preliminary deal with regional publisher SAE to sell newspaper La Stampa, the two companies said on Wednesday, putting an end to 100 years of ownership by the Agnelli family. La...
Ziff Davis to sell Ookla and Downdetector to Accenture as part of $1.2 billion deal
Ziff Davis has agreed to sell its Connectivity division, which houses Ookla’s Speedtest app and Downdetector outage tracker, to Accenture for $1.2 billion in cash. The sale, which also includes Ekahau and...
UK’s Rosebank Industries to acquire US firms in $3.05 billion deal
British investor Rosebank Industries said on Tuesday it would buy two U.S.-based industrial businesses, MW Components and CPM, in a deal worth $3.05 billion. The deal is the next major step in Rosebank’s...
