Activist investor Fivespan Partners said on Tuesday that it owns 6.2% of Appian, a cloud computing and enterprise software company, and plans to discuss business strategy with its management and board as its stock...
China’s Anta buys $1.8 billion Puma stake from Pinault family, rules out takeover
China’s biggest sportswear brand Anta Sports Products has struck a deal to buy a 29.06% stake in Puma from the Pinault family for 1.5 billion euros ($1.8 billion), making it the biggest shareholder in the German...
Australia’s AUB Group to buy majority stake in UK-based insurer PIHL
Australia’s AUB Group said on Tuesday it will acquire a 95.9% stake in UK-based private insurance broking and underwriting platform PIHL Holdings for A$432 million ($298.47 million). The acquisition will help the...
China’s Zijin Gold to buy Canadian miner Allied Gold for about $4 billion
Zijin Gold will buy Canada’s Allied Gold for about C$5.5 billion ($4.02 billion) in cash, the companies said on Monday, as the Chinese miner ramps up its global expansion against the backdrop of record high...
Leidos to acquire ENTRUST for $2.4 billion to enhance its utility engineering services
Leidos Holdings said on Monday it would buy power design firm ENTRUST Solutions Group from private equity firm Kohlberg for about $2.4 billion, as it looks to expand engineering offerings for utility customers...
Spire Healthcare’s shares soar 20% amid buyout talks
Shares of Spire Healthcare surged as much as 20% on Monday after the British private hospital group confirmed over the weekend it was in preliminary talks with multiple buyout firms including Bridgepoint and Triton, to...
Exxon’s XTO unit seeks buyers for select Eagle Ford assets
Oil major Exxon Mobil’s subsidiary XTO Energy is seeking buyers for some of its assets in the Eagle Ford shale basin in South Texas, an Exxon spokesperson confirmed to Reuters in a statement. In recent days, top U...
CK Hutchison explores split sale of global ports, Bloomberg News reports
CK Hutchison is exploring a restructured sale of dozens of ports to a global consortium by breaking the transaction into smaller parcels with differing ownership structures, Bloomberg News reported on Friday, citing...
Thyssenkrupp considers sale of minority stake in bearings unit, sources say
Thyssenkrupp is considering selling a minority stake in its bearings division Rothe Erde, two people familiar with the matter said on Friday. Bloomberg first reported the news, saying that Thyssenkrupp was looking to...
Prysmian to buy Spain’s ACSM for 169 million euros, boosting submarine cable leadership
Italy’s cable maker Prysmian plans to buy Spain-based ACSM, a submarine cable installation company, in a 169-million-euros ($198 million) deal, it said on Friday. The world’s largest cable maker said the...
Telenor sells its stake in Thailand’s True Corporation for $3.9 billion
Telenor said on Thursday it would sell its 30.3% stake in Thailand’s True Corporation for 39 billion Norwegian crowns ($3.92 billion), its second divestment from Asia in recent months, lifting the Norwegian...
Shell considers exit from Argentina’s Vaca Muerta shale play, sources say
Oil major Shell is considering a sale of its assets in Argentina’s Vaca Muerta shale play and has approached potential buyers in recent weeks to gauge their interest, three sources familiar with the matter told...
