Brazilian investment bank BTG Pactual announced late on Monday a binding proposal to incorporate shares of Banco Pan, offering a significant premium to minority shareholders in a move that would make Pan its indirect...
Zara founder buys UK warehouse leased to Amazon for $108 million: report
Zara founder Amancio Ortega’s investment vehicle Pontegadea Inversiones has agreed to acquire PLP’s Knowsley warehouse in Britain, near Liverpool, for £81 million ($107.50 million), Place North West real...
Goldman Sachs buys venture capital firm Industry Ventures
Goldman Sachs has agreed to buy Industry Ventures, a leading venture capital firm that manages $7 billion of assets, in a bid to expand its services to technology entrepreneurs, it said on Monday. Industry Ventures has...
Brookfield acquires remaining Oaktree stake for $3 billion to boost credit business
Brookfield said on Monday it would buy the remaining 26% stake in U.S.-based asset manager Oaktree Capital Management for about $3 billion, as the investment firm looks to strengthen its credit business. Under the terms...
UK self-storage firm Big Yellow confirms strategic talks amid Blackstone’s possible bid
Blackstone said on Monday it was in the early stages of considering a possible cash offer for self-storage company Big Yellow Group, sending shares of the London-listed firm higher by as much as 22%. Big Yellow...
Blackstone sells $1.3 billion UK logistics assets, considers Big Yellow bid
Blackstone said on Monday it would sell about 1 billion pounds ($1.3 billion) of UK logistics assets to Tritax Big Box in exchange for cash and a 9% stake, and was separately weighing a bid for UK self-storage firm Big...
Starboard Value takes stake in Keurig Dr Pepper amid JDE Peet’s buyout
Activist investor Starboard Value has built a stake in Keurig Dr Pepper after the beverage company made an acquisition to strengthen its coffee business that investors disliked, two people familiar with the matter said...
Caterpillar to acquire Australia’s RPMGlobal for $728 million
Australian mining software firm RPMGlobal said on Monday that it has struck a deal to be acquired by heavy machinery giant Caterpillar for a total equity value of A$1.12 billion ($728.22 million). The news comes after...
Warner Bros rebuffs Paramount takeover approach, Bloomberg News reports
Warner Bros Discovery has rebuffed Paramount Skydance’s initial takeover approach as too low, Bloomberg News reported on Saturday. Warner Bros rejected Paramount’s offer of around $20 per share in recent...
Strathcona exits race for MEG Energy after Cenovus’ sweetened bid
Strathcona Resources on Friday abandoned its takeover bid for MEG Energy, ending its months-long battle with Cenovus Energy for the ownership of one of Canada’s last large pure-play oil sands company. The move by...
Johnson & Johnson in talks to acquire Protagonist Therapeutics, source says
Johnson & Johnson is in discussions to buy Protagonist Therapeutics, a source familiar with the matter told Reuters. Shares of Protagonist surged more than 30% in afternoon trading. The company had a market...
BASF sells majority of coatings business to Carlyle, Qatar Investment Authority
BASF has agreed to sell a majority stake in its coatings business to private equity firm Carlyle and the Qatar Investment Authority, valuing the unit at 7.7 billion euros ($8.91 billion). The companies said in a joint...
