Honeywell on Thursday said it is targeting deals valued at $2 billion to $4 billion and sees scope for acquisitions in its industrial automation business. “There is a ton of opportunity for M&A,” Peter Lau...
Reuters.com
Woodside exercises pre-emptive right to buy PetroChina’s stake in Browse JV
Woodside Energy exercised its pre-emptive right to acquire PetroChina’s 10.67% stake in the Browse gas fields off the coast of Western Australia, the firm said on Friday, blocking a deal agreed with Japan’s...
Taiwan-listed Ennoconn offers to buy Austria’s Kontron in $1.7 billion deal
Taiwan-listed technology firm Ennoconn Corp said on Wednesday it has launched a takeover bid for Austria-based Kontron, offering 23.50 euros per share to all its shareholders. Kontron, which the deal values at 1.47...
Ireland’s DCC signals support for sweetened $7.6 billion buyout bid
Ireland’s DCC said on Wednesday it would support a sweetened £5.7 billion ($7.63 billion) takeover bid by a consortium of KKR and Energy Capital Partners if the U.S. private equity firms formalise their offer...
Australia’s Sigma in early talks to acquire British pharmacy Boots
Australia’s Sigma Healthcare said on Wednesday that it had engaged in preliminary discussions for a potential acquisition of the British pharmacy chain Boots. The pharmaceutical wholesaler and retailer said it...
Trump Media and TAE Technologies will not spin off Truth Social
Trump Media and Technology and TAE Technologies said on Wednesday that they had decided against spinning off Truth Social and certain other TMTG media assets into a new publicly listed company. TMTG, founded by U.S...
Russia fails for third time to sell off confiscated stake in gold miner UGC
The Russian state failed for a third time to auction a 67.2%stake in gold producer Uzhuralzoloto (UGC) that it had seized from its owner last year, the state auction website showed on Wednesday. The auction was...
Australia’s Sigma Healthcare says in preliminary discussions over Boots acquisition
Australia’s Sigma Healthcare said on Wednesday that it had engaged in preliminary discussions regarding a potential acquisition of the British pharmacy chain Boots, following recent media speculation. The...
Activist Ancora builds stake in Ashland, pushes for sale
Activist Ancora Alternatives has built a significant stake in Ashland Inc and wants the U.S. specialty chemicals company to sell itself, arguing that a transaction could boost its share price by at least 30%, according...
UK’s Boots in talks for $10 billion sale as owners plan to scrap IPO plans, FT reports
Boots is in talks with the billionaire Weston family and Australian pharmacy group Sigma Healthcare over a $10 billion (£7.5 billion) sale that would see the British health and beauty retailer scrap its plans for a...
Starbucks mulls options for Japan business, including stake sale, Bloomberg reports
Starbucks is weighing options for its Japanese business, including a stake sale, Bloomberg News reported on Tuesday. A stake sale might be valued at ¥400 billion ($2.5 billion) to ¥500 billion, possibly attracting...
GSK in talks to buy cancer biotech Nuvalent for more than $9 billion, FT reports
UK pharmaceutical group GSK is in talks to buy cancer drugmaker Nuvalent for more than $9 billion, the Financial Times reported on Monday, citing people familiar with the matter. Here are some details: The companies...
