Anglo American said on Monday it will sell its steelmaking coal mines in Australia to UK-based miner Dhilmar for up to $3.88 billion, exiting the sector and simplifying itself ahead of a planned merger with...
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Analog Devices in talks to buy Empower Semiconductor for $1.5 billion, Bloomberg News reports
U.S. chipmaker Analog Devices is in advanced talks to acquire artificial intelligence chip company Empower Semiconductor for about $1.5 billion in cash, Bloomberg News reported on Monday, citing people familiar with...
Uber, Naver team up on Baemin takeover – Seoul Economic Daily
Uber and South Korean internet giant Naver have formed a consortium and submitted a bid of up to 8 trillion won ($5.34 billion) to acquire Baedal Minjok, South Korea’s largest food delivery platform, the...
Shein buys US-based apparel retailer Everlane, Puck News reports
Online fast-fashion platform Shein is acquiring Everlane from majority owner L Catterton in a deal valuing the U.S.-based apparel retailer at about $100 million, Puck News reported on Sunday, citing people familiar...
France’s Publicis to buy US data firm LiveRamp for $2.2 billion
French advertising group Publicis Groupe has agreed to acquire U.S. data collaboration company LiveRamp for a total enterprise value of about $2.2 billion in an all-cash deal, it said on Sunday. For Publicis, the...
NextEra, Dominion in talks to create $400 billion US utility, FT reports
U.S. power firm NextEra Energy is in talks to combine with smaller Virginia-based utility Dominion Energy, a deal that would create a company valued at about $400 billion including debt, the Financial Times reported...
Singapore telecom regulator suspends review of M1, Simba merger
Singapore’s Infocomm Media Development Authority said on Monday it has suspended its review of a merger between telecom companies Simba Telecom and Keppel’s M1. The regulator said in a statement that...
UK’s Intertek set to back $12.7 billion EQT takeover bid after investor pressure
Britain’s Intertek is ready to recommend a 9.4-billion-pound ($12.7-billion) takeover proposal by Swedish private equity group EQT, the product testing company said on Wednesday, bowing to investor pressure after...
Comcast’s Sky advances talks to acquire ITV unit with performance-based payout, sources say
Comcast-owned Sky is advancing towards a deal to acquire ITV’s Media and Entertainment unit in a transaction that will include a payout dependent on the British broadcaster’s performance, three people...
Mahanadi Coalfields gets govt nod for IPO; Coal India to dilute up to 25% stake
The Indian government has approved the proposal for the listing and disinvestment of Mahanadi Coalfields Limited (MCL), paving the way for the coal producer’s potential stock market debut through an initial public...
Blackstone, CD&R explore bids for Ben & Jerry’s owner Magnum
Blackstone and CD&R are among private equity firms in the early stages of exploring bids for Magnum Ice Cream Company, two sources familiar with the matter told Reuters, less than six months after the owner of...
UK’s Gamma Communications in preliminary talks with Oakley Capital, Giacom on possible takeover
British telecoms firm Gamma Communications confirmed on Friday that it is in preliminary talks with private equity firm Epiris, and separately, a consortium led by Oakley Capital and IT service provider Giacom on a...
