Real estate services firm CBRE Group Inc said on Tuesday it has acquired infrastructure maintenance firm Pearce Services from New Mountain Capital for about $1.2 billion in cash, with a potential earn-out of up to $115...
South Africa’s Pepkor completes $98 million acquisition of Retailability brands
South African retailer Pepkor has acquired several fashion brands from privately-owned Retailability, it said on Tuesday, as part of its push into the adult clothing market. The Cape Town-based Pepkor has been growing...
Ovintiv expands in Montney shale with $2.7 billion deal for NuVista
Ovintiv said on Tuesday it would buy the rest of NuVista Energy in a cash-and-stock deal valued at $2.7 billion, including debt, strengthening the shale producer’s presence in Canada’s Montney basin. Last...
Orange to buy remaining 50% of Spanish unit MasOrange for $5 billion
French telecoms group Orange said on Friday it had reached a non-binding agreement to buy the 50% stake it does not already own in its Spanish unit MasOrange for 4.25 billion euros ($4.96 billion) in cash. With the...
US Gulf producer LLOG Exploration explores sale at $3 billion valuation, sources say
LLOG Exploration Offshore is exploring a potential sale, which may value one of the largest privately held oil and gas producers in the U.S. Gulf at more than $3 billion including debt, people familiar with the matter...
Activist fund Ananym steps up calls for LKQ to sell European business
Ananym Capital has intensified its call for auto-parts supplier LKQ to sell its European business, stressing that there are interested buyers and that the proceeds could be used to buy back shares, according to a letter...
Intel in talks to acquire AI chip startup SambaNova, Bloomberg News reports
Intel is in talks to acquire artificial intelligence processor maker SambaNova, which has been working with bankers to gauge interest from potential suitors, Bloomberg News reported on Thursday, citing people familiar...
US Treasury’s Bessent says China has approved TikTok transfer deal
China has approved the transfer agreement for the short video app TikTok, U.S. Treasury Secretary Scott Bessent said on Thursday, adding that he expects it to move forward in coming weeks and months but giving no other...
AIG, Onex partner to buy specialty insurer Convex in $7 billion deal
Canadian asset manager Onex said on Thursday it has teamed up with U.S.-based insurer AIG to buy privately held specialty insurer Convex Group in a $7 billion deal. Dealmaking has made a sharp comeback as corporate...
Russia’s Lukoil accepts Gunvor offer to buy its foreign assets
Lukoil said on Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it...
TPG-owned digital engineering company Altimetrik completes acquisition of SLK Software
US-headquartered Altimetrik, an artificial intelligence (AI), data, and digital engineering solutions company, has completed its acquisition of Bengaluru-based SLK Software, a global technology services firm known for...
New Zealand’s Fonterra gets farmers’ approval for $2.42 billion consumer business sale
New Zealand dairy producer Fonterra Co-operative Group said on Thursday its farmer shareholders have agreed to the NZ$4.22 billion ($2.42 billion) divestment of its global consumer and associated businesses to French...
