Volkswagen has received bids valuing its diesel engine division Everllence at around 8 billion euros ($9.4 billion) including debt, according to three people familiar with the discussions. Such a price tag would be...
Reuters.com
CPP, Equinix to buy Nordic data center operator at North in $4 billion deal
Canada Pension Plan Investment Board and Equinix have agreed to acquire Nordic data center operator atNorth from private equity firm Partners Group in a deal valued at about $4 billion, the companies said in a joint...
Paramount to buy Warner Bros Discovery in $110 billion deal as Netflix bows out of race
Warner Bros Discovery has agreed to be acquired by Paramount Skydance in a $110 billion deal, ending a high-stakes bidding war after Netflix walked away from its agreement with the HBO Max owner. The deal, with an...
Paramount Skydance wins Warner Bros; Netflix walks away and its shares jump
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio. “We’ve...
Victory Capital goes public with $8.6 billion rival bid for Janus Henderson
Victory Capital went public with its $8.6 billion offer for Janus Henderson on Thursday, ratcheting up pressure on the asset manager that previously agreed to a $7.4 billion buyout by Nelson Peltz’s Trian and...
Dubai Aerospace to buy Macquarie AirFinance in $7 billion deal
Dubai Aerospace Enterprise said on Thursday it will buy aircraft leasing firm Macquarie AirFinance for an enterprise value of about $7 billion, creating a combined fleet of 1,029 planes and one of the world’s...
Brinks to acquire NCR Atleos in $6.6 billion deal
Brinks Co on Thursday said it will acquire NCR Atleos in a cash-and-stock deal valued at about $6.6 billion including debt, sending the cash management and logistics provider’s shares down 6% in after-hours...
Las Vegas casino group Caesars weighs takeover interest, FT reports
Caesars Entertainment is weighing takeover offers from several potential bidders, including a bid from Texas gaming and hospitality billionaire Tilman Fertitta, the Financial Times reported on Thursday. Caesars has...
HSBC kicks off Singapore insurance business sale, eyes over $1 billion value, sources say
HSBC has started the sale process for its Singapore life insurance product manufacturing business with the hiring of an adviser, and is hoping for the deal to be valued at more than $1 billion, said three sources with...
France’s Engie to buy UK power grid from Hong Kong conglomerate for $14 billion
French utility Engie will buy electricity distributor UK Power Networks for 10.5 billion pounds ($14.2 billion) in a bid to expand its power business, the company said on Wednesday as it reported flat full-year earnings...
GSK to buy 35Pharma for $950 million in CEO Miel’s second major deal
GSK has agreed to pay $950 million in cash for Canadian biotech 35Pharma, it said on Wednesday, marking the second major deal new CEO Luke Miels has struck to accelerate development of new medicines at the British...
LG Energy selling its 7.5% stake in lithium firm Liontown, term sheet shows
South Korea’s LG Energy Solution is selling its 7.5% stake, or shares worth at least A$419 million ($297.99 million), in Australian lithium producer Liontown in a block trade, according to a term sheet. The South...
